Many home renovations can significantly improve the quality of your life in your home both now and in the future. You might not be able to afford them all at once, but you should think about making a list. If you can only do one, make sure it is installing a high-efficiency furnace.
1. Upgrading Your Heating System
If you have an old heating system, it might not be delivering the heat as efficiently as a new one can. Many homes need to replace their oil and gas furnaces because they are so inefficient. If you don’t do this, you’ll lose money on your heating bill at a time when you are likely trying to save more money than ever.
An efficient furnace will also reduce some of the indoor air pollutants that are present in most older-model furnaces. It will also help you save more money in the future because it will be cheaper to run than an older furnace.
2. Replacing Your Roof
The roof of your home is exposed to the elements and subject to extensive wear and tear throughout its lifetime. Some roof materials last longer than others, but all roofs eventually need to be replaced. It’s a good idea to have this done before there is extensive damage or if you notice any leaks. You can pay a lot to have your roof replaced, or you can install a new one yourself.
3. Replacing Old Plumbing and Electrical Systems
The plumbing and electrical systems in your home are subject to rigorous use throughout their lifetime. This type of wear and tear mixed with the pressure of time means that you need to replace your plumbing system before it fails. Some plumbers will charge thousands of dollars to replace a system, but you can hire someone for much less if you do the work yourself.
The same goes for your electrical system. Electrical systems in older homes were not designed to handle the new technology that we use today. You can replace the wiring in your home if you are willing to spend a lot of time and money or pay a professional to do it for you. An electrician will have more experience than you and will be able to do high-quality work, but they charge a lot more than you’ll pay if you do it yourself.
4. Adding a Second Story
If you want to add more living space to your home, consider adding a second story. You can do this without hiring an architect or a contractor, but it will be difficult and time-consuming without the help of home renovation companies. According to experts, it costs an average of $58,000 to add a second story. This will vary depending on the size of your home and the difficulty of adding another floor. It’s also a significant investment for some homeowners, so you might want to consider whether or not it’s the right choice for you.
5. Adding a Deck
Adding a deck to your home is one of the most popular home renovations that you can do. There are many different types of decks and each type has advantages and disadvantages, but they all require additional maintenance. If you’re relatively inexperienced with home renovations, it’s a good idea to hire an expert before doing this type of work yourself.
6. Installing a Spa or Water Feature
Spas and fountains are popular additions to homes because they add beauty to your home and improve the quality of your life. However, if you install one when you don’t have the skills to maintain it, the value of your investment will decrease. If you don’t have any experience with home renovations, it’s best to spend a little more money and hire someone who has already done these kinds of projects for themselves and others.
7. Installing a French Drain System
A French drain system is one of the most effective ways to fight water damage in your basement, but it will cost you a lot of money and time. You can do this type of project on your own if you want, but you should get the advice of an experienced contractor first to determine if it’s right for your home.
Don’t Wait Until It’s Too Late
Home renovation companies will tell you that you can’t put a price on the right home improvements. While this may be true, there is a limit to the number of home renovation projects you should take on yourself if you are inexperienced. If this type of work is too difficult for you, it’s best to hire someone instead of spending money on something that won’t last and could even cause further damage. A professional can guide you through the process to ensure that your home project turns out as expected and will add value to your home for years to come.