Your Mercer Island or Greater Seattle home is not just somewhere where you spend some quality time. It represents one of your best investments. Read this blog if you are wondering whether it makes more sense for you to move or do something different such as full home remodel to your Mercer Island property.
It has been established that home remodeling is among the top investments that can provide you with the highest returns on investment (ROI). Besides improving your life by creating a personalized environment, home remodeling is likely to add more value to your property. We explore how a home remodel contractor will assist you to tap into your home's equity.
Older houses on the Eastside may have outdated and undesigned floor plans with small, compartmentalized rooms. New-age luxury buyers look for the "Great Room" concept where the kitchen, dining area, and living room connect without barriers.
By tearing down non-load bearing walls, you are not only redesigning the space; but are also increasing the functionality. Design flow and lighting are among the two factors which add greatly to the resale price.
Not all spaces within a house have the same impact on resale value. Kitchens still hold a special place as the heart of the home and remain a key consideration while valuing any property.
Kitchen: High-end appliances, quartz or marble countertops, and custom cabinets offer the much-required striking impression.
Luxury Suites: Turning a simple bedroom into a luxurious spa suite equipped with a large walk-in closet and baths caters to the taste of upscale clients.
A home remodel in Mercer Island is not only for interior upgrades. By updating the exterior through siding installation, energy-efficient black framed windows, and new entrances, it creates an instant bond with potential homebuyers. It's the power of the first impression, which in a luxury market is the determining factor between a home staying on the market and selling above the asking price.
Deferred maintenance is one of the major threats when it comes to devaluing a property. During a full home remodel, you have the chance to address aging electrical wiring, plumbing, and heating and air conditioning units.
Energy Efficiency: By installing high-performance insulation and smart home technology, you will reduce utilities costs, thus increasing the appeal.
Peace of Mind: The buyer is ready to pay more if all the "major things" were already taken care of in advance, eliminating chances of costly repairs within the next five years of owning the home.
Land is scarce in the Greater Seattle area, and if home remodeling involves creating a new home addition or transforming an unenclosed basement/attic into an actual living area, then you are effectively increasing the price-per-square-foot of your house. Creating an additional bedroom or a dedicated workspace will be one of the best strategies to enter a higher price point.
A complete home renovation project takes much more than tools to be successful; it takes a partner that knows the zoning and building requirements for this part of the world.
Mercer Island Remodeling provides full home remodeling services that take old and worn-out houses and turn them into modern homes. We have extensive experience with remodeling and know how to make every inch worth its cost. Ready to see how much value we can add to your property? Contact us today and get started.
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