You may know that it’s time for some updating. Maybe the paint is peeling, the flooring is cracked, scratched or peeling, and you just don’t have the space you think you should. Alternatively, maybe you’re just ready for a change of scenery.

All this means it’s time to do some work on your home, but should you fully remodel or go for some light renovations?

You might be looking to save costs, but depending on your property, it may be time to do the work to give your home a second chance at life.

Here’s how you to tell if your home needs a full remodel or just some lighter renovations.

If all your fixtures and appliances are from the 80’s…

Renovate. Now is the time to make your home a pristine dream and get it fitted for a modern look. You may not need to tear out walls and rearrange the layout of your home, but some new fixtures, appliances, and paint jobs are going to go a long way.

Focus on your kitchen and bathrooms and move outward. Your home will feel distinctly more modern quickly without too much money out of your pocket, and the best part is, you are almost guaranteed to get back what you invest in the value of your property and the astounding physical improvements that come from not having outdated fixtures and appliances.

If your floor is damaged or coming up…

Remodel. It is time for durable, beautiful flooring that is going to age splendidly and save you money in the long run on maintenance and ultimately futile carpet cleaning.

Tear out that cheap vinyl or old carpet and invest in some flooring that will last. There are options that look just as good as hardwood without the cost or maintenance. Many of these, like some variants of luxury vinyl tile, click into place and float over the existing floor, so installation can be an easy DIY project.

If you hate your bathrooms and kitchen…

Remodel. The bathrooms and kitchen are the center of much of your home’s activity, places where the comfort of you and your family is absolutely essential. Don’t hesitate to turn these rooms into the best versions of themselves, if you can budget for it.

Remodels on your bathrooms and kitchen are going to raise the value of your property more than almost any other upgrade, getting you most if not all your money back should you resell. In a kitchen you love to be in and have space to cook, you will save money by eating in since doing so won’t feel like such a chore. And nothing beats the comfort of a neat, modern bathroom that looks great with little maintenance.

If your roof is leaking…

Remodel. Your leaky roof is telling you your home is in need of some essential structural repairs. Now is the time to not only replace your roof with a higher quality option, but to examine the rest of your home for areas of repair.

Hire an inspector to see what other major work is needed on your home, and fix as many issues as you can. While the cost of these repairs may feel like a lot, you will ultimately save money in avoiding emergency repairs and replacements down the line. If you’re already replacing your roof, you might as well ensure the rest of your home is up-to-date so you won’t be put out and inconvenienced again anytime soon.

If your paint is peeling…

Renovate. If your paint is chipped, faded, and peeling, you are overdue on a new coat. It’s also definitely time to take stock of what else needs to be done in the maintenance of your home, but a fresh coat of paint can work wonders in giving your property a like-new look.

Paint your interiors in light colors that will reflect the natural lighting and make your rooms look bigger and more welcoming. Paint the exterior of your home as well, if possible. A fresh coat of paint outside will enhance your curb appeal and raise your resell value. Since the exterior of your home is the first thing anybody sees, you want to make it a priority if you can budget for it.

If you have too much or too little space…

Remodel. You love your property but it’s not working for you. Time to come up with out-of-the-box solutions for maximizing the efficiency of your space. This could mean taking out walls, combining rooms, building an addition, or so much more.

The possibilities are endless when it comes to remodeling for maximizing your space or using it more efficiently. Consider integrating storage in garages, closets, under stairs or even along walls. Create a space that works and grows with you and your family, turning your home into your dream home.

Making your renovation decisions.

Whatever the state of your property, there is likely something that can be improved. If you’re wondering whether you should renovate or remodel, you can analyze these areas and determine next steps. Then, contact a professional for advice on the best steps for renovating your property.

Whether you are looking to flip your home or live in it forever, renovations and remodels can be a fantastic investment that you’ll find absolutely worthwhile.

For more information on remodels, renovations, and real estate investment, contact 208.properties today.