According to Statista, Americans spent roughly $418 billion on home improvements in the third quarter of 2022, highlighting the growing significance of remodeling projects.
In Memphis, the real estate market has been steadily growing, with home values increasing by 22.1 over the past year. Whether you’re looking to increase the value of your home or want to update its look and feel, remodeling can be an excellent investment. In this blog, we’ll provide some tips and advice on remodeling your home in Memphis. Here’s what you need to know:
1. Plan for storage
When remodeling your home, it’s crucial to think about storage solutions that will help you keep your home organized and functional. Use your home remodeling project as an excuse to manage your clutter and sort your belongings. You can keep things you don’t frequently use in a storage unit.
The self-storage industry in Memphis has increased by 7.3% compared to the previous year. Memphis has 92 self-storage facilities and approximately 5,872 units. In Memphis storage units also come in a variety of sizes and with additional features such as climate control, drive-up access, and 24-hour security to ensure the security and privacy of your belongings.
2. Consider the climate
Because of its subtropical climate, Memphis experiences hot, humid summers and mild winters. Hence, keeping the climate in mind when choosing materials and designs for your renovation is essential. For example, selecting materials that can withstand high humidity and heat, such as tile or concrete flooring, can ensure your renovation lasts longer. Additionally, considering energy-efficient upgrades, such as insulation and efficient HVAC systems, can help keep your home comfortable while reducing energy costs.
3. Keep the historical character
Memphis has a rich history, and many homes boast unique architectural features and design elements that reflect this heritage. By keeping these historical characteristics in mind during the renovation process, you can ensure your home remains true to its roots and retains its unique charm and character. Whether preserving original hardwood floors, restoring antique fixtures, or maintaining the home’s overall aesthetic, paying attention to the historical details can help you create a beautiful space honoring the rich history of Memphis and the surrounding area.
4. Consider outdoor living spaces
With the city’s warm and sunny weather, an outdoor living space can be an excellent way to extend your living area and make the most of your property. You can turn a small balcony or a large backyard into a cozy and efficient space for relaxing, entertaining, or cooking. Some ideas for outdoor living spaces include adding a patio or deck, installing an outdoor kitchen or grill, creating a cozy seating area with comfortable chairs and cushions, or adding a fire pit for cold winter nights. You can also incorporate landscaping and other elements to enhance your outdoor space’s look and feel.
5. Use neutral colors
Neutral colors like white, beige, and grey are timeless and versatile, providing a clean and sophisticated look that can complement any style or decor. These colors also help to create a sense of balance and harmony in your home, allowing other design elements to shine. Additionally, neutral colors can make your home feel more spacious and airy, which can be especially beneficial for smaller rooms. You can create an open and friendly atmosphere that will appeal to potential buyers if you decide to sell your home by incorporating neutral colors into your remodeling plans.
6. Upgrade your lighting
By replacing outdated fixtures with modern, energy-efficient lighting, you can create a brighter, more inviting atmosphere in your home. You can also customize your lighting to suit your specific needs, whether you want to highlight a piece of artwork, create a cozy ambiance in your living room, or brighten up your kitchen for cooking. With many options available, from recessed lighting to pendant lights to smart lighting systems, you will find the perfect lighting solution to enhance your home’s aesthetic and functionality.
7. Experiment with shapes
The shapes of your furniture, decor, and even the layout of your rooms can significantly impact your home’s overall aesthetic and functionality. Incorporate different shapes and styles, such as rounded edges, hexagonal patterns, or asymmetrical designs, to add visual interest and variety to your space. Additionally, playing with shapes can help you optimize the flow and function of your rooms, creating a more efficient and enjoyable living environment.
8. Don’t overspend
It’s possible to get carried away with expensive products, appliances, and finishes, but you don’t want to end up with remodeling costs that are out of your price range. Start by creating a detailed budget and sticking to it throughout the remodeling process. Consider less expensive options that still look great, such as laminate flooring instead of hardwood or quartz instead of marble countertops. Remember that a bit of restraint can go a long way, and you’ll be happier with your home in the long run if you don’t overspend during the remodeling process.
9. Hire a reputable contractor
A reputable contractor from Memphis will have experience working with different remodeling projects and a track record of delivering quality work. They will also have the necessary licenses and insurance to protect you and your property in case of accidents or damages. You can ensure that your remodeling project is finished on schedule, within budget, and to your exact specifications by taking the time to research and hire a credible contractor in Memphis.
Remodeling your home in Memphis can be an exciting and satisfying experience, but it can also be overwhelming if not properly planned and executed. Establish a clear budget, hire reputable contractors from Memphis, select quality materials, and prioritize functional design to ensure a successful renovation. By adhering to the tips mentioned above, you can create a beautiful and functional living space that meets all of your requirements while also increasing the value of your home. Remember that planning ahead, focusing on details, and adapting to unexpected challenges are the keys to a successful remodel.