When should a homeowner choose between home renovation and home repairs? Although this might not be a very simple decision, it is not a tough one either. It simply takes an understanding of which of today’s home construction items are worth renovating and which ones are better off repaired. Especially if you’re thinking of selling your home, it’d really be of great help if you would be able to determine properly whether to repair or renovate it to get the most price in selling your home.
Allow us to start by explaining the distinction between renovation and repair. A renovation involves the removal of an existing or old feature and its replacement with a completely new one. For example, new windows & doors in replacement for old ones or a replacement water heater for an old water heater are both examples of renovations. A repair is the modification of an existing or old home feature to bring it back to its original performance level.
In many cases, home renovations are usually simpler. However, these simpler ways aren’t always as cost effective as the home repairs would be. For instance, if you replace a home feature that has lasted for thirty years with a newer model, that only has a life expectancy of 5 or 10 years, it certainly isn’t very cost effective. After all, you are only going to have to replace the same home feature in less than half the time that the original one existed.
Although this might not always be the case, several renovations involve replacing quality items with substandard ones. Let’s face it, few things are made with the same high standards of quality that were applied in the past. The desire to attain higher profits has changed all of that for many of today’s product, including home construction merchandise and materials.
This is not to mention that some things have not improved. In fact, advances in technology have led to many helpful and economical improvements in several facets of home construction merchandise including heating systems. Unfortunately, today’s “throw away” society has also led to a rise in disposable product built to last 5 or so years.
Determining when to repair or renovate involves the assessment of the project. Which strategy will really lead to an upgrade in efficiency and which one can only lead to an upgrade in appearance? Is fashion more important than energy efficiency? Will the existing feature perform well enough to merit its repair?
Should the homeowner base his decision on the merit of what the company’s representative says or should he do some analysis on his own instead? Let’s have a look at the simple truth that corporations are in the market to sell their products and services. What do you expect them to tell you? Do your own analysis into the merits of repair vs. renovation first. Once you have come to a decision as to repairing or renovating the feature, it’s time to listen to what the company’s representative has to say.
Another great article by Lakeview Village Calgary Homes This article, When To Repair And When To Renovate has free reprint rights.
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