It seemed like a good idea at the time. Unfortunately, “Mr. Reality" had other plans. Home renovations, even those managed by experts, can often go awry, and fixing the reno becomes worse than the outdated rooms that encouraged this project in the first place.
One sure-fire way to avoid the agony of renovation regret is to buy a home that stands the test of time and minimizes the need for major repairs and renovations. The residents at Silo Mills have done just that by choosing from an array of floor plans and design options selected by a professional team of premier builders.
By making the right choices upfront, a home will be future-proofed against the need for constant remodeling. Selecting timeless designs means a home will remain stylish and functional, no matter how trends may change. This thoughtful approach not only saves money and effort in the long run. but also provides lasting value and enjoyment in your living space. A wise investment today ensures a beautiful home that sustains its market value for many years.
On the other hand, an unwise decision can lead to…
Renovation Remorse
A Clever Real Estate report reveals that 74% of homeowners who have completed a remodeling project regret their experience. Many homeowners believe that investing heavily in major renovations will significantly boost their home's resale value, but minor updates tend to offer a better return on investment. For instance, a minor kitchen remodel typically recoups around 96% of its cost upon sale, whereas an upscale, major kitchen overhaul only recoups about 38%.
It's interesting to note that one of the most cost-effective improvements is upgrading the garage door, which can double the money spent on it. However, in the past five years, only 19% of homeowners have undertaken this renovation.
Top Five Renovation Regrets by the Room
Pro Tip: When planning a kitchen “do-over,” opt for materials that are both beautiful and durable, such as quartz, which mimics the look of marble but is easier to maintain.
Pro Tip: Integrate built-in storage solutions and versatile multifunctional furniture that can accommodate different activities and gatherings.
Pro Tip: Choose fixtures that combine style with practicality, like undermount sinks that offer a sleek look with functional benefits. Install an exhaust fan to remove moist air and reduce humidity. Choose slip-resistant tiles or non-slip mats specifically designed for wet areas. Textured or matte finish tiles are safer options.
Pro Tip: Invest in high-quality bedding and furniture that offer both comfort and style, ensuring a restful and visually pleasing bedroom. Measure the space to ensure the bed frame fits well within room dimensions and allows for comfortable movement around the bed.
Pro Tip: Plan the layout and install multiple outlets to accommodate electronics. Include built-ins, cabinets, and drawers to keep your workplace tidy. Invest in ergonomic furniture that supports good posture and comfort.
Peace of Mind
Living at Silo Mills and building a home that anticipates future family needs while maintaining or increasing resale value is the ultimate strategy to avoid renovation regrets. A thoughtfully designed neighborhood and a home constructed with flexible, timeless features adapt to life's changes and retain its market appeal. This proactive approach not only brings peace of mind but also secures your investment, making it a wise and worthwhile choice in the long run.
Plan a visit to Silo Mills to find the home you’ve always wanted! Schedule an appointment today!