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Home Repair

Exactly How Hardwood Flooring Adds Elegance and Value to a House

Millions of people think that wood floors are good choices when picking flooring materials, and many of them are right. Depending on your requirements, they could be tough or soft, flexible or unyielding, light or dark, bright or matte. Despite the many things that a hardwood floor might provide though, there is one thing about it that no one dares to disagree about: hardwood is an attractive and attractive product for a floor. So gorgeous, in fact, that it could possibly sometimes also contribute hundreds or thousands of dollars right into the value of your own home.
There are numerous benefits of having a hardwood floor installed for your home. Precisely how they can make one’s house gorgeous isn’t such an issue, but exactly how it could include value makes some individuals raise their eyebrows in question. Exactly what is there to hardwood that could possibly raise a house’s resale value?
1. Toughness. Really good wooden floors are durable. If they are properly looked after, they could possibly last for a lifetime and more. Some hardwood could last a century if they are well cared for.
2. Cleanliness. Floor tiles have grouts and carpets have fiber. Both of these flooring materials could be home to pests, mites and insects. The smooth, solid surface of the hardwood makes it easy to totally clean.
3. Coziness. Wood floors are ideal if you want to have that taking it easy, warm and cozy feeling when you get inside a room.
4. Maintenance. Though hardwoods aren’t probably the least needy of maintenance in the world of flooring materials, they definitely aren’t the neediest of them all. It would not require that you get a vacuum, and you can sweep it clean, wipe them dry and they will quickly look as good as new.
To put it simply, hardwood is excellent if you want to grow the resale value of a house. Nevertheless, you likewise should take note that certain individuals want certain sorts of flooring, and not all people might find hardwood as desirable as you and as others could see it. And while you could feel that your flooring choices should have the ability to add more than a thousand dollars to the value of your home, some other individual could simply find it less appealing.
According to research, houses with hardwood floors can sell for as much as 20% more than those without them, and that having them installed could help sell your home quicker by 4 to 6 weeks. So there are definite benefits to having hardwood floors.…

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Bathroom Renovations

How Much Value Does Bathroom Remodeling Add To Your Home?

Remodeling a bathroom is one of the most popular home improvement projects. It’s clear that you can add significant value and convenience to your home by remodeling a bathroom. However, most people are unaware of how much value bathroom remodeling adds to the overall equity in a home. This amount varies due to the circumstances surrounding each remodel.
The Type of Bathroom Remodel
The value that any particular bathroom remodel adds to a home will depend on the scope of the project, as well as the overall condition of the rest of the house. For example, if your home is older and there are other significant repairs needed, updating your bathroom will have the least impact on your home’s value. In fact, you may see little to no added value by completing just a bathroom remodel if your home needs other work.
On the other hand, a home in good condition can see a significant increase in value by remodeling the bathroom. For homes with a modern kitchen, good carpet, sound electrical and clean paint, approximately 80% of the initial investment can be reclaimed when the home is sold. This means that a bathroom remodel that costs you $1,000 will result in about $800 of added value to your home.
These two scenarios deal with remodels that do not impact other areas of the home and do not add more square footage. If more square footage is added or living spaces changed significantly, then the value created by the bathroom remodel will be different.
Adding Bathrooms to Your Home
You will get the most added value if your bathroom remodel creates a bathroom that is not already in your home’s specifications. The percentage will vary based upon the project. Adding a bathroom to existing square footage will result in different percentages than building an addition that includes a bathroom.
When adding a bathroom to your existing home, the most lucrative project is creating a master bathroom. Most owners prefer the convenience of a dedicated bathroom, so your home will be worth more and easier to market. In fact, this type of bathroom remodel is considered by experts to be the best value for your remodeling dollar. In most cases, you can expect to see a 100% return on the cost of the remodel. In other words, for every $1,000 you spend on the remodel, $1,000 of value is added to your home.
While building a master bathroom in your existing home is lucrative, many families do not have the space to spare. Because of this, adding an addition that includes an extra bathroom is a widely-used option. Again, an addition that is a full master bedroom and bathroom suite is the best value for your remodeling dollars. Still, just building an extra bathroom can increase your home’s value by about 96% of the initial investment. If you are adding a full master suite, you might see as much as 100% of the cost added to the value of your home. This is most likely if the existing home does not already have a master suite.…