Improving the living space for your family is only a part of the reason to start a home renovation project. The other is the ability to sell your home for top market value.
Consider who would be buying your home. It may very well be a young couple with a growing family. Today that generation is referred to as the Millennials. The Millennial generation is developing into a powerful economic force and is said to be larger than the Baby Boomers. Millennials are, in general, about the age of 18 to 34.
One clue may be in a survey called the Homeowner Sentiment Survey 2016 from Berkshire Hathaway Home Services. That survey stated “Besides saving for a down payment, 37% of millennial renters indicated they are interested in buying only when they’re ready to afford their dream home, signaling that they find the concept of a “starter home” less desirable than previous generations.”
So, Millennials seem to be willing to rent until they find the home that suits their family’s present and growing needs.
These young first home buyers should be considered when planning a home renovation. Keeping your home modern will provide your family more pleasant and functional living space. And it will also give you the opportunity to get top dollar if and when you sell the home. The reason is because Millennials want move-in ready homes. They are not the type, in general, to be interested in a home that will require them to invest time and money to make it functional for their modern family.
Contact a professional
At Veri Construction, we understand how to use a limited budget to ensure the family living space is improved, while adding resale value to your home.
We have our own showroom at Veri Construction. We are able to show you customized options specific to your situation. We work with clients and subcontractors, while utilizing state of the art 3-D computer generating drawings along with architectural plans for successful project delivery. We can help you get on your way to a newly renovated home.