When it comes to home remodeling projects how is “value” defined? First we must start with what is valuable or important to the individual family. In the opinion of the Design Build Pros, this trumps all other factors including resale value, equity, the neighborhood demographic. That is why we always start each initial meeting with a series of Project Profile questions that have nothing to do with construction. Topics include kids, pets, school, careers, travel…etc. The pros and cons of “moving versus improving” are also discussed up front. Then the other factors and actual construction are considered.
Planning and buying a home improvement project is often a unique, first time purchase for a homeowner. Often, they have no history or buying experience to rely upon regarding decision making. People are more likely to purchase more homes in their lifetime than major design build remodeling projects such as additions, add-a-levels, bedroom suites, full kitchen and bathroom renovations. Magazines, the internet, and home improvement television shows fuel the ideas and fantasies of what people want for their home. Daily life provides the ideas of what they need. Now, how does one obtain these wants and needs with value and as a prudent investment? (more…)