April Newsletter 2019
Top Home Improvement Projects For Older Homes
Do you own an older home, and are you looking to make upgrades that matter? Strategic enhancements not only increase a property’s resale value but also its functionality.
This is particularly important among young homebuyers. Sixty-eight percent of millennial homebuyers reported buyer’s remorse, according to a Bank of the West survey. Today’s high home prices in cities across the country mean that many millennials are buying older homes rather than newly built ones. Shortly after the purchase, these homebuyers feel disappointed with the dated features of their homes, unsure what and where to renovate.
If you love the older property but want to give it a face-lift, here are some leading home-improvement projects:
Technology additions: Smarthome features are frequently requested in new construction. Fortunately, your older home can become a smart home too when you implement technology, such as home automation. Thanks to WiFi, there’s no need for clumsy and costly rewiring. Smart thermostats, smart music, and programmable lighting are prime examples.
Wall removal: Removing a wall between the kitchen and living room can enhance the functionality of the area and provide a modern open concept design. Cutouts in walls are another option if the wall cannot be completely removed. Remember to ensure any wall is not load-bearing before removal, so you don’t impact the structural integrity of the home.
Popcorn ceilings: Once upon a time, popcorn ceilings were the top trend installed in every house. Today, they distract the eye and make a home look old. Consider hiring someone to redo your ceilings or research how to scrape it yourself. Leave flat or add a knock-down texture, which is a popular modern drywall finishing technique.
Update hardware: Hardware throughout a home gets dingy and dated. To update a space without an overhaul, simply change out the hardware. Cabinet knobs, drawer handles, towel racks and more in a modern metallic hue can make any space feel fresh again without much investment. Do not forget about air registers, which can also impact the visual appeal of a space.
Energy-efficient insulation: There are many modern insulation options available today that weren’t around when older homes were built, and many of those homes have little to no insulation at all. In addition to insulation, remember to seal spaces for air loss, such as air ducts, doors, windows, pipe inlets, and the attic.
Embrace the history: Be sure to research the history of the home and neighborhood. Would pulling out that original wood built-in be a detriment to the home’s authenticity and value? Perhaps you can hire someone to update the original wood flooring, so it has the modern stain tone you like, but the planks still maintain the home’s original luster.
Light fixtures: Light-fixture styles change through the years and can make your home appear older than necessary. Replacements can make a world of difference. For example, replace an old brass chandelier with a modern pendant design. Not only will it be a style update, but the light output can make the space more usable.