For most people, their home is their single largest investment, so treat it that way. Hire a financial planner to work out a strategy for protecting your investment by analyzing all of the financing options that are available. A financial whiz can tell you if you should refinance to lower your monthly payments or pull out some equity to pay for value-adding improvements.
For something so disproportionately small in the bathroom’s grand scheme of things, fixtures and hardware are so important for providing that chic finishing touch on the entire space. And, truly, the cost is not that much for such a major impact. In fact, if you did nothing more than replace an old sink faucet, your entire bathroom would look significantly better.
Home renovations have been some of the most exciting, but also most trying times in my life. My biggest advice is to just know yourself and what you’re cut out for, and don’t get in over your head, budget-wise. No beautiful home is worth the anxiety that comes along with consumer debt! If you have the extra money, it’s worth saving yourself the stress and hiring out the work, as long as you found someone good and trustworthy—otherwise it may equal even more stress! Sometimes homebuilding also equates to character building, and I’m talking about personal growth here, not investment growth. But the two aren’t mutually exclusive.
The look of your front door and entrance play heavily into the overall curb appeal of your home. As visitors enter, the front door serves as the transition into your home and is part of their first impression. Entry doors are architectural components that should complement your home's overall design, not detract from it. If your existing front door isn't up to par, head down to your local home improvement store for a more energy-efficient and attractive replacement. Whether you choose a solid wood door or one with decorative stained or cut glass panels, a welcoming entrance will definitely increase your home's bottom line.
Learning which items to spend your money on goes hand-in-hand with making a realistic budget and determining a sensible scope of work. The earlier you can make this determination, the more likely you will stay on track with costs. Think about which items you will use most frequently, as these are products that might be worth the higher price-tag. If you're on a tight budget, you might want to save on cosmetic finishings, as these items can be easily changed with time.
If you're unsure of which design style or paint color to use, hire a designer. They'll use discriminating taste and a trained eye to help with making the big decisions. Also, remodeling your home with a cohesive plan in mind makes all of your choices easier and ensures a pulled-together finished look. So, when you get the right mix of time or money, you'll know exactly which project to take on next.
Before you even call a remodeling company for your bathroom remodel, you should first talk with everyone who will be using the space. Try to have a discussion about the fixtures and finishes you are supposed to use and how much of a budget you’re willing to shell out. As you plan for your budget, it’s important to have a little extra, because you never know if there will be some unexpected problems that will increase the cost later on.
Big projects or small, probably all of us could stand to learn some decent home repair or home improvement skills. (All around the home, there are things we should never have to pay others to fix for us.) Learn Bob Villa-worthy skills and help others at the same time by volunteering or through free clinics and other resources. Turn to great reading resources and try starter projects too. If you get stuck on a project, iOS app Fountain will connect you to a home improvement expert to answer your question for $5. (Also, did you know we have a home improvement subblog here at Lifehacker called Workshop?)
The size of your home dramatically affects the value, but square footage isn't the only space that counts. Visual space or how large a home feels also counts. The key is to make each room in your house feel larger. Replace heavy closed draperies with vertical blinds or shutters to let light in — a sunny room feels larger and more open. Also, try adding a single large mirror to a room to visually double the space. Finally, clear the clutter. The more clutter, furniture and plain old stuff you have in a room, the more cramped it will feel. For less than $400, add an attractive shelving unit to an underused space and store your clutter out of sight.
However, you may choose to add a clause in your cost-plus remodeling contract that pays a bonus if the contractor completes the project early or under budget. This is more an incentive than a show of appreciation, and can be a percentage of estimated money saved or a flat fee, perhaps $500 to $1,000 for a major project like a large kitchen remodel.
It really helped when you said that getting an efficient lighting design can help eliminate shadows on faces. That was a common problem we have in our bathroom before. It was too dark and my husband easily gets cuts when shaving. With this bathroom improvement project, I’d be sure to get help from a professional so we can remedy this lighting issue. Thanks for the very helpful tip!
Get the most bang for your buck by spending more on statement items, such as quartz countertops or a statement stove, but reserve funds in other less impactful areas. This is a balance you’ll have to figure out yourself, since it varies so much depending on your project and style inclinations. But, in general, I like to spend more money on hardware and less on doors/cabinets. Find your own balance, but don’t make the mistake of going too fancy with an appliance only to install cheap formica countertops. The key is to find balance, not extremes.
While it goes without saying that any project needs a budget to keep costs in check, it's not always an easy task to find the balance between your dream designs and the amount in you've allotted for a project. This is why it is essential to get a true understanding of pricing, both with materials and labor, so you can gauge expectations accordingly.