Kitchen remodeling - A Good Investment

For most of us, our home is our biggest investment and our
largest asset. Remodeling your home not only increases its
value, but if you aren’ t selling your home right away, you can
actually enjoy your investment (try that with stocks and bonds).
According to
Remodeling Magazine the kitchen is one of the
best remodeling investments you can make. In our area you
will get back between 85% and 90% of the remodeling costs
if you sell your home within a year. And most REALTORS ®
will tell you that attractive kitchens and bathrooms help sell
a home much more quickly. Either way you win! If you are
staying in your home, you can enjoy the improvements. If
you are selling, improvements will help you sell more quickly
and get a better price.
That brings up the first question you should answer when you
remodel. What is your purpose? If you are staying and enjoying
the home, you will probably spend a little more, especially on
conveniences. Sellers usually spend the least amount necessary
to accomplish the sale. In the latter case, sometimes just
replacing countertops or flooring can do the job.
Assuming you are staying, the first order of business is to
write down a Lifestyle Survey. Here are a few important
considerations:
- How many years do you plan on living in the house
you are remodeling?
- What do you like most about your old kitchen?
What do you like least?
- Do you have children? Do they need a place to eat
or do homework in the kitchen?
- Do you have elderly in your household?
- Do you plan to entertain frequently?
- Do you need a place for a desk in the new kitchen,
for a TV or Radio?
- How many people usually participate in cooking?
Are they right-handed or left-handed? Do you prepare
large meals or are they frequently prepared
“on-the-run”?
- Do you buy in bulk and require storage space? Do
you require a separate pantry?
- Do you plan to use existing appliances or purchase
new ones?
- Do you need space for recycling in your kitchen?
The next step is to find a good designer who will really listen
to you and help you make the best choices and decisions.
An experienced designer can help you avoid expensive
mistakes and provide excellent suggestions for your consideration
consideration.
Be wary of a designer who tries to push you into
their ideas. You make the decisions; they help you make
wise decisions. Ask friends or neighbors who have already
remodeled if they are willing to refer someone. Before making
any commitments, be sure to check their references.
Share your Lifestyle Survey with the designer and be sure
they thoroughly understand your expectations and budget
limitations. You can find a more extensive lifestyle survey
and planning information on the website
www.cabinetdiscounters.com
When you get to the design stage, don’t let your thinking be
limited by the current use of your space. Sometimes moving
a door, a window, or modifying a wall, can allow you to
completely re-think your space and radically increase the
usefulness of your kitchen. Look through every magazine
you can get your hands on for ideas and tear out pictures of
the things you really like. Keep them in a file folder. This
will help in the design stage.
When selecting products (cabinetry, countertops, and appliances),
avoid fads and extreme colors. This can really devalue
your home when it comes time to sell. Also, you may
regret those decisions when the fads go out of vogue. There
is plenty of creative latitude with mainstream materials and
colors. This will protect and maximize your investment.
Finally, choose your installation contractors carefully. The
lowest price is not always a good deal. A plumber or electrician
who fails to show when scheduled can set a whole project
behind and in some cases increase your cost. Choose
dependable people who are licensed and insured. Get referrals
and check their references. Pay more attention to quality
and dependability than the price.
The most important overall advice is not to rush. Take
your time to consider options and to reflect upon the consequences
of the many decisions you will make. Bounce ideas
off friends and family who know you. They may be more
realistic and objective. Build extra time into your installation
schedule to handle any unexpected difficulties. Be
flexible and make yourself available either in person or by
phone during the installation to answer any questions that
may arise and make necessary decisions.
Careful preparation and planning, choosing reputable
designers and contractors, sticking with mainstream materials,
and not rushing will give you the best possible outcome.
This is a big investment and it will pay you to do it right.
by Mike Bliss, Manager of Cabinet Discounters in
Gaithersburg, Maryland 9153 Arbuckle Dr., Gaithersburg,
MD 301-258-7360, www.cabinetdiscounters.com
HOME CONSULTANT MAGAZINE™ is produced twice a year by RIVWOOD ENTERPRISES, LLC. Information obtained in this publication has been obtained
from sources believed to be reliable. HOME CONSULTANT MAGAZINE™ and RIVWOOD ENTERPRISES, LLC make no representation about the correctness of the information contained herein. All information contained herein is provided for general information purposes and does not constitute professional or legal advice. HOME CONSULTANT MAGAZINE™ and RIVWOOD ENTERPRISES, LLC do not imply an endorsement or recommendation of any advertiser included in this publication. © 2007 Compilation Copyright
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