Why You Should Consider Custom Home Renovations: An Overview

When your Home doesn’t function how you want it to, it can be extremely frustrating. The Home you once bought, which seemed perfect then, might not be the case anymore. It can be due to a lack of space or your old kitchen and bathroom have finally started showing their age. Now, this whole scenario can lead you to make several choices. 

Your first obvious thought will be buying a new home that will have everything you need in your new Home. Or, you may consider building a custom home under your supervision to achieve that perfect Home you’ve always dreamt of. But, as humans, we build attachments to things we care about, and our Home is no exception. If you love your neighborhood, Home, and location, you may want to look for a better alternative than building a new home.

However, you may ask, can I make the changes I want in my existing Home? Well, the answer is yes, as you have custom home renovation services that help you achieve your dream home without spending on custom homes. But what exactly are custom home renovations, and are they a better alternative to custom homes? Let My Prestigious Home help you answer all these questions so you know you’re spending your money on the right thing.

What Are Custom Home Renovations?

Now, when we say custom home renovation, we are not talking about building your house from scratch. What we meant is giving your home a complete makeover. Home renovations include several things, such as updating your existing home interior and exterior and adding new home additions per the project requirement and your demands. So, you may say it sounds like building a custom home; however, all the changes are done using your Home’s current footprint.

So, with custom home remodeling or renovation, you get a new home at a much lesser cost than a custom home. Having an expert opinion before performing any renovation in your household is highly recommended. With home renovation contractors such as My Prestigious Home, you’ll be easily able to make decisions about your home design as well as aesthetics. 

Furthermore, professional renovators can also help make choices about environmental impact, building materials, and energy efficiency. Considering all such factors under expert supervision will help you achieve a better custom-renovated home with all the new fixes that your old house didn’t have. Undoubtedly, a custom home renovation is not for everyone. This is especially true when you have a bigger budget and want to move to a better location. However, if you love your current house and making small changes in a budget-friendly manner is enough for you, in that case, home renovation is your best bet.

Custom Home Renovations Vs. Building A Custom Home

We have both types of readers here; some are unsure about custom home renovations. Others are debating whether to go for a custom home renovation or a custom home. Well, don’t worry, let’s try to understand both of them and see which one is better suitable for you.

Defining Custom Home Renovations

We can’t deny the fact that building a custom home requires a lot of consideration. Firstly, there is the cost of building a home, which is in no way cheap. On average, building a 2,000-square-foot home can cost you around $370,000 in Ontario. In addition, you’ll have to give your time as you want to ensure everything goes according to your plan. The entire process can be physically and mentally exhausting, and a lot of planning is involved.

Now, if you plan to customize and renovate your existing Home, you’ll have to consider your budget and return on investment. Home renovations are certainly for those who love their present residing location, thanks to the many good memories they have built there. Suppose some updating and spending makes your Home a better living space for your family. In that case, there is no reason you wouldn’t consider custom home renovation over building a new house.

Also, a custom home renovation saves you from all the hustle and bustle you must go through to find scarce land in a new and suitable neighborhood. Furthermore, if you don’t have enough time or a family member who can look at all the construction work for a new home, it would be highly suitable for you to go for a home makeover. Constructing a new home demands your time, money, and effort. If you lack any of these things, you better drop the idea of building a new custom home.

Defining Custom Homes

Building a custom home completely from scratch is a completely new experience. You’ll have to look for suitable land, contractors, and materials and consider several new things to start with. Also, as we are discussing return on investment, we’ll need to consider the higher resale value aspect. Undoubtedly, with all the new systems and materials, you’ll get a higher resale value than a renovated home.

Also, with a custom home, you can plan what you want where in your Home without facing any restrictions such as building footprint, which is common in home renovations. Building a new home gives you a lot of freedom on how you want things to run. Whether you need a room for kids, a relaxing space, or an entertainment zone, all such things are achievable with a custom home. So, if you have a big budget and your current Home cannot match your needs, you can consider constructing a new home.

Both home renovation and custom homes have some perks and downsides. However, you can decide better by considering your needs and requirements and talking with a professional home renovation company like My Prestigious Home. But, one thing you should avoid in home renovation is over-building for the market.

Mind The Budget For Custom Home Renovation

Custom renovations allow you to add and make as many changes as you want in your existing home, considering it is under the home footprint scope. However, remember to monitor the costs of all these changes.

Even if you spend big, remember that the in-future value of other homes in your neighborhood might not support this cost. Your expense versus the return on the investment might not match the economic value of a custom home. If you go for extensive renovation, you may even cross the cost of constructing a new home in your current location. Therefore, you should plan your custom home renovations by talking to professional home renovators. This way, you’ll get everything under budget without overspending.

Also Read: Basement Renovations In 2023: Ideas, Cost, And Considerations

Why A Custom Home Renovation Is The Way To Go: Understanding Its Benefits

So, now you have a glimpse of how a custom home renovation differs from building a new home and which service is better suitable for what person. If you think home renovation is for you, this section is especially for you. Here, we’ll discuss some major benefits of home renovations, so you know you’ve made the right choice by choosing it over a new home construction.

Let’s check out the benefits you can experience by working with professional custom home renovation contractors:

There Will Be No Compromise In Quality

Whether building a custom home or making new changes in your existing Home, you don’t want to compromise on quality. One of the best things about working with custom home renovators is that they focus on quality while updating your space. Experienced home renovators like My Prestigious Home assure you that quality will be matched throughout the renovation.

Also, another great thing about working with home renovators is that they already have pre-established connections that help them build a team of the best designers, architects, and subcontractors. Quality is one of the most vital aspects of home renovations. Hence, you should only go for trustworthy home renovators that guarantee quality.

They Help You Avoid Unnecessary Legal Complications

When renovating your Home, you might require a license to perform the changes. If you don’t have the right licensing, you can get fined by the concerned authorities. However, working with professional custom builders can save you from all this trouble. They can deal with all types of legal complications that are commonly faced by homeowners when renovating a home.

Furthermore, working with a home renovation company also comes with other benefits. These professionals are fully aware of regional and national laws and know what building and renovating laws must be followed. Also, they help you obtain permits and fulfill any other considerations that must be met while renovating a home.

You Only Get The Best Materials For The Job

Your team of custom home renovators will be with you on every step while planning for renovations. With them on your side, you can work on ideas as well as how to execute them professionally while agreeing with what seems possible and disagreeing with what seems not. And the best thing in all this is these custom renovators will bring you the materials required to turn these ideas into reality.

While the custom home renovation isn’t like constructing a home, there is still a need for materials, accounting, and people who can manage these materials beforehand. Home renovators allow you to get your hand on top-quality materials in the market. 

However, you also have a crucial role in this entire renovation process. You’ll have to make your renovation company know about your goals and requirements and specify them properly. This way, your renovation partner can work effectively to find the best materials for the job, prioritizing your needs. Furthermore, talk with a professional home renovator team. You may even get some amazing ideas about materials and other things. This will be only possible if you collaborate with the right custom home renovation company like My Prestigious Home.

You’ll Have A Partner With Extensive Knowledge Of Renovations

Well, when you go for a custom home renovation, you at least have some ideas about how you want things to go. You may already have a plan created, including how you want your floors to look and your interior and exterior. While on the other hand, you may have found some home renovation ideas online which you can show your contractors so they know exactly what you want.

This is actually what custom home renovations are all about. Your Home’s footprint may restrict some of your ideas, but mostly you’ll get what you want with these renovations. Your home renovators will have the knowledge, resources, and contacts that will help bring these ideas to life.

How Much Do Custom Home Renovations Cost On Average In Ontario, CA?

Talking about what a custom home renovation is and its benefits, now comes the part where we’ll discuss the cost of performing these renovations. As you may have guessed, the cost of renovations will vary. This is based on whether you want to renovate your house at a high or low scale. 

Other than that, your home size and age are also considered while calculating the total cost of home renovations. Depending on these factors, let’s take a look at the average costs of home renovations based on the scale of the project:

Conclusion

Custom home renovations are an affordable alternative to custom homes. If you have a limited budget or love your old Home and neighborhood, renovating your Home is your best bet. On average, a low-scale home renovation can cost around $15,000-$40,000, significantly less than building a custom home from scratch. So, expand your home space and give it a complete makeover by contacting a professional home renovation company today!

My Prestigious Home offers complete home renovation services, ranging from small repairs to major remodeling and performing structural changes. Our team uses the latest tools to upgrade your Home how you want. We keep your needs in mind while performing renovations to give you the best experience. Also, we ensure not to cross the budget you’ve set and give you the possible best out of that set budget.      

So, for any custom home renovation query, contact us at 

Phone: 416-825-8555

Email: info@myprestigioushome.com