Owning a waterfront property along Florida’s Space Coast, from Daytona Beach to Vero Beach, may sound like a dream. Admittedly, these properties are special, but every family has individual likes and dislikes when it comes to housing. Remodeling can make your Florida Space Coast property into a home that suits all of your family’s needs. However, it’s important to keep in mind a few tips to make sure that you get the most from your remodeling project.
Things to consider for getting the most value from your Florida home remodeling project
1. Some projects increase your home’s value more than others. Not all remodeling projects increase the value of your home. Some projects, especially highly specialized ones, can actually make the property harder to sell when the time comes. The projects with the highest re-sell value include renovating your kitchen and bathrooms, adding a home office and/or finishing your basement.
2. You can get a big boost in value without spending a huge amount of money. You don’t have to spend a fortune to boost your home’s value. A new coat of paint, one of the least expensive renovation projects, can transform the look of a room and make it more appealing to your family and to eventual buyers. Equally, upgrading your landscaping can boost your curb appeal and make your home much more desirable without costing you a lot of money.
3. Not all renovation projects are good DIY projects. Despite what you see on HGTV, some projects are better left to the pros, especially if you don’t have a lot of time to devote to the project and/or experience in home remodeling. A DIY project can easily end up costing you more money than you anticipated if you get in the middle of it and then have the pros take over. Some projects are never candidates for doing yourself, such as any electrical project, short of changing an outlet or light fixture, or moving load-bearing walls.
4. Plan for delays. Even the most well-conceived and managed renovation project can (and likely will) run into delays. Weather can impact outdoor work. Delays getting materials can cause work to shut down and sub contractors can get sick and cause them to lose time at the job site. If you have a firm deadline, such as getting the house ready for a holiday party or to get it listed to sell, make sure that you allow ample time for unforeseen circumstances that might affect the timeline.
To learn more about adding value to your home and finding a property that you can make into your family’s own dream home, contact David Curri. We’ve been helping families like yours buy and sell properties along Florida’s Space Coast for more than 20 years.