Remodeling your home after retirement
If there’s a good chance you’ll move, then remodeling projects that will have the best return on investment are going to be your priority. If, on the other hand, you plan to remain in your home for the remainder of your life, then property value is of less importance and making sure your home can meet your future needs becomes your top priority. Here are some things to consider.
If you plan to sell
Whether you’ve got your sights set on a warmer climate, or your current home has too many stairs, if you plan on moving eventually but still want to remodel now, then you need to be aware of which remodeling projects will be the best investments. The kitchen is the most important room when it comes to selling a home and it is the most often remodeled room. Many homeowners think that their best bet to recouping costs is to go all out with a luxurious, full-scale kitchen remodel. In actuality, this kind of remodel tends to be a poor investment. Usually a minor kitchen remodel that simply updates the kitchen a little usually has the highest return on investment. Bathroom remodels are also a safe bet, although once again, you don’t want to go overboard with a luxurious bathroom remodel. Consult with realtors and professional remodelers to find out which projects would be best.
If you plan to age in place
If you’re planning on staying right where you are, then you need to make sure that your home has everything you need to make life comfortable as you grow older. A good idea is to sit down and really think about what your future needs will be. Here are just a few home improvement projects you’ll want to consider
· Lighting from multiple sources. It may not seem that important but when you’re less steady on your feet or have a harder time getting around, you’ll want to make sure that you have plenty of light sources so that you have options when you’re in need of some light.
· Door handles rather than knobs. Again, it might seem like a small thing but door handles are usually easier to grip and open than door knobs.
· Comfort height toilet. If the toilets in your home are closer to the floor, they can be very difficult to get on and off of as you grow older. Replacing your toilets with comfort height ones can make a big difference.
· Grab bars for the tub/shower. A slippery tub/shower is dangerous enough when you’re young, but it can be disastrous as you grow older. Have grab bars installed to give yourself peace of mind.
· A walk-in shower. The day might come when you find it too difficult to step over the edge of the tub to take a shower. If you don’t already have a walk-in shower, this is a must if you plan to remain in when you’re young, but it can be disastrous as you grow older. Have grab bars installed to give yourself peace of mind.
· A walk-in shower. The day might come when you find it too difficult to step over the edge of the tub to take a shower. remodeling