How to Make Smart Renovation Decisions

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Today's topic is one we're often asked about here at Utah Cribs: renovations.
 
Like most homeowners, you're probably wondering what you can do to increase the value of your home. Before you run out and make a huge renovation decision, we recommend you come and talk to us!

Why?

Too often, people call a contractor, pay the bid, and get started renovating, assuming they are going to increase the value of their home dollar for dollar. But that's not always the case.

It's important to put your money toward a renovation project that will get you the best bang for your buck. If you come talk to us, we'll show you the comparables, your active competition, and other stats that will help you determine what you can spend on your home, and how, in order to add value.

If you're thinking about renovating your home, give us a call or shoot us a quick email. We would love to chat or even walk through your home and share some ideas on how to save money when renovating. We're always here to help!

Are You Costing Yourself Money When Renovating Your Home on the Wasatch Front?

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Hello, and welcome back! Today, we're going to run through the do's and don'ts of remodeling, so you don't make any costly mistakes during the process. 

People are always asking what renovations will get them the biggest returns. Often, they are surprised when we give them our answer. Since there are a lot of misconceptions out there about remodeling, we're here to set the record straight. 

Recently, a client asked if he should build a detached two-car garage. He said he could probably build it for roughly $18,000, and add around $40,000 to the value of his home. We told him to wait before he spends the money so we could comp his home. After taking a look at the numbers, which never lie, we told him it was unlikely he would be able to increase the value of his home with the new addition. He took our advice, and ended up saving himself a costly headache.

Often, renovations can make a home more appealing to a buyer and help it sell quicker, but it doesn't necessarily mean you'll get the money back. So, before you go out and spend a bunch of money on a renovation, come talk to us. It's very easy for us to do a comparative market analysis of your property's value, which will give you a good idea of whether remodels will be worth the time and trouble.

Give us a call or shoot us an email if you want to discuss this topic further. We would love to help you avoid costly mistakes and make smart renovations that will net you a big return. We look forward to hearing from you soon!