Is 100k Enough To Renovate A House?

Is 100k Enough To Renovate A House?

Is 100k Enough To Renovate A House?

There is a pretty good chance that you have ever walked into a property you’re about to move in and immediately got ideas on how to revamp it. This includes redesigning floors and cupboards and modifying the lights; the list is endless based on your interests and preferences. However, it all boils down to one important factor, which is- a budget. After purchasing a home, which is a considerable expense, you may not have much left to perform all the renovations your heart desires.

Fortunately, if you are working with a $100,000 budget, there are substantial changes you can make to remodel your home in more than just one space. Here are the best remodelling ideas for a $100,000 budget that Beaver Building & Remodeling can help you bring to life and significantly increase the value of your home.

Kitchen Remodeling

Kitchen makeovers are known to be notoriously costly, but they give the highest return on investment. Making changes in this part of the house can’t be underestimated. Realtors frequently say kitchens sell homes, and that phrase remains true regardless of the season, year, or the latest trend.

On estimate, a real estate investor can recover as much as 90 cents on each dollar spent on remodelling a kitchen. Some of the most acceptable ways to refurbish kitchens are replacing the flooring and getting new cabinets and countertops. Your kitchen does not have to be entirely redone to look good and add value to your house. Quality refurbing is all you need, especially when working with a tight budget.

Your kitchen can cost you anywhere between $30,000 and $50,000, depending on your choice of materials. To save up on cost, you can divide your upgrade into two categories: items that need to be bought anew and another for items that could do with a bit of repair. You can invest in buying new matching appliances to improve the look and feel or raise buyer appeal if you intend to sell your home in the future. On the other hand, cabinets and countertops can be revamped rather than purchased new depending on their condition. You can get your cabinets and countertops refinished and painted to provide a coordinated, fresh look.

Bathroom Renovation

Another space that can increase the value of your property is the bathroom. Bathroom renovations are just as substantial as kitchen renovations, except they are not quite as expensive. On average, bathroom remodelling ranges between $10,000 and $15,000. That does not necessarily mean that you will spend this much on the bathrooms within your property. You can choose to redo the bathrooms’ tilling and replace the fixtures to get that brand new feel. Installing new items, for example, vanities can make the bathrooms look fancy for just a small price. Ideally, a hotel-like bathroom ambience is what you should be going for to improve the buyer appeal should you decide to sell your home.

Interior Renovation

A popular trend for most homeowners is creating comfortable indoor spaces for entertainment purposes. You can decide to remodel your basement or any other extra room to make a cozy recreation room for your kids to play with and grown-ups as well. You can invest in fun game equipment like a pool table, a foosball table, and other games of your choice. A contemporary design and style will give your home a facelift and is an excellent choice if you want more space to entertain in your present home.

You can also upgrade the recreation room by installing a home theatre section with stadium-style design seating with elegant armchairs to provide comfort when viewing a game or a movie. A budget of $100,000 is enough to get you a significant upgrade, including ambient lighting and surround sound if your main interest is remodelling an entertainment room. However, if you are looking to remodel your entire home on the $100,000 budget, prioritizing your kitchen, bathroom, and exterior renovations would be best.

Remodelling your home on a budget can be pretty daunting, but $100,000 is sufficient to help you make significant changes to your home. It’s possible to remodel several parts of your home for $100,000, depending on the number of rooms you choose to prioritize and the cost of labour and materials.

Bathrooms and kitchens are the most common and the most popular remodelling spaces with homeowners. These renovation projects should be categorized into what needs to be replaced entirely or repaired and reused. Start with these critical rooms in your home, and don’t forget to upgrade and freshen up the exterior of your property as well.

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