You don't want to make the same mistakes as other homeowners when you remodel your attic. The first mistake when selecting the paint color is to make a wrong choice. You don't need to use the same color on the walls and ceiling, but if you choose the wrong one, you could end up with an unfinished room. The attic should be painted with light colors and protected by a primer. Make sure you properly prime your drywall before applying two coats of paint.
Once you have chosen the paint color, it is time to hang your drywall. Hang the drywall horizontally from exposed studs and secure it with drywall screws. To cover seams, you can use drywall glue. A drop ceiling can also be installed, if space is available. For a finished look, it's advisable to attach the shingles to your ceiling before installing the joists.
Finishing the attic is an excellent way to make the most of the extra space you have. It can be used as a guest room or nursery for your baby. You have to think outside of the box when personalizing your space. For example, if it's your bedroom, you'll want it to be personal, so you can choose your favorite colors. It should feel comfortable and familiar, but not too formal, if it is for guest rooms.
The finished attic is a great way to create extra living space. It may seem costly, but the added value you get from your attic will increase the property's value. If you decide to sell your home, a finished attic is a great way to add extra square footage. Converting your attic into valuable space will not cost you a lot. You can also do the work yourself if you're handy with tools.
A finished attic makes a great space for extra storage. You can make a space that is functional and comfortable for everyone by using the right materials. Your attic will be a place where your family can have fun with their favorite finishing touches. A ceiling fan is a great option for a dark attic. A skylight can add light to your room.
A finished attic can increase the value of your home by a lot of homeowners who don't know. It may be more expensive than you think, but the benefits are worth the extra money. You can add an entire new floor to your attic. This can increase the value of your home. This will make your home attractive to potential buyers. It is great for the planet.
FAQ
Is it cheaper to build a new house or remodel an old one?
There are two choices if you are thinking of building a new house. You can buy a pre-built house. This type of home is already built and ready to move in to. Another option is to build a custom home yourself. If you choose this option, you will need to hire someone to help you design your dream home.
How much time and effort you put into designing and planning your new home will determine the cost. A custom home may require more effort because you'll likely need to do most of the construction work yourself. But you can choose the materials you want and where you want them to be placed. It may be easier to find a contractor who is skilled in building custom homes.
A new home will usually be more expensive than a renovated home. Because you will need to pay more money for the land and any improvements made to the property, this is why a new home is usually more expensive. Permits and inspections are also required. On average, the price difference for a new or remodeled property is between $10,000 and $20,000
How important it is to be pre-approved for loans?
Pre-approval is crucial for getting a mortgage. It gives you an idea how much money it will cost. It can also help you determine your eligibility for a particular loan program.
How should house renovations be ordered?
First, decide where you want everything to go in your renovations. You should consider how you want to market your home to potential buyers if you are planning to sell your house soon. Next, think about how you want your living space, including the kitchen, bathroom and living room. Once you have determined which rooms you want, you need to begin looking for contractors that specialize in them. After you have hired a contractor to work on your project, it is time to get started.
Statistics
- Rather, allot 10% to 15% for a contingency fund to pay for unexpected construction issues. (kiplinger.com)
- Design-builders may ask for a down payment of up to 25% or 33% of the job cost, says the NARI. (kiplinger.com)
- Most lenders will lend you up to 75% or 80% of the appraised value of your home, but some will go higher. (kiplinger.com)
- On jumbo loans of more than $636,150, you'll be able to borrow up to 80% of the home's completed value. (kiplinger.com)
- A final payment of, say, 5% to 10% will be due when the space is livable and usable (your contract probably will say "substantial completion"). (kiplinger.com)
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How To
What amount should I spend to restore my old house?
The cost of renovating a home depends on how many rooms it is, what kind of renovations, where it is located, and whether the work will be done by professionals or you. Depending on the scope and size of the project, the average renovation cost is between $10,000 and $50,000.
If you're planning to sell your home after the renovation, you'll likely receive less than market value if you don't take into account the costs of repairs, upgrades, and improvements. You might even lose money if you put too little effort into making your home look its best before selling. If you put enough effort into making your home look great, it will increase the price you receive when you sell it.
Consider these factors to help you decide which project to tackle first.
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Your budget. Start small if budget is tight. For example, you can tackle one room at a time, such as painting walls or replacing flooring. For major renovations, you can either hire a contractor who specializes on kitchen remodeling or save money.
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Your priorities. Do you want to improve the overall condition of your home or just fix specific problems? You should not limit your efforts to one problem. Even minor problems can quickly add up. It is possible to end up replacing your roof sooner than anticipated if your roof leaks whenever it rains.
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Your timeline. You might prioritize projects that will not affect your home's resale price if you are considering buying another property. You wouldn't, for instance, want to put hardwood floors in your new house or change the bathroom fixtures if you plan to move next year. You might consider waiting until you sell your current home before making these updates.
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Your skills. If you do not possess the skills required to accomplish a particular project, hire someone else. If you are unable to carpenter custom cabinets, hiring a cabinet maker may be an option.