atlanta renovations

To Renovate or Not to Renovate – That’s Not the Only Question

To Renovate or Not to Renovate – That’s Not the Only Question

To Renovate or Not to Renovate?  It’s a question countless homeowners have asked themselves over the years. Another question they ask themselves… WHICH space(s) should I renovate? In terms of older homes, all of the living spaces can begin to seem really outdated right around the same time. So, depending on your motivation to renovate – such as an upcoming move or a desire to add more space for a growing family – there are ways to determine the best renovations to pursue to fit your family’s needs and budget.

 

In May 2018, the National Association of Home Builders (NAHB) released figures for Improvements to Owner-Occupied Homes 2018 estimates by state – also known as renovations. In the state of Georgia alone, out of 2,370,584 owner-occupied homes, more than 680K were estimated to undergo improvements. That’s more than a quarter of all owner-occupied homes in the Peach State. The average cost was estimated to be $8,007/improvement. The total amount spent on renovations in the state of Georgia for 2018 was estimated to be 5,456,000,000. So, what do all of these numbers mean…? It means that home renovations are still a very viable way to increase the value and personal enjoyment of one’s home.

 

If renovating for personal enjoyment, you must weigh your options, determine a budget and decide the best changes to incorporate to fit the collective needs, tastes and personality of your family. If renovating to prep a home for resale, it’s wise to select those updates based on return-on-investment. According to the 2018 Remodeling Cost vs. Value Report for Atlanta, Georgia (www.costvsvalue.com), the top five performing projects with regard to costs recouped are:

  1. Garage Door Replacement – Cost recouped 110%
  2. Manufactured Stone Veneer – Cost recouped 109.8%
  3. Minor Kitchen Remodel (average job cost $21,230) – Cost recouped 91.6%
  4. Wood Deck Addition – Cost recouped 87.7%
  5. Siding Replacement – Cost recouped 87.2 %

Following closely behind are Upscale Grand Entrance, Composite Deck Addition, Universal Design Bathroom, Vinyl Window Replacement, Roofing Replacement, Wood Window Replacement, Bathroom Remodel (midrange), Major Kitchen Remodel (upscale), Entry Door Replacement, Master Suite Addition, Bathroom Addition (upscale), Bathroom Addition (midrange) and Bathroom Remodel (upscale) – all offering anywhere from 63.1% to 80% cost recouped.

 

Another question many homeowners ask themselves is WHO should I get to help me with my home renovation project. Whether seeking the best return-on-investment from a real estate standpoint or selecting more “fun” remodeling investments – such as the incorporation of a sprawling home theater with connecting game room, outdoor living space with swimming pool and fireplace, in-law suite with kitchen above a detached garage, finished basement with a full bar and additional bedroom(s) and so much more – Highlight Homes welcomes the chance to help you make it happen. To schedule a no obligation consultation regarding your upcoming remodeling project, contact us at 678-874-9234 or info@highlighthomesga.com. You can also elect to complete our convenient online contact form. To view our work and learn more about our other capabilities (we are one of Atlanta’s premier custom home builders!), we encourage you to visit www.highlighthomes.com.

 

Sources: NAHB – Improvements to Owner-Occupied Homes 2018 estimates by state

Remodeling Cost vs. Value Report 2018 © 2018 Hanley Wood Media Inc. Complete data from the Remodeling 2018 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.

Top Five Trends for Home Construction in 2018

Top Five Trends for Home Construction in 2018

Whether building your home from the ground up or reimagining your current home with some well-chosen renovation projects, it’s always a wise move to consider the latest trends in home construction. While timelessness NEVER goes out of style, in order to add to the wow factor or benefit from years of trial and error to find what works best – there’s a lot to be said for incorporating the latest looks and reaping the rewards from the most recent advances in home construction. While the trends abound from the interior to the exterior to the inner workings for 2018, here are just a few of our favorites from the team at Highlight Homes…

1)      Homes are Getting “Smarter”:  There is a growing trend toward “smart homes” in new home construction AND in renovations. Whether seeking an awesome security system, a way to control the A/C and electricity in your home with a touch of your mobile phone, a complete home sound system to fill each room with music or all of the above (and so much more), a Smart Home system is undoubtedly the way to go. To learn more about Smart Homes and how Highlight Homes can help, keep reading…

2)      Construction is Growing “Greener”:  If the environment is important to you and you hope to do your part to protect the planet, you’ll be pleased to learn that there are a number of ways to do just that when constructing a new home or incorporating a home renovation to your existing home. From using green home construction practices and incorporating low energy and water consumption elements such as energy-efficient appliances, Low-E windows and low flow toilets, you will be taking effective measures to limit your family’s carbon footprint. Keep reading to learn what else Highlight Homes does to take green construction to the next level…

3)      White is the New Black: For several years, crisp white kitchens have really made a comeback. What we’re witnessing lately is that trend spreading beyond the heart of the home to encompass other living spaces. White adds an air of tranquility and communicates CLEAN and REFRESHING. Mix it with Pantone’s Color of the Year for 2018 – Ultra-Violet – 18-3838 for an air of romance. All colors go beautifully with white if you’d like to add some color. And while we’re on the subject of color, be prepared to see lots of warm, rich colors in accents – from an accent wall to furniture. We’re also seeing a blend of both high contrast (a bold grey wall with pure white wainscoting) or tone-on-tone (where the wall and millwork are painted in the same exact hue) in living spaces – so go with whatever feels “right” to you!

4)      Industrial and Vintage Reign Supreme: From treated concrete floors and countertops to show-stopping industrial light fixtures and deep trough sinks, the “industrial age” rages on in interior design. We’re also seeing a mix of vintage finding its way back in. The vintage feel of subway tile, claw-footed tubs and romantic wallpaper prints are definitely making a very cool comeback.

5)      Textures Take Over the Interior: From highly textured wall treatments – like brick and reclaimed wood – to velvet furnishings and woven accent pieces, surfaces that have a visual and tactile interest are gaining favor among interior designers, home buyers and homeowners.

Long story short, 2018 is going to be a lot of fun! The race is on for the incorporation of technologically and environmentally cutting edge practices and elements paired with a throwback in design using clean colors, industrial and vintage components, and a variety of highly interesting walls and furnishings – making design, construction and the ultimate enjoyment of your new (or newly remodeled) home more rewarding than ever. Contact the talented team at Highlight Homes to help you incorporate any or all of the trends listed above in your custom home or whole home renovation in 2018. To get started, simply call us at 678-873-9234, email us at info@highlighthomesga.com or fill out our convenient online contact form and someone will be in touch with you shortly!  To learn more about Highlight Homes and view our online gallery of work, please visit www.highlighthomesga.com.