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We often hear that you can have either time or money, but never both. That saying may be true, but it doesn’t mean we can’t challenge it.
Let’s say you have a home office, maybe in the basement. If you remodel it to include meeting space, you save time by not having to go to a coffee shop or boardroom. The money saved? Depending on your situation, there may be tax opportunities. Self-employed homeowners who use a dedicated space regularly and exclusively for business may qualify for the IRS home office deduction. This is just one scenario where you can save both time and money on a remodel. Let’s take a look at a few more.
Beyond Return on Investment: Value You Can’t Put a Price On
ROI, or return on investment, is generally a monetary concept. You invest in home improvement projects, and your home value increases. While that is often true, and online calculators can even estimate ROI based on your renovation costs, what if there were another way to quantify value? As a second-generation family business, we can think of at least one key performance indicator of value, and yes, it’s family.
Maybe you have dreamed of hosting your entire family (yes, all of them) for Thanksgiving dinner, but your kitchen is awkward, and your dining room is too small. While we can’t easily add more square footage to your home, we can design a kitchen remodel that gives you the countertop space you need to cook your grandma’s famous sweet potato hot dish, while the rest of the family catches up around your dining room table.
No matter how you quantify your total dollar investment, improved quality of life, more family spaces, and less stress fall into a category we can confidently call priceless.
What If You Are Remodeling to Sell?
Just imagine how great your new kitchen, bathroom, or basement will look during the walk-through. Many home improvements can increase your home’s resale value, and the best part is that you can fully enjoy them until it’s time to sell. Now that’s a win-win.
You can customize every renovation project to your family’s lifestyle. However, if you’re remodeling with the intention of selling, we recommend keeping these choices more universal. We’re not saying keep them beige (no offense to beige), but neutral colors appeal to more buyers. You may want to save your more colorful inspirations (like a Star Wars-themed bathroom) for the next home. We all love the classics, but trust us, you’ll thank us later.
Home Improvements That Keep Paying You Back
Minnesota winters have a way of showing up on your heating bill. Drafty windows let warm air escape, and your furnace runs overtime to keep up. That’s where energy efficiency enters the ROI conversation.
Window replacement is one of the most noticeable upgrades for energy savings. Well-sealed windows help retain heat in winter and keep summer sun from overworking your air conditioner. New windows also boost your home’s curb appeal. Pair them with a smart thermostat for even more control over your home’s energy use. If your current windows still have plenty of life left, we’ll let you know.
Another easy ROI on home renovations is addressing attic insulation; there’s a saying we won’t challenge: “heat rises.” And an attic that needs attention can increase winter heating bills and cause roofing problems like ice dams.
Now, let’s look at some home improvements that boost comfort in other ways.
Ready to Remodel Your Basement?
Our basement services start with framing that establishes the structure and layout of your finished space, then continue through drywall and flooring. Adding a bathroom to your finished basement? We provide complete basement bathroom finishing services, including framing, plumbing, drywall, tiling, and fixture installation. We can even build a wet bar for after-work happy hours.
Check out a few of our recent basement remodels for inspiration.
Make Your Kitchen Your New Favorite Room
From custom cabinetry to modern countertops, we’ll help you select and install pieces that complement your space. Need to relocate a sink or dishwasher, or add a kitchen island with plumbing? We handle all pipe rerouting and fixture installations, from minor kitchen remodels to full-scale redesigns. Here’s a recent kitchen remodel for ideas on designing your new space.
Your Dream Bathroom
Plumbing is the foundation of most bathroom remodels. Our licensed professionals install your plumbing safely and in code compliance. Updating outdated pipes during a remodel can also help you avoid larger repair bills later. From freestanding tubs to custom tile showers and modern walk-ins, we install high-quality units that enhance comfort and functionality for bathroom upgrades of any size. Always wanted a spa-like bathroom? Let’s build it.
A Legacy of Remodeling in the Twin Cities
Homeowners are spending more time at home than ever before. Kitchens are gathering spaces, and many basements have become home offices and more. If you are thinking about home renovations, call the local contractors you can trust.
If you’re ready to transform your kitchen, bathroom, or basement into a space that truly works for your family, our team at Legacy Construction is here to help. We specialize in home remodels and renovations that help homeowners turn their house into the home they’ve always wanted.
Ready to explore your options? Contact us for a free consultation.
