Home Renovations: On the Fast Track as Real Estate Climbs

December 11, 2014

Real estate is steadily gaining momentum – getting back on track and building a better economy for all of us. Many people do not realize that most industries, and consequently they themselves, rely on real estate as a major contender in their personal financial situations. Consider what goes on when a house is sold: 

  •     Real estate agents earn their commissions
  •     Title companies assist and oversee the closings
  •     Banks and mortgage companies finance home loans
  •     Prior to closing, home inspectors are generally called in

    Hardware stores become most new homeowners’ "home away from home" as the new owners purchase: 

  •    Lawn-care equipment
  •    Tools and repair supplies
  •    Shelving and cabinetry (for DIYers) 

The Rooms that Gets Most of the Attention in a Home Purchase
The kitchen and bathrooms get most of the attention when purchasing a
fixer-upper. They are the rooms of the house that visitors see and use most, aside from the family or great room. It makes sense to focus first on these busy and well-used general areas.

The economy is further bolstered through purchases directly related to kitchen renovation  projects, regardless if you contract with a kitchen designer or plan to do it yourself. Typically you need to replace the: 

  •     Flooring
  •     Cabinetry and associated hardware
  •     Countertops, as well as, the backsplash
  •     Appliances, including refrigerator, stove, range hood, microwave and dishwasher; and sink and faucets

 Kitchen projects may also entail hiring specialists such as: carpenters, painters, electricians and plumbers. Should you handle everything yourself, it’s a good idea to make a list of every step of the process, and include every item you need to purchase, right down to screws, nails and paint brushes. Of course, it goes without saying that when you hire Schrapper’s professional kitchen designers, we handle the work and you get to handle enjoying your brand new kitchen!

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