Atlanta Georgia's Home Inspector

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Not All Renovations are Created Equal

I just read today that home owners in certain parts of the U.S. spent an estimated $1,400 each on renovations and remodels in 2013. The report, issued by the National Association of Home Builders, went on to state that those homes, on average, were built in the late 1960’s and 1970’s.   However, in Georgia, this average expenditure registered slightly higher at $1,648 per owner.

          This information made me wonder how many of these home owners hired professional contractors to help versus undertaking the task themselves. Sometimes, I see innovative remodels that make me scratch my head.  Take this remodel for example - new appliances and updated countertops with cabinetry. However, the lack of planning is evident as indicated in this photo.  

      Lack of planning

 

Other times, I see well planned and executed improvements such as this bathroom renovation.

 a well planned remodel

 

     I guess what I want to say is that if you are going to spend $14oo- $1600 on average, and in some cases much more to renovate your home - you may as well maximize your spending in order to get the most out of the investment in the long run.  Why install new appliances and cabinetry if you cannot access everything? Also, if and when the time comes to sell the property, you will want to ensure that the remodel makes sense. A bathroom with ample space and a combination of traditional as well as modern features will translate to more than one type of market segment.  

  This just goes to show that not all renovations are created equal. That just makes the home inspection process that much more interesting – and important!

 

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Comments

Hi David,

That's what they get for wanting to install that 25CFT frige.

In many cases one that big has to be factored in when building the home. Good find.

Have a great day in Atlanta.

Best, Clint McKie

Posted by Clint Mckie, Desert Sun Home, Comm. Inspection 1-575-706-5586 (Desert Sun Home, commercial Inspections) over 3 years ago

That number sure sounds inexpensive to me. The $1400 wouldn't get much work done anywhere.

Posted by Than Maynard, Broker - Licensed to List & Sell - 405-990-8862 (Coldwell Banker Heart of Oklahoma) over 3 years ago

Than, 

The figure is a median based on a total for the zip codes surveyed. The total for the zip codes surveyed was $1.9 million. The builders statisticians then used the total number of homes and came to an average amount.  I agree, most renovations cost much more. However, simple fixes may be that low. Especially if a DIY'er gets crafty with the duct tape! LOL

Posted by Atlanta's Home Inspector, David Lelak IHI Home Inspections, Experience the IHI Difference (IHI Home Inspections 404-788-2581) over 3 years ago

Clint,

This just shows a lack of planning. They spent alot of money on an appliance they wanted, but in turn they sacrificed cabinet and counter top space (that they also paid to have remodeled). AND yes, they spent over the $1600 averaged price (most likely on the refrigerator alone).

Posted by Atlanta's Home Inspector, David Lelak IHI Home Inspections, Experience the IHI Difference (IHI Home Inspections 404-788-2581) over 3 years ago

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