Investing Your Money Wisely When Renovating a Home

As an industry professional, I find that most people really do not know what their money can buy when it comes to renovating their home and even more so what a realistic budget is for a kitchen or a master bathroom project. According to the Joint Center for Housing Studies at Harvard University, residential renovations are one of the largest investments a family will make in their lifetime (Vogel, 2009). With this in mind, it is recommended that your money is spent wisely by making the most educated choice when it comes to deciding on the final budget, layout, and material selections for your home. Your appliances are a large portion of a kitchen remodel budget and should not be considered “disposable” goods with a shelf-life of five to seven years. When purchasing appliances it is important to select a package that will last twenty plus years and offer the most quality care when it comes to customer service and warranty support. It has long been said that not all things are created equal and this remains true in our industry. Just because two products appear the same from the outside doesn’t mean that a products’ interior components are of the same quality. Price often reflects how some manufacturers will use lower grade material for their products while others choose to build a better quality product that is guaranteed to last much longer. It is our responsibility here at Euro to personally educate our clients on the items we specify so that they may choose the most appropriate products and materials for their lifestyle and in turn, make the most out of their investment. In our next blog, you can read about what area of your home will give you the biggest return on your investment!

Sources:

Vogel, Carl. “Renovations That Give You a Return on Your Investment.” Www.thisoldhouse.com. This Old House, 17 Mar. 2009. Web. 30 July 2015. <http://www.thisoldhouse.com/toh/article/40804500.html>.

Author: Melinda Dzinic
Author: Melinda Dzinic

Melinda Dzinic is the founder and CEO of Euro Design Build. She has a deep passion for creating beautiful, healthy spaces for families, knowing that people’s homes are a foundation for living a richer life experience. She is a NARI Certified home remodeler whose eye for design and tireless professionalism has made her one of the top voices in Texas’s home renovation industry.

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