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Updated almost 9 years ago on . Most recent reply
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Proper Renovation of a Home
Hello,
I wanted to know when I renovate a home what are the best ways to add its value?
What are the main places to renovate?
What are the best materials and appliances to renovate (kitchen, bathroom, bedroom, basement etc.) that are durable and cost effective?
What sites or books can give me detailed information.
Also what is the best way to furnished a home for a profit?
Most Popular Reply
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j scott wrote 2 books on this topic that are available through bigger pockets.
As far as what to renovate it totally depends on the house... We've bought a lot of dated houses so we do almost everything from the roof to the kitchens and bathrooms, to the landscaping.
Every house is going to be a slightly different rehab and some houses will be very involved and some will be very simple. Kitchens and bathrooms are extremely important but if you find a reo or a house with a great new bathroom or cabinets it may not be cost effective to replace them. Same goes for a roof... if the house has a newer roof great, if its on its way out, replace it... People are skeptical when they are looking at purchasing a rehab so it's a fine balance of not skimping out and not overspending.