As 2021 winds down and 2022 is just around the corner, it is time to think about all the home improvement projects you want to get done in 2022. Whether your kid needs a makeover for their bedroom because they have outgrown the current space or this is the year you are going to create that backyard oasis, now is the time to start planning. Early planning will give you a better chance to take that to-do list and turn it into a list of accomplishments.
Budget Comes First
In lieu of potentially hitting the lottery, you likely already know what your budget will look like for 2022 and what you can contribute to some home improvement projects. One of the great things about pre-planning and creating a list of home improvements for 2022 is creating a realistic budget.
How much can you dedicate to that playroom for your children? How much landscaping budget do you have? Starting to plan now and think about where you want to put your home improvement investment can keep you on track and help you to decide whether the kid needs the space more than you need an outdoor oasis. Decision-making is easier when you are not looking at starting the project next weekend.
Of course, planning now, means you can start tucking money away now for those springtime and summer projects. You can wind up with a nice cushion of cash for your home improvement instead of tapping into credit.
What Are Your Priorities for 2022?
If one of your major priorities for 2022 is to get energy costs under control then you should be thinking about retrofitting insulation, and potentially alternative energy options like solar panels. Since 2010, the cost of solar panels has dropped in cost by 60%, and that is not the only drop in costs for solar systems. Overall, the cost of solar systems has dropped by about 50%. In other words, going solar is more affordable now than it was a decade ago.
Checking in with your priorities for 2022 is a great place to start planning for your 2022 home improvements. How can you improve your home in support of other goals like saving on costs?
First Things First
In some cases, the home’s systems will make the decisions for you when it comes to which home improvements you have on the list. For example, a troublesome roof may need to be replaced before the kid gets that playroom.
Metal roofs are becoming very popular. They literally can last a lifetime. About 75% of homes in the United States have asphalt roofs but many homeowners are switching to longer-lasting metal roofing. However, metal roofing will tally up the cost higher than an asphalt roof will.
Whatever necessary home improvements that are unique to your home will have to be planned for first. Consider this, if the roof is not protecting your home as it should, does any other home improvement make sense? It can be hard to tell the kid they have to wait until the fall to get that playroom or upgraded bedroom, but it is a decision that has to be made.
Flooring is A Popular Home Improvement Project
Upgrading your floors will add instant value to your home and make it a much nicer place to be. Upgrading flooring is a very popular home improvement choice. As a matter of fact, in 2019, about 1.58 million square feet of hardwood flooring alone were sold.
Replacing old flooring comes with a 16% ROI. That is a nice return on your investment and, of course, it also delivers a return on investment for your lifestyle.
Make 2022 the year you can mark off all your home improvement projects that you have been putting off. Get the calendar out and start filling in the months with projected home improvement plans that have been sitting on the back burner, and add a few new ideas while you are at it.