Anyone who has ever inherited a house knows that wrapping your head around a completely unfamiliar property is overwhelming at best. But once it at least starts to feel familiar, next comes the question of how to make it feel both familiar and comfortable.
If you have recently inherited a house that needs work, we’re here for you. These are the tips and tricks you need to make your new home feel as great as it looks.
What Happens When You Inherit a House?
Inheriting a house from parents or other relatives can be creatively inspiring. But before you pick up the proverbial hammer, it’s best to engage with a home inspector. Relying on a home inspector is a smart first move to know what you’re dealing with in your new home.
A good, licensed professional will be able to point out structural issues or problems that might warrant your attention. They can also offer recommendations for smart and code-worthy alterations that might be made.
Just remember, a house inspector is there to ensure the property is safe to live in. They likely aren’t going to give you aesthetic opinions or suggest floorplan changes.
How to Determine If a House is Worth Renovating
Next, you’ll want to do some due diligence to figure out the value of your new property. These insights are invaluable as you investigate how to know if a house is worth renovating.
Look at other recently sold properties in your immediate area that are comparable. Facets that will help you determine what is relevant could include square footage, the age of the home, and more.
Each of these metrics, when taken in aggregate, can give you a rough estimate of what your inherited home might be worth. This will be helpful if you decide to sell the property.
Although some would say any piece of property is a good investment, obviously, some houses are worth more than others. And it likely goes without saying that the more valuable your house, the more worth its renovation may be.
When Should You Not Renovate a House?
If your inherited house isn’t livable, lacks good comps, or simply isn’t to your taste, it’s not a great candidate for renovation. However, you’ll find most properties don’t fall under these categories, so you’re probably safe to move ahead.
How to Find the Right Remodeling Expert
If you deem your new home worthy of a remodel, it’s time to roll up your sleeves and find a partner you can trust. After all, your inherited house can only increase in value should you give it the right steward during renovation.
We recommend working with a home renovation and design expert who understands your style of home. We also recommend they have multiple years of experience and a book of completed projects to show for themselves.
Ask questions about their approach. Understand their process. Every answer is one step closer to knowing exactly the kind of renovation they may deliver. And honestly, you shouldn’t settle for anything less than the best.
Discover the Lars Difference
As San Diego’s leading design build company, Lars Remodeling & Design brings decades of expertise to every project. Our collaborative approach and focus on customer service means we can deliver award-winning designs with pride.
With expertise in design, build, and appliance and plumbing distribution, we do it all. Every aspect of your home renovation is handled with care and professionalism. Work with us, and you’ll enjoy collaboration without the headaches of a traditional contractor.
Ready to start the renovation? Check out our whole house remodeling services!
