Home renovations can be a profitable investment for homeowners. A renovation can revitalize your home, making it more competitive in the real estate market. Renovations can range from simple and quick projects to complete transformations of the space. Since there are so many different types of renovations, these projects vary in intensity. Some projects may be easy to complete on your own, while others require the work of a professional. While each renovation project is unique depending on the homeowner’s goals and the property’s needs, there are a few general guidelines that can help you understand how long a renovation will take.
Simple renovation projects take days to complete
Some projects are so straightforward that homeowners could even take them on themselves. Even easy projects can rejuvenate your home and increase the value of the property. These types of renovations are focused on surface-level cosmetic changes in the home rather than fundamentally changing the property. Quick projects that take only a few days or weeks to complete can add value to your home. Adding a fresh coat of paint can make a home feel new. Updating old light fixtures in the home can revitalize the space. New lighting in the kitchen and bathroom can modernize a home. Something as simple as replacing the front door can increase your home’s curb appeal and make the exterior more attractive. Similarly, replacing the hardware on bathroom and kitchen cabinets as well as other fixtures in the home can be a quick way to update the style of your home.
Weeks to month-long projects
There are many renovations more intense than the do-it-yourself projects but are still relatively short-term endeavors. For these more extensive home renovations, homeowners may opt to hire professionals. The right experienced professionals can complete a renovation effectively. Some of these weeks to months-long projects can be the most worthwhile investment for homeowners wanting to renovate. For example, upgrades on hardwood flooring can result in a valuable return on investment. Refinished hardwood floors returned 147% of the cost, while new wood flooring brought a 118% return on investment. Other renovations that only take weeks or months to complete include exterior updates. Some of these exterior projects can include replacing the roofing or siding and installing a new garage door. These projects focused on the exterior of the home often pay for themselves, adding value to the property that is equal to or greater than the renovation costs.
Major projects can transform a home over several months
A renovation that completely transforms a property is an extensive undertaking that can take long periods of time. Big renovation projects include building an addition to the house and gutting the home’s plumbing or heating and cooling systems to install new systems. These long-term renovations can be a significant undertaking for homeowners. Big renovations may address fundamental problems with a property, such as structural issues in the foundation. Renovations can also add additional floors or wings to a home. Major projects often modernize a home to meet the needs of those accustomed to a luxury lifestyle. These projects can be lengthy and costly, so it is important to understand what you are in for when taking on a major renovation. The length of time that it takes to finish a major renovation depends on the size, magnitude, and location of the property. Big renovations can take from several months to an entire year. These projects often require an entire construction team to complete. Big home renovation projects take longer to finish but can completely alter a house.
Consult a real estate professional for a successful renovation
A realtor can be an invaluable resource for homeowners taking on a renovation. Realtors are experts in the local real estate market. They can help their clients understand what renovation projects are more profitable for homeowners intending to sell. A realtor can use their knowledge to help homeowners determine what renovations will add lasting value to the property. Understanding the impact of renovations on the value of your home is important for all homeowners, even those with no intention of selling in the near future. A realtor can help connect their clients with experienced and trusted professionals in the local area. Using contractors, construction teams, and other professionals recommended by a realtor to complete your home renovation removes the stress and unease that comes with finding people on your own. With the help of a realtor, you can know that your home is safe with an experienced team of professionals. A realtor’s network can make renovating less stressful for homeowners. Realtors are familiar with housing market trends and local real estate conditions and can use this information to help their clients make the best choices when renovating. Working with a real estate professional can be incredibly helpful for those wanting to renovate their home.
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Martin Quintana is a talented realtor offering his clients his expertise in Los Gatos real estate. He is knowledgeable in Los Gatos and the surrounding area’s real estate market as a realtor and real estate investor. Martin leverages his knowledge to help his clients make the best decisions to realize their real estate dreams. He has helped his clients understand which renovation projects are worth the effort and result in a positive return on investment. From start to finish, Martin walks his clients through every step of the real estate process. He is there to help from the initial search to negotiating the final sale right up to the closing date. When someone is looking for a Los Gatos house for sale, they know Martin Quitan is the best realtor in the area. Connect with Martin to start exploring the Los Gatos real estate market.