Making the decision to make a home renovation is a significant decision and it can be a costly one, depending on the kind of work that needs to be carried out. Like many other aspects of life, residential improvement projects can be classified into two categories: Michigan Unique Home Renovations those we require and those that we would like to have. In our lives, we require breathing air, however, we’d like chocolate gateau to devour. We could certainly opt for the chocolate gateau in favour of air, but in the end, we’ll find ourselves regretting it. It’s the same in a way, but on a smaller scale for home improvements.
As per the Merriam-Webster Online Dictionary” to remodel” refers to two things “to renovate” has two meanings:
1. Restore to a previous condition (as by cleaning, repairing or rebuilding)
2. To restore life energy, vitality, or activity Rejuvenate
They’re a little, perhaps invisible, distinct – and one of them is typically more important than the others for the homeowner in deciding the best way to spend their hard-earned money on renovations.
It is common to consider a home improvement as something that improves the appearance of our living spaces, gives us more space or makes us feel more at ease. Think about adding an addition, an update to the paint or even a brand-new bathroom. These are all part of the definition of number two. They’re bringing life back to our homes and provide the “wow” factor that we are eager to share with our family and friends. They also increase the value of a home, and people talk about the ROI they bring to these renovations i.e. how much the renovation will be compared to the price increase should the property be sold.
But, there’s often an important home renovation that needs to be thought about and does not fit into the definition of number one. It’s the maintenance-related renovation and that is the “restore to a former better state” renovation, or the monotonous renovation, in addition, the ratio of the financial cost to the “wow” factor absolutely stinks. This kind of renovation involves things like a brand new roofing system, foundation repairs as well as insulation, pointing and wiring – usually, the kind of renovation that isn’t visible – and are usually the highest priority for every homeowner regardless of what state they’re in.
Let’s consider a scenario that the homeowner is content with their house and are keen to remain there as a parent They are enthralled by the sense of community that is prevalent in the area, it’s near to work and has plenty of amenities close by. What’s more important in the long run? stopping the basement from leaking or acquiring a brand new kitchen? The answer is obvious of course, renovating (restoring the condition of the basement back to its original condition) the basement isn’t just a need to prevent from causing significant damage to your home and its contents, but necessary for security.
What happens when the homeowner is looking to sell their home? It is widely known that a brand kitchen that is renovated offers the highest ROI and can increase the value of your home substantially. It’s tempting to remodel this small profitable area to make more cash and enhance the appeal of your home however, there is an issue when there are any major or structural maintenance issues, a prospective buyer, if they possess any sense, will notice these issues when they get an assessment of the structural condition. Based on the nature of the problem is, there may be any of the following options: a request for a price reduction or for work completed and then re-inspected at the homeowner’s expense for example, or as it is typically the situation the permanent withdrawal or cancellation of an offer. This is difficult to take for the seller because the appraiser’s cost of the property hasn’t considered the costs of the extra work but despite having the work completed the seller is likely to reap nothing to gain from a point of view of increasing the value of the home. Of course, there is, it’s only that the assessment was not enough initially.
There are house buyers that aren’t doing the correct foundation work, and the needed maintenance repairs are not completed when the house is bought. The seller, even if they were aware of the problem (as they frequently do) gambled and “gotten away with one” and the buyer took on another’s issues for the expense of a structural study. Note to potential buyers: Always, always, take the time to have a thorough structural survey regardless of whether you’re an expert yourself in these things because the immediate additional expense will be more pleasant than discovering serious issues and having to face the emotional pain (and anger) when the purchase has been completed.
How can a homeowner find out if there are repairs that need attention? There are several methods to determine this however, sticking to the side of the road isn’t an alternative. This is similar to not having regular checks with your dentist or doctor – if nobody tells you that there’s an issue, there’s no issue is there? Wrong.
The first step is to rely on your instincts. You may have a sense of whether the electrics could be the cause (there are sparks when you plug in appliances for instance) or if there’s water in the basement or if your attic insulation isn’t enough since you’re the person who lives in the attic. Check the exterior of your home to see if there are any signs of deteriorating damages – are there cracks that are larger than what you’re used to seeing? Does the roof appear uneven? Do you have a good water management system that removes water run-off from your house’s foundations?
You can back this up by grabbing the home inspection you conducted before you bought the property and then going through it once more (after you’ve cleared away all the dirt). Make a list of potential issues, and then categorize them according to those that need to be addressed urgently and those that you can bear with. A basic risk assessment should examine each issue and determine if it has an assessment of medium, high or low for both categories of consequence and likelihood. If it is high-high, medium-high or high-medium should be the most pressing and need to be addressed first.
Next, you must check your suspicions. It could be that you should not bother when the issue is clear such as, for instance when it rains, you take baths because the tub fills up because of leaks in the ceiling (a common problem in people’s books) If this is the case, calling an expert in roofing earlier rather than later might be necessary. However, there may be things you’re not sure about, like visible cracks in the brickwork, possibly caused by sinking foundations. The issue would be in the medium-high category, meaning that the probability of occurrence is unclear, however, there is some evidence to support it (the cracks) and the result is significant financially (the home sinking). In cases like this, or any other circumstance is if you’re unsure about the root of the problem you should consult with other people. You could consider speaking to family members or acquaintances who have experienced similar problems, but this is likely to create the possibility of doubt since people’s normal response is to speculate and stay on one side. It is more beneficial to speak to an expert in the area you’re interested in for roofing issues. If it’s the roof, consult an expert in roofing; if it’s brickwork, speak to a stonemason, or the electrical issue, consult an electrician. Do the work in the same way as if you wanted to have the work completed (you might have to) and get three quotes, and thus three distinct opinions, and be sure to ask plenty of questions. The result could be that the cracks on the brickwork are just superficial, and then become an extremely low case, which means cracks will be evident however they will not cause additional issues. Low-importance cases regardless of the probability tend to be cosmetic and can be addressed in the future if you’d like. For cases with low probability, the case is generally not be included on your list of cases.
A word about risk assessment: If there is an impact you observe, you’ll need to consider the various possible causes and grade the causes accordingly. A stain on the ceiling might be caused by leaky roofs, but this could also be the result of leaky pipes. Be cautious though (you need to stop at some point) Also, it could be tea spilt at a tea party for squirrels however it’s highly unlikely.
If you find out that there’s a major issue, don’t be concerned. Create a plan and an estimated time frame to get it resolved. Discuss with the contractor you select to determine whether the issue is urgent or if it can be put off for a few months, or perhaps a year or two. Know that the money you’re paying for is giving you peace of mind, and also saving your financial burden in the long run And remember that you’ll have plenty of time to go through your gateau after you’re confident you’re breathing normally.
Envy is Michigan’s leader in unique home renovations and remodelling. We’re here to help turn your visions into reality. Let’s make your house a home today!