Green home remodeling has experienced a rise in popularity across the region as a lot of homeowners and commercial property investors seek to improve the appearance and durability of their property structures. I’ve come to truly understand why too. Green renovations including bamboo flooring or implementation of alternative wind energy usage provide long-lasting and favorable enhancements to properties that might be sustainable, trendy, and eco-friendly. Additionally, earth-friendly renovation and remodeling costs have begun to drop as more green contractors turn out to be out there on the market.
Best Green Home Remodeling Projects to Consider
Consider green home remodeling for your property when it’s time to renovate. Eco-friendly renovations that won’t break your budget are usually not only attainable, but can provide an increased ROI, or return on your investment, with the right strategies. The key to finding an appropriate return on investment is to consider the types of maintenance and work needed for the house, the best options obtainable, and the neighborhood in which your property is located.
Essentially, you will find five basic types of home remodeling projects: home maintenance, curb appeal, neighborhood norm, appraisal booster, lifestyle improvement, and “green” improvement. For the record, some of these improvements could intersect with others, but overall, the ones which might be most vital to consider are home maintenance and appraisal booster.
Home maintenance repairs are those that would manage the home’s condition and are pretty routine to the lifecycle of almost every home. Home maintenance renovations would include projects like roof repairs, flashing roof leak repair, weather-stripping, and storm door repairs. If your gutters, plumbing fixtures, and other “everyday” shelter need required work, these would all fall under the umbrella of normal home maintenance and repair.
Appraisal boost renovations provide a quick turnaround and prepare a home for quick flip investments. Appraisal – focused renovations do not seek to over-improve your home, but simply increase the value of one’s home through major remodels that upgrade the good quality of life in the home to a competitive and comparable level in line with the market comps. In other words, you’re remodeling to “meet the Joneses,” not outdo them. Here’s an example:
Let’s say you purchase a 3 bed, 2 bathroom home in Todt Hill, which is a relatively middle-class community in Staten Island, New York. Once you purchased the home several years ago, it was relatively normal for all the homes to have 3 bedrooms and 1.5 bathrooms. Now, you’re looking to sell the home and move to New Jersey. Having said that, you discover that recent homes that have sold within the Todt Hill area are 3 bedrooms 2.5 bathrooms, and granite countertops. Guess what? You’ll probably have to consider renovating your property to add a full bathroom and see about receiving granite countertops to match the current market place demands.
