Reasons to Renovate Your Home After Every 3-5 Years
Renovations on residential property are often delayed until when they are absolutely necessary. Homeowners conduct regular minor maintenance work but rarely identify the need to renovate the property because it is perceived to be costly.
Breaking down the costs of a renovation project done every 3-5 years and comparing them with minor maintenance tasks could potentially amount to a higher estimate. What are other reasons to renovate the home after every 3-5 years?
Advancing energy efficiency
The advancement of energy-efficient building elements has yet to reach its peak. With new technologies entering the market, reducing carbon emissions and non-renewable energy use is getting more convenient with each year that passes. Renovating your home after 3-5 years offers you the advantage of implementing energy-efficient building elements to the property.
Homeowners have a wide variety of roof options and types of insulation that Idaho roofing contractors can use for their renovation projects. These roofing options include cool roof coatings, asphalt shingles, and several types of insulation to improve energy efficiency while reducing electrical bills.
Increasing property value
Periodical renovations improve the property’s value by keeping it up to date with the latest fittings and finishings. Aspects that seem minor as wall and roof paint, have a direct bearing on a property’s sale value. Taking care of these elements will go a long way to increasing the house’s valuation.
Whether you are a property investor or not, a high property valuation has great benefits when the house is being sold or still in your name. Some of those benefits include access to higher equity loans and net worth due to the increased value of the assets you own.
Maintaining structural integrity
To extend the life cycle of any building, it is recommended to do a renovation in at least five years. Regardless of the type of building structural elements used, undertaking a renovation project allows homeowners to assess the damage and any potential hazards.
A renovation project will fix any structural integrity compromises comprehensively, which extends the building's life cycle. The costs that could be spent on minor maintenance tasks over the following years can be condensed and invested in a comprehensive renovation project. This could result in significant cost savings and a safe home for your family and generations to come.
Truthfully, nobody likes living in a space they are not content with. The appearance of a residential property building has widespread effects on the people it houses. With every year that passes, new home styles are progressively introduced, which are mostly very appealing. Improving the visual aesthetic of your home can make it a more welcoming house that can host friends and family over weekends and holidays.
The visual appearance of a house is also the pride and joy of homeowners. To keep up with home styles introduced every now and then, consider renovating the property every 3-5 years. During this renovation project, try to cover tasks such as repainting or re-shingling your roof and revamping the interior.
Adding space on demand
Renovation projects are the perfect opportunity to add space whenever there is a need to do so. Perhaps your family has grown a little bit, maybe you have now got a baby, and a nursery or new bedroom is due. Alternatively, you might have just retired and need a good patio to relax and unwind. These tasks call for a renovation project where other aspects of the property can be taken care of once and for all.
As a homeowner, you can combine these tasks with the extension project making it full-scale renovation work. There are also other tasks that need to be added to the project when adding new space, which warrants a residential property renovation.