Remodeling
A home remodel is typically used interchangeably with home renovation, but the two terms are slightly different. A home remodel is when you’re changing the form of something or creating something new. Real Simple’s example of a home remodel is if you were to add a shower to an existing bathroom.
Other examples include:
- Installing an island in your kitchen.
- Opening up your living room, dining room, and kitchen to create an open layout.
- Adding on a sunroom to the back of your home.
When to Undergo a Home Remodel?
When considering whether to undergo a home remodel or not, you’ll probably use the same thought process as a home renovation. It makes sense to remodel your home if you want to add additional functionality, space, and value. Most homeowners focus on remodeling of a bathroom, kitchen, and bedroom. Why? Cause not only are these rooms fun to personalize but, updated with key elements in mind can add loads of value to your home if you ever decide to sell in the future.
Flip Over
Unlike renovations and remodeling, flipping a home is where you buy a home at a lower price, update the interior on a surface level (or cosmetic level), and then re-list the home at a higher price point. You’re probably more familiar with flipping because of shows like Flip or Flop.
When flipping a home, most ‘flippers’ don’t completely gut a home and make major structural changes. It can be more of a remodel, but sometimes they can involve restoration elements. For example, flooring, built-in bookcases, countertops and more can all be restored.
When to Flip A Home?
If you’re thinking about flipping a home, we recommend learning as much as you can about the process before buying a property yourself.
Whether you decide to renovate, remodel, or flip a home, there are a lot of choices you have to make to turn your project into a home sweet home success! Need some inspiration? Get in touch with our home experts today!