Whether your home is located in Anne Arundel County, Maryland, or Anywhere, USA, REALTORS agree that bathroom and kitchen updates will not only improve the salability of your home...  they will also give you the most bang for the buck.

According to the Cost vs. Value Report 2008, bathroom and kitchen renovations return more than 75 cents on the dollar.  But that's assuming you're paying their estimated price of nearly $16,000 for a mid-range bathroom and more than $56,000 for a mid-range kitchen.  If you're a do-it-yourselfer, the cost is simply the supplies needed to do the job.  Your investment will yield a huge profit.

Even if you hire a contractor to do the work, your cost can be substantially reduced if you shop wisely and provide the materials instead of paying retail.  Whether you're updating your home for resale or your own enjoyment, Habitat for Humanity Re-stores will save you a bundle of money. The resulting savings will increase your return and perhaps provide a nice profit when you sell your home.

Anne Arundel County Re-StoreYou probably already know that Habitat for Humanity promotes home ownership by building homes for eligible families.  The new homeowners work side by side with volunteers, using donated materials to build a new home on property that is donated or, in some cases, already owned by the new homeowner. 

But not all donated building materials are used for these homes - some are sold for profit in the Habitat for Humanity re-stores around the country.  In Anne Arundel County, Maryland, that store is Renovation Station on Fort Smallwood Road in Pasadena.


After a month of visits to Home Depot and Lowe's, we completed a list of preliminary selections and budget for our bathroom renovation:  vanity, lighting, fixtures, doors, flooring and finishing details like towel bars and door knobs.   Then we headed to Renovation Station, where we purchased nearly everything on our list for less than half of retail.  Everything was brand new and still in its original carton or packaging.

Venetian BlindsNo, we didn't have as wide a selection as we would at a big box store, but we found comparable products - and frankly, fewer selections made it easier to choose. 

Here are some examples:

Prehung door - $40 (we returned two purchased previously at Lowe's for $65 each)

30" wood vanity - $104 (same quality as those priced $260 and up at the box stores)

Granite counter top and sink - $60 (similar to those priced $199 at Home Depot or Lowe's)

Door knobs - $5 (same brand costs $15 at Home Depot)

They also had towel bars, lighting, toilets, tile, medicine cabinets, mirrors, and other items needed for any bath renovation.  We could have bought everything there, but we re-used faucets updated recently and I opted to use part of our savings for a mirror and towel bars from Pottery Barn - a splurge I otherwise might not have made.

 

kitchen faucetsWhat else do they have at re-stores?  Well, I just mentioned products for bathrooms but they have products for every room in your house - new, still in original cartons or packaging.  Above photo, for example, shows their Levolor blinds, and photo on the left shows the Glacier Bay kitchen faucets available at the Pasadena re-store.

Used items include furniture, accessories, cabinets, lighting, bath fixtures, doors, hardware...  If "retro" is what you're going for, you can probably find original fixtures in good condition at most re-stores.  In fact, someone told me about finding a unique door that fit her older home - a size and style she'd been unable to find anywhere else.

There's a story behind many of the products in the store, such as the vanity and top that we purchased.  They were donated by a contractor who had obtained them in quantity for a hotel renovation but had a few left over.

Anne Arundel County residents are fortunate to have several re-stores nearby (within an hour) in addition to the one in Pasadena - in Baltimore (2), Prince George's County, Montgomery County, and Washington County in Maryland, and Alexandria, Virginia.  If you don't find something you want in one location, you can check out another.  Each will have its own unique inventory, since they rely upon local donors.  But don't expect neatly arranged and organized displays like your neighborhood retail store have... remember, it's a mix of new and used items, and the store is maintained by a minimal staff of volunteers.  You may have to go "hunting" for stacks of brand new lighting fixtures in different areas of the store, for example - a small inconvenience for the huge price break.

To find out if there's a Habitat for Humanity Re-store in your area, just click on this link.  You can save a LOT of money on your home renovation.  That means a better return on your investment and hopefully a nice profit.

________________________________________________

 

Margaret Woda's blog footnoteMargaret Woda is a licensed Associate Broker sharing her professional real estate experience and expertise with buyers and sellers of residential real estate in the Washington, D.C. - Baltimore - Annapolis area including Anne Arundel, Howard and Prince George's Counties, Maryland.  If you enjoyed reading this post, check out Focus On Crofton and Your Online Relocation Package for Anne Arundel County.

 

Copyright 2009.  All rights reserved.

 

 

 

 


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11 Comments on Saving Money on Home Renovations is Easier Than You Think

MAR
31
584,585 Points 62 Featured Posts Outside Blog

Great advice Margaret, and from the surveys nationally that I have read, bathroom and kitchen remodeling updates DO hold the most for the dollar invested. Great article here!!

10:14am • #1
236,686 Points Outside Blog

Very interesting post...thanks for sharing this information.

11:13am • #2
1 Featured Post Hit Router

That is some great advise.  Even if someone doesn't buy everything there, they can do what you did and save on somethings so the they can splurge on the items that really matter to them.  It is certainly worth looking into.

12:53pm • #3
422,538 Points 81 Featured Posts Localism Sponsor Outside Blog Hit Router

Gary - No doubt about it!  Thanks for the compliment

Sea to Sky - Do you have a name to go with that photo? 

Tony and Libby - It was a surprise to us when we found so many things we could use.

4:39pm • #4

Nice post.  I am going to be looking for a re-store in our community.

10:08pm • #5
392,017 Points 1 Featured Post Localism Sponsor Outside Blog

Looks like a great win win for the area. I need some of my sellers to look into this as an option to get their home more sale-able.

11:05pm • #6
1 Featured Post

Thanks for the info.  I always love finding a bargain.

11:53pm • #7
APR
02
426,658 Points 47 Featured Posts Outside Blog

I wish we had a place like that around here. It sounds like you found yourself some good bargains!

7:41am • #8
APR
05
422,538 Points 81 Featured Posts Localism Sponsor Outside Blog Hit Router

Bill - I did.  Have you checked the national website for re-store to verify there isn't one near you?

Renee - Me too!

Terry - You always see stores like this on "Design On a Dime" and other HGTV shows.  I got to actually shop in one!

Michael - Even if you never buy anything there, it is something you clients may be interested in learning about.

4:31pm • #9
APR
08
234,675 Points 5 Featured Posts Outside Blog

Margaret, I really like your "search for homes" icon at the bottom of your posts.  Sharp!

11:51pm • #10
422,538 Points 81 Featured Posts Localism Sponsor Outside Blog Hit Router

David - Thank you, I made it myself.  'Just purchased the image of the house from istockphoto.com and added text, using picnik.

11:56pm • #11

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Margaret Woda, Maryland Real Estate

Crofton, MD

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Long and Foster, Crofton Real Estate

Address: Long & Foster Real Estate, Inc., 2191 Defense Hwy., #120, Crofton, MD, 21114

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Real Estate and community information for homebuyers, sellers, and rookie agents in Bowie, Crofton, Crownsville, Davidsonville, Fort Meade, Gambrills, Odenton, Millersville, and the U.S. Naval Academy in Annapolis. Proven systems - combining local expertise, professional experience, and technology - to give you a competitive edge when you buy or sell a home.







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