Homeowners can get repair and improvement grants from the Housing Executive in certain circumstances. Finishing a basement is the most common way to add usable square footage to a home. Most homeowners spend between about $10,000 and roughly $27,000 converting a basement, depending on the size of the space, according to estimates from HomeAdvisor , a website that connects homeowners with prescreened service professionals. Attic conversions are another option. The average attic remodel in 2014 cost $50,000.
major renovations and additions — talk to friends who have renovated or phone some builders to get a range of costs per square metre. Luckily, you don’t have to spend your entire savings—and every weekend from here to eternity—to keep your house up to date. We found a slew of smart projects that are relatively simple, will cost you no more than $500, and will be catnip to future buyers—or just make your everyday life a bit brighter.
That will be a selling point with buyers, though replacing every window in a home costs anywhere from $8,000 to $24,000, so you probably won’t recoup the entire investment if you plan to sell right away. From data compiled from over 2 million users’ search behaviour and project posts, , a site that helps homeowners find and rate home reno contractors, found that homeowners consistently set unrealistically low budgets for a few of the most popular renovation projects.
If it’s time to replace that dingy 1970s-era mantel, choose one with enough depth to let you display pictures or other decorations. If you buy a ready-made mantel, don’t be afraid to paint it or add moldings. For example, when I do a renovation job locally, it benefits one household whereas if we continue to create how-to DIY videos for the world, we can empower so many more people, and save them money while doing so.
The more the merrier is certainly the case when it comes to extra bedrooms – providing they are of a reasonable size. If you are going to the bother, you might also consider adding an en-suite. Buyers now demand more bathrooms. You can apply individually or jointly for Home Improvement Loans. All owners of the property will have to be co-applicants. However, all co-applicants need not be co-owners. Generally co-applicants are close family members.