As house values continue to be unstable across much of the Tampa Bay area and loans continue to be hard to get, homeowners are finding themselves with fewer easy options for huge remodels. Homeowners are going after the projects that cost less at the beginning, capture practical savings or they do both and they hold their value if the homeowner sells in the future.
Rather than a massive kitchen or bath upgrade, the kind that see entire floor plans reworked, many homeowners are choosing to order modest improvements that build the long-term value of the home. Great examples include boosting the energy conservation with new appliances, and allowing the owners to quickly settle back into their Tampa home.
Two examples of recession proof projects that Tampa homeowners can consider include:
A kitchen remodel that makes sense:
If you are one of the people traveling the aisles of Ikea, lusting after a beautiful new kitchen, take heart because you can remodel that kitchen at a price that will not mortgage your future. To trim costs, you will want to work with a general contractor to work on projects that involve cosmetic improvements like replacing the faces and hardware on existing cabinets. Keeping existing cabinets will save you around 25% of the total cost of a kitchen remodel, while still giving you the immediate enjoyment of visible changes. The savings can become significantly greater if you remain within the existing footprint of your kitchen, making the changes much more of a “facelift.”
Scaling back a kitchen remodel can ultimately earn a Tampa homeowner back up to 80% of an investment, while still providing immediate practical payback.
A bathroom remodel that does not take months:
The Tampa bathroom can be much the same as a scaled-back Tampa kitchen remodel, with cabinets being kept and both refaced and provided new hardware. Counters can be topped with inexpensive stone, a new toilet can be installed, a new tile floor put in place and a fresh coat of paint can put a semi-gutted bathroom project on a good timeline and a fantastic budget.
Always remember that Rossi Construction, Inc. is available for your home remodeling projects, both large and of a smaller nature. Our expertise can add value to your house for decades.