Home renovations in Calgary are undoubtedly an exciting time in any homeowner’s life. You have the opportunity to see your home transform before your very eyes, becoming a space that is both more functional and beautiful.

However, it’s difficult to hide the fact that home renovation projects can cost a fair bit of money. So is there a way to make some money back in the process?

Let’s explore some of the best upgrades you can make to your home that will increase its value, both for you and for prospective buyers.

3 Upgrades That Increase Home Value

Bathroom Remodel

Bathrooms are one of the most utilized rooms in the home, but are often one of the last to be touched when it comes to home renovations– and it shows! Outdated bathrooms can add a dingy, out-of-style feel and often show the true age of the home. Both homeowners and buyers alike are less than inspired by such a room.

Fortunately, according to the Appraisal Institute of Canada, you can see a return on investment of up to 75% when you remodel your bathroom. By simply replacing your vanity and modernizing the fixtures, features, and colours, you can completely transform the space and your home’s value.

Additionally, consider adding a second bathroom to your home if you currently only have the one. Prospective buyers will find great value in this second bathroom, even if it’s simply a powder room, as it eliminates logistical issues when it comes to family living.

Basement Development

While basement developments aren’t an easy project to take on, they’re more than worth it. From a convenience perspective, you are adding liveable space to your home and utilizing an area that was likely just used for storage. From a financial standpoint, meanwhile, you can see a return on investment of roughly 50%.

As a note, the square footage of a basement is generally valued at half of what the main floor’s square footage is. Therefore, unless you intend to live in your home for a while, it’s recommended you don’t invest more than 10% of your home’s value into a basement development.

Kitchen Renovation

The kitchen is the heart of the home, and also one of the focus pieces when it comes to home buying. Therefore, having a modern and up-to-date kitchen can go a long way in catching the eye of potential buyers and increasing the value of your home.

The size and scale of your kitchen renovation will influence the return on your investment. It may surprise you, but more simple renovations, such as updating features, fixtures, and appliances, can actually offer a higher return on investment of up to 80%. More complex renovations that involve changing the floor plan and moving electrical and plumbing will naturally cost more but don’t tend to offer the same rate of return, falling closer to 50-60%.

That said, your kitchen is one of the defining spaces in your home, so whether you intend to renovate for yourself or others, the investment is more than worth it.

At Mastered Home Renovations, attention to detail is our specialty. Your home renovation is sure to meet all of your functional and stylistic needs. It is our mission to turn your dream home into a reality. Contact us for a quote to get started.

Taking on home renovations can be very exciting. However, it can also be very daunting. After all, most renovation projects require a lot of time and money. More than that, these renovation projects require you to make a lot of decisions that need to last for years to come. One of the most important decisions you will make for your renovation has to do with your floors. Which flooring should you choose? How can you pick the right option? Here are five quick guidelines to help you pick.

Consider Flooring Materials During Your Home Renovation

The most important decision when it comes to flooring for your home renovations is the material. You have to choose the right material for your floors. Carpets are soft, but they do not wear as well. Hardwood flooring is expensive, but it is built to last. Other options include tile, manufactured wood, laminate and more. You should think about the look you want to achieve, and the purpose of the room. For example, bathrooms often need tile because of water usage. However, hardwood is great for living rooms. Carpets may be preferred in family areas where people sit on the floor.

Look Carefully At Texture and Colour For Your Floors

After you look at the material, consider the texture and colour. Texture has to do with the feel of the flooring. Tile may be cold to the touch, and some woods and stones have variegated textures that look interesting but may not be comfortable for sitting. Even carpets have varied textures. Some plush shags may offer more comfort while a Berber will be more resilient. The colour will have a dramatic impact on the look of the room. Wood comes in various natural shades, but tiles, carpets and laminates may be available in a whole range of colours. Think about whether you want something natural or something a bit bolder.

Always Check The Cost And Installation Before Making A Purchase

Some considerations are also practical. Look at the cost per square foot of anything you choose. You need to know exactly how much it will cost to install the floor in any given room of your home. You should also know about the installation process. You need to schedule your flooring installation as part of your overall home renovations. Know how much time to put aside for this project.

Home renovations make a great Christmas gift to yourself. This is the time of year people are used to spending money, and you may even be able to get some good holiday rates. However, if you do plan your renovations around the holidays, it can make celebrating your Christmas a little difficult. Nonetheless, it is possible to prepare your home for Christmas even if you are remodelling.

4 Tips To Manage Home Renovations During Christmas

Be Realistic About Your Home Renovations

If you are getting some custom home renovations in Calgary over the holiday season, then start your Christmas planning by being realistic. The fact is that you need to accept your limitations for Christmas this year. For example, if your kitchen is being worked on, then do not expect to prepare an elaborate meal at home. Make alternative plans instead. By acknowledging that things are different right now, you can plan accordingly. You will have plenty of time to make needed adjustments.

Be Flexible During Custom Home Renovations in Calgary

You are going to have to be flexible for your home renovations over the holidays. With so much going on in your home, there is a good chance you will not be able to put up all your decorations during custom home renovations in Calgary. Do not let yourself be too disappointed about that fact. Instead, put up what you can in appropriate areas of the house. Consider moving things around to new spots this year. A little flexibility will make it easier to celebrate.

Do Not Be Afraid of New Holiday Traditions

Most people rely on established family traditions to celebrate over the holidays. This can be hard when your home is in disarray. However, you can use your renovations as an opportunity to explore new ideas this holiday season. Instead of always sharing Christmas dinner in the kitchen, maybe spend your holiday meal in the basement around your fireplace. If you cannot hang the stockings on the fireplace, then look for a neat series of hooks for the wall instead. These new traditions might even endure beyond your renovations.

Embrace the True Spirit of Christmas

Ultimately, your home renovation should remind you of the true spirit of Christmas. Even if you cannot do all the things you normally do, your Christmas can still be meaningful when spent with people you love. Christmas in the modern era has become very commercialized, which can detract from the sense of love and belonging that defines the season. By scaling back your decorating and celebration, you can take this opportunity to remind yourself what Christmas is really all about.

Before you sell your property, you want to undergo home renovations that can increase the property’s value, or help it compete in the local market. Of the various home custom renovations, homeowners can opt for floors are often overlooked. But is it even worth spending the money on new flooring – particularly hardwood floors? Will you see a good return on investment for the renovation? Let’s find out.

3 Reasons Why Hardwood Floors Are A Great Investment For Your Property

Flooring is a Low-Cost Investment

Compared to other home custom renovations, flooring is a lower-cost investment. The most expensive parts of the property to renovate is the kitchen and the bathrooms. Flooring is far cheaper than these renovations, and you do not always have to install new flooring for the entire house. You can opt for new flooring for the first floor for a strong presentation.

Hardwood Flooring is the Best Choice

You have a lot of choices when it comes to flooring materials. However, hardwood flooring is the best choice. The reasons are because hardwood flooring is sturdy, beautiful, and lasts for a long time. Many potential buyers will look for hardwood flooring when shopping fora new home. They also like hardwood flooring because it is easy to repair and renew. You do not have to strip the entire flooring if there is a problem.

Hardwood Flooring May Be Essential to Compete

Because many homebuyers desire hardwood flooring, you will be up against other Calgary properties that have installed hardwood floors as part of their home custom renovations. So if you’re having a difficult time moving your property, then you need to do everything you can to compete in the local market. You might have to get new flooring done so that your property stands out.

Average Cost of Hardwood Flooring

With that said, you will need to know the average cost of hardwood flooring so that you get a reasonable rate with a home renovator in Calgary. The price can be anywhere from $3,000 to $6,000. For 300 square feet, you can expect to pay anywhere from $2,500 to $4,000. Of course, your final costs will be based on how much surface area you want to cover with hardwood flooring.

As mentioned earlier, you want to think about what areas of your home you want to cover with hardwood flooring. It may not be economical to redo your entire flooring just to sell your property. Remember that the living room and kitchen room tend to have the most significant impact on home buyers.

How Much Can You Expect Back from Your Investment?

For many homeowners, the big question is how much they can expect back from their flooring investment. The answer is that it really depends. Some homeowners say they saw anywhere from 20 to 80 per cent net return on investment. Some figures show that adding hardwood floors adds anywhere from $2,000 to $5,000 to the value of the home. So it’s important to make sure you don’t spend past this price range.

Again, it may be smart to add hardwood flooring even if you break even. This will help you stay competitive in the local market if your home in the low range prices. The important thing here is not to overdo it with your flooring. Speak to your home renovator in Calgary for more information about the installation process.

You should now have a better understanding of how hardwood flooring affects the value of your property. While it won’t increase the overall value significantly, you can still see a decent return on investment. Flooring is often overlooked for other upgrades and should be an important part of a renovation project.

Updating your kitchen or transforming the basement is exciting – you get to see your vision become a reality. Unfortunately, there may be bumps along the way, including when homeowners find themselves paying more than expected for remodelling projects.

Updating or renovating your home is an exciting part of your home’s future. You get to create something from nothing, and you will be able to enjoy what you have created. At the same time, you will be able to increase the value of your home, so you get your money back.

Money though is the problem that most people face. Many homeowners find themselves paying more than expected for their custom home renovation projects. But a lot of people want to renovate their homes without spending too much, sticking within their budget. So how can you avoid that situation where you blow your budget?

Here are four tips where you can complete a Calgary home renovation on a budget.

Focus On Where You Need/Want To Make Renovations

What is the point of starting renovations if you don’t know what you renovate? Do a sweep of your home and decide where you would like to make your renovations. Is it the kitchen, the bathroom or do you want a basement development? Once you know what you to renovate, then you can start making plans for those renovations. With a solid foundation to build upon, you will be able to commence your project.

Plan Out Your Budget From The Start

Too often, people start their home renovations without planning out their budget. And this leads to problems down the line as when the renovations begin, as the prices skyrocket, and they haven’t planned for it. So the first thing is first: plan out your budget and make sure you have everything considered. As a side note, always add a little extra to your budget in case you need it.

Map Out Your Renovations

Create a detailed plan for home renovations, regardless of the size of your project. The more detailed and in-depth your plan then the easier the process will be when it comes to your home renovations. The more you plan through things during the development phase, the less likely you’ll be to encounter unexpected problems during the project. It doesn’t matter how long it takes, get all the details down for your improvements, so when the time comes, your project can kick-off to a good start.

Look For An Excellent, Yet Affordable Renovation Contractor in Calgary

Many homeowners often expect that a DIY approach to save them money on renovation projects, but this isn’t always the case. They may end up paying more if they do the work themselves because lack of knowledge and experience can cost them. If you follow the same path, the lack of expertise might see you make mistakes, and it is going to cost you just as much to repair those mistakes. So it is best if you hire a Calgary renovation contractor. They have all the knowledge and experience to handle all types of home renovations. For most projects, hiring a Calgary renovation contractor is the way to go and can save you from costly mistakes.

While completing a home renovation within your budget can be challenging at times, you will be able to get your dream situation, and save money at the same time. With the help of a Calgary renovation contractor, it’s possible to achieve your dream home renovations.

If you’re ready to purchase a home, one thing to consider is whether to buy one or have one built. Many people enjoy searching for the perfect home while others prefer designing it. There are advantages either way, but the but here are six benefits of custom homes.

The Six Benefits Of Getting A Custom Home In Calgary

1. Pick the Perfect Floor Plan for a Custom Home

Open floor plan or designated spaces? Master bedroom downstairs or upstairs? One or two story? Your family has specific needs and preferences, and custom homes allow you to personalize the floor plan so that its just right.

2. Stick with a Budget during Calgary Renovations

People often assume that a custom home costs more, but this isn’t necessarily true. Many builders offer reasonable prices that fit with a budget. By designing your home, you can make it exactly how you want and avoid spending money changing things.

3. Customize the Home for the Lot

You get to choose the lot for your custom home and can then design the home to complement the space. Undergoing renovations in Calgary give you the opportunity to emphasis the things you love about your property.

4. Minimize Maintenance and Repairs with a Custom Home

Buying a home and moving is a lot of work; once you’re in your home you want to enjoy it. Custom homes provide that opportunity because they need minimal maintenance and repairs for a long time.

5. Enjoy the Sentimental Value of a Custom Home

Designing your own home and living in one that no one else has are special things. A custom home offers a lot of sentimental value for you and your family.

6. Pick Your Home’s Finishes

A custom home lets you pick all the finishing touches that make a big difference. Choosing your own countertops, flooring, and other finishes lets you make the home your own with renovations in Calgary.