Are you planning a home improvement? Are you fed up with the same outdated design? People frequently hear the terms remodeling and renovation, and get confused between the two.
First of all, these two are different. Despite this, many people use them for the same meaning. They can raise the value of your house, but in different ways. You can make the most suitable choice for your house if you are aware of the differences. Let’s look at each of the two ideas.
What Is Home Renovation?
Renovation meaning is to modernize, fix, or restore your home. These changes are made to the existing features. Generally, there aren’t any structural changes. The goal of renovations is to make the place better. The purpose is to update the area.
Here are a few examples: replacement of old fixtures or repainting walls. Laying new flooring also comes under renovation. You can replace outdated windows or repair damaged appliances. These changes do not affect the layout or structure.
What is Remodeling?
There is more to remodeling. Remodeling means changing your home’s layout. This can mean removing the previous structure and making a new one. It includes altering the way some areas are used. Remodeling is a bigger and more complicated project.
Let’s look at some examples. You can change a tiny kitchen into an open kitchen to give it a larger look. You can convert the basement into a home theater. Remodeling has an enormous impact on the look of your place. It needs more time and effort. You will need permits or expert assistance for this process.
Remodeling vs. Renovation
These two procedures differ in several aspects, which are:
1. The Extent of Work
Renovation: Updates the current elements without a change of structure.
Remodeling: Remodeling means to change the layout of the house.
2. Price
Renovation: The cost is low due to no major work.
Remodeling: The cost is higher as it involves a lot of work
3. Duration
Renovation: It pays attention to updates rather than building. This is why it needs a short time.
Remodeling: It is a full-fledged construction process, so it will take time.
4. Effect on the Home’s Value
Renovation: Improves the current features to add value.
Remodeling: You will get a higher return as it alters the home’s function to make it better.
5. Purpose
Renovation: This means updates or fixes without changing the design.
Remodeling: It will change the appearance of a space massively.
Renovation Vs Remodeling: A Quick Comparison
| Aspect | Renovation | Remodeling |
| Definition | Updates or restores existing features. | Changes layout or structure. |
| Examples | Painting, new flooring, fixture upgrades. | Open kitchen, add rooms, and a basement. |
| Cost | Lower, minor updates. | Higher, major work. |
| Time | Weeks. | Months. |
| Value Impact | Refreshes, adds moderate value. | Transforms, boosts value more. |
| Permits | Rarely needed. | Often required. |
How Remodeling Can Increase Your Home’s Value?
Remodeling is an incredible way to skyrocket the value of your house. Here are the common remodeling tasks to increase the value of your house:
1. Remodeling the Kitchen
For homebuyers, the kitchen is frequently the most important place. They want modern appliances and updated countertop features. It’s even better if you’ve modern cabinets. These are kitchen remodels. Even a simple improvement like changing the lighting has a big impact.
Here’s a surprising fact: you can recover up to 80% of the cost because the value increases. Kitchen renovations give the highest returns on investment.
2. Remodeling the Bathroom
A bathroom makeover is a wise investment that you will never regret. You can make simple improvements, such as updating the vanity. Going a little bigger, you can re-grout tiles or replace the current faucets.
These changes level up the entire look. If you have the money, you can install a new shower or a modern tub. Buyers adore modern features in the bathrooms.
3. New Paint
Painting your walls is among the easiest remodeling projects. A room can feel fresh and clean with new paint. The most appealing colors are neutral ones that produce a pleasing ambiance. A newly painted house frequently conveys modern style.
4. Improved Flooring
This is the first thing that buyers notice. If your flooring looks old school, it’s time for a renovation. It’s critical to replace flooring that is old or broken. It will immensely increase the value as well. Two common options are tiles or hardwood floors. You can throw the old carpet. New flooring will make the place modern.
How to Raise Value Through Remodeling?
Remodeled vs renovation: Remodeling creates a more noticeable change. It is a bigger project that has a better contribution to increasing the value of your home. Remodeling can change how your house looks. It can increase value in the following ways:
1. Expanding the Area
Do you want to increase usable space in your home? This is an excellent way to add value. You can achieve this by completing a basement. You can expand current rooms or add new spaces. These changes come in remodeling. Your home’s value increases with more square footage.
Buyers love homes with more bathrooms or bedrooms. Your home’s value increases with the amount of space you have.
2. Unrestricted Floor Plans
Open floor plans have become popular in recent decades. Remodeling can give your house a modern feel if it has a lot of closed spaces. People often knock down walls to create a large and open kitchen. It connects with the living area to give it a larger look.
Open areas give an illusion of a bigger space, which enlarges your house. Buyers want a home that is connected and social. They find this feature appealing.
3. Kitchen Modernization
Your property’s value can increase dramatically with a kitchen remodel. An outdated kitchen can become a modern area if you remove the outdated cabinets. You can replace the countertops and add new appliances. Another excellent method is to include a central island.
It’s better to invest in this remodel as it’ll yield a high return. Many buyers find modern kitchens to be a major selling point.
4. Add Master Suite
If we talk about the prospective purchasers, a master suite is highly valuable. A master bedroom will increase the appeal of your house. An attached bathroom is another plus point. Here are some well-liked features: double vanities, big showers, and walk-in closets.
A well-designed home can make your home more comfortable and luxurious. This remodel will be a key selling point for buyers.
Bottom Line!
If you want to increase your home’s value before you sell it, you can try either renovation or remodeling. Remodeling means changing the home’s functionality. Renovations only work on the surface to update things. It will only improve the features that are already there. Remodeling adds contemporary features, often yielding a higher return on investment.
Regardless of your decision, we can assist you. We provide professional remodeling and renovation services as per your requirements. Get in touch with us!
Frequently Asked Questions
1. What is the cost of remodeling?
Remodeling projects have different requirements. So, the costs depend on the kind of project. For a better idea, contact our experts now.
2. How much time does home renovation need?
Some renovation projects are done in 2-3 weeks, but some complicated projects can take a few months. It relies on the work required.
3. Is home remodeling a good idea before selling it?
Yes, you can remodel the house before you sell it. This will boost the home’s value. It is a good return on investment.
