Breaking Down Spring Home Project Costs
Before you grab your toolkit or enlist the help of a professional for spring projects this season, do your wallet a favor and conduct some research.
HomeAdvisor's most recent True Cost Report found that 38 percent of homeowners don't know how much it will cost to hire a professional for home projects, and nearly 70 percent are concerned about overpaying as a consequence of not having reliable cost information.
If you've got any of these projects on the agenda this spring, keep in mind these tips.
Repairing the roof: Maintaining the roof protects a home from the elements and can raise property values. Small repairs keep a roof in good shape for several years and help avoid costly damages. Most homeowners assume repairing a roof can be costly. In fact, the average roof fix only costs $550, according to the True Cost Report.
Remodeling a kitchen: Kitchen remodels boost a home's resale value and add functionality to the most utilized space in a home. Many factors go into remodeling a kitchen, including flooring, plumbing, appliances and electrical, so bear in mind these additional costs when budgeting.
Remodeling a bathroom: Homeowners can choose from different types of bathroom remodels, depending on style preferences and budget. The average cost of remodeling a bathroom is $9,000, says HomeAdvisor.
Painting the home's exterior: Painting the home's exterior not only boosts its curb appeal, but it also acts as a home's primary defense against weather, insects, and other damage. Consider your region's climate before selecting a color and/or finish.
Installing landscaping: Landscaping can dramatically change the look of a house and property. Adding landscaping such as an outdoor patio, flowers or shrubs can increase the value of a home. The True Cost Report points to an average cost of $2,938 for landscaping.
Source: HomeAdvisor Reprinted with permission from RISMedia. ©2015. All rights reserved.