Those looking for homes in Albuquerque tend to know when they find one that checks nearly every box on their wish list. As an asset, a “forever home” can appreciate tremendously. It is possible for families to obtain financial security by borrowing from the equity of their homes that have appreciated substantially in value. Some homeowners are hesitant to renovate a home if they are uncertain about how long they will live there. Since most improvements increase the value of a home more than the cost of the improvements, homes should be seen as investments. Here are some renovations and improvements to protect your investment when living in a home for a long time.
Replacing Your Roof
You may have to deal with a lot of expenses related to the roof during your time in a house. There are certain types of roofs that are more durable than others and have varying benefits. Metal roofs can last for quite a long time, while other roofing is much better for inclement weather. Depending on the shape of your roof along with your location, it can differ in costs by thousands of dollars. Roofing can come with warranties and home insurance companies might require a roof of a certain age to be replaced.
Renovation Of Dated Bathrooms
Over time, bathrooms tend to become dated. Besides humidity, it is also possible that the space is not being cleaned on a regular basis. It may be possible to refinish the bathrooms if they are simply dirty or grimy. It is important to get several estimates for bathroom tile, as these can vary widely. There are certain contractors who charge a minimum amount per square foot for tiling, so it is essential to get multiple estimates. A hot tub in the master bathroom can exude relaxation, which attracts buyers. The convenience of having a hot tub in your bathroom provides a great way to unwind after a long day.
Interior And Exterior Painting
Painting your home over the years will have to happen multiple times. You can change the color to give your home a much better curb appeal. Curb appeal can even be improved by doing something as simple as putting a fresh coat of paint on the front door. Hiring painters is likely the best option as you want to avoid completing a subpar painting project on your home.
Due to custom cabinets being required by some homeowners, replacing cabinets can be very expensive. You can also save thousands of dollars by painting the cabinets. Additionally, cabinet refacing is quite popular because people do not want to spend a lot of money on cabinets that will get damaged over time.
Finishing A Large Basement Space
Basements have been used as storage areas in many homes. The lack of insulation made this a cold space for some homeowners. Finishing the basement can boost the livable space in the home. The ability to have a completely new level to entertain on or have a member of the family live in is convenient. A basement room can be perfect for a home office or even a nice retreat for a teen that has been wanting more privacy.
You might not have to put tile in as painted concrete can be a good option. Area rugs can be used to reduce how slippery the floor is after something has been spilled.
Flooring Refinishing/Replacement
The flooring of the home can often tell the age of the home. Shag carpeting is a perfect example of a trend that has since died without indication of reviving. Wood flooring has a lifetime while tile if kept clean can last a lifetime. You might need to replace wood flooring multiple times in your forever home after living there for decades. Styles also change with new materials released that provide a great look at an affordable price.
Solar Panels
Solar panels can help Albuquerque homeowners earn money and eliminate their electricity bills. There are even local and federal government grants/tax breaks that can help save on the cost. Picking a reputable solar panel provider that will handle the installation is imperative. You want to make sure you are taking advantage of all of the perks of installing solar panels on your home.
Finding the home of your dreams in Albuquerque that you can continually change to fit what you need is a huge opportunity. Growing into a home can allow it to become a part of a family’s memories that will never be forgotten.
HOT ALBUQUERQUE PROPERTY OF THE WEEK!
3935 Mcadams Drive NE
Rio Rancho, NM 87144
Oversized premium corner lot in Lomas Encantadas. This well-maintained home was built in 2019 – comes equipped with many upgrades! 3 bd + flex room which can be used as a 4th bedroom or office, 2 full baths and one half bath. Owned: Culligan water softener, tankless water heater. Gourmet kitchen with stainless steel appliances, soft-close cabinets, beautiful oversized island, breakfast nook and plenty of cabinet space. Owners are leaving the 2 mounted TV’s; one in the living room and the other in the MB. This home has a custom 12 x 24 extended patio for those warm summer nights and lots of privacy; this is a great backyard for entertaining! There’s also a dog door and dog run on the side of the home. Schedule a showing today!
Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.
Get your Morning Inspiration with the Sandi Pressley Team
