Remodeling your Chicago house is a significant undertaking and an even greater expense. It goes without saying that you want to get the most value possible out of your renovation project given the amount of money and effort that will go into it. Sadly, not all updates are created equal, and some of them can even end up costing you money. By avoiding these common errors in home remodeling, you may ensure that the next update you make to your home will actually produce a return on investment.
Working Without a License or Permit
If you work with a reputable contractor, you can rest assured that they will obtain all of the necessary licenses for your undertaking. Because the laws governing what is permitted in a given area and what has to be approved in a given area vary from municipality to municipality, it is imperative that you check with the building department in your community to see what requirements apply to you. It is common practice to remove or demolish unpermitted additions or alterations, which can have a negative impact on the value of your home.
Installing Carpet in the Garage
It’s possible that a carpeted garage would work well for you, especially if you have teenagers living in the house, but not everyone will find it appealing. The majority of homebuyers look for properties with garage space, and while the idea of having an extra room to hang out inside could be enticing, many homeowners would rather have their garages be utilized for storage and parking cars. Consider installing tough garage carpeting, which can withstand the weight of cars and will be more appealing to prospective buyers in the future, if you want to turn your garage into a game room or workout space but aren’t willing to fully convert it into a fully functional room.
Selecting the offer with the lowest price
Utilizing the services of a professional contractor for home improvement can result in a significant financial outlay. It is understandable that you will want to reduce your expenses; however, resist the temptation to go with the offer that comes in at the lowest price. Make it a priority to locate a reputable professional who possesses all necessary certifications, enjoys a stellar reputation among previous customers, and guarantees to deliver work of the highest possible standard.
Getting Rid of an Additional Bedroom
You may be drawn to the concept of enlarging your living room in order to create additional space for yourself; yet, this renovation might be expensive. Your home’s resale value can be significantly impacted by the addition of even a single additional bedroom, regardless of its size. Be sure to consider the value of your home’s resale before making any alterations to it, even if you believe that having a smaller living room and a smaller bedroom would be a step backwards.
Choosing the Current Trend Over the Long-Term Investment
The addition of trendy features to a property can enhance its desirability, and if you want to sell your house quickly, you might consider using them as one of your home improvement strategies. Although this might be the case in upscale neighborhoods, the typical buyer is more interested in a generic version of the product.