Owning a home in Perth, is often a complex commitment, and when we decide to make certain improvements, renovations, and or repairs, it's important, for us, to focus on why we're doing so, our purposes and priorities, needs, and concerns, as well as understanding, which ones might provide the best bang - for - your - buck, or Return on Investment, known as R.O.I. Some of the factors to consider include whether the work is necessary, structural, or our individual financial/economic situation, and how long we plan to remain in this home.
- Kitchens: One of the most often, altered areas, of a house, is the kitchen. Other than our bedrooms this is often the area with the greatest usage. Nearly every new homeowner has specific ideas and preferences, in terms of priorities. It is possible to expand, and what, one does, is an individual decision, which has ramifications, etc. While the return on this investment, is not close to 100%, if the focus is on making it more usable, to fit specific needs, and one plans to stay there for a significant period each individual should seriously consider the best personal way to proceed. Will this project be a cosmetic modification or a complete overhaul? How long will you remain in the house?
- Bathrooms: Bathrooms can be updated, upgraded, or completely redone! Obviously, there is a significant difference in the costs involved. Factors to consider should include needs, preferences, and costs. Unless one plans to remain in the house, for a period of time, it's important to proceed, in a reasonable manner.
- Cosmetic changes: Painting and refreshing the look and appearance generally return a reasonable rate, but doing so in an excessive way, does not! When a potential home buyer looks at a house, these minor changes, often create the type of positive, first impression for the better which has a significant return.
- Grounds: One must decide how much, and what projects to pursue, in terms of the grounds, of a property. Adding color and mowing the lawn, etc, make a home more attractive and welcoming, while major projects, rarely provide the return on investment, but often make a homeowner proud and happy.
- Other area/ considerations: Whether you should install extensive interior work, such as expensive, crown - moldings, etc, often depends on whether the objective is personal satisfaction or investment related.
There are many considerations, whether you should pursue certain renovation services and projects, and the prospective financial implications/ ramifications. Understanding and considering your home maintenance options helps make the wisest personal decisions.