Many people renovate homes to create a new appearance. Builders may renovate homes to enhance the home's value as a stable source of income. Homeowners often renovate their homes to increase the re-sale value and to turn a profit when selling. With a full kitchen renovation, homeowners can recoup about 59% of the cost, and a new master suite will typically return 50%, according to a study from the the National Association of Realtors and the National Association of the Remodeling Industry. But the highest returns come from less flashy projects.

The terms "renovating" and "remodeling" are often used interchangeably, but Home Depot says they're quite different. Renovation is the process of bringing a room or dwelling in poor or iffy condition up to good condition. It changes the quality of the room rather than the room itself. Remodeling is the process of making major structural changes.

A fixer-upper that's an older home may also offer more charm, character and historic or even unique architectural elements that newer properties simply don't have. With the right combination of financial planning and expert guidance, you can transform your property into a beautiful home. It is like turning an old brick building into a modern masterpiece – it will take time, dedication, and energy but the results will be worth it.

Recommendations - Friends, neighbours, and family are perfect for honest feedback! Perhaps you’ve seen the work or heard about their builders and so know whether you’d be comfortable taking them on too. Ask them if they felt the pricing was fair for the work that was done, and how the builders were to deal with overall.
Other trades are also a source for recommendations. If you know plumbers or electricians in the area for instance, they may have contacts for you. Afterall, they may end up working together, depending on what your project is, so they will only recommend local builders they know and trust.
Observations - Driving around your local area is a great way to find a builder. Look out for any house building or renovation work currently going on. Are there any advertising boards on display? And don’t be afraid to ask questions of the homeowner.
You’ll get a good feel for how the builder operates from looking at the site itself too. Is it tidy? Can you see evidence of health and safety on site? Are the neighbours being inconvenienced? Would you be happy if this were your home and your builders?
Search online - Trustworthy and dependable builders are likely to have a website or social media platforms. So, search for before and after pictures, and recent customer testimonials, before making any decisions.
You can also use trade sites as a search tool. Hundreds of local builders, building contractors, and other tradespeople will be listed.

While your budget might start low, inspections, closing costs, and relocation fees can increase. Remodeling helps you avoid the stress of juggling two mortgages if your existing home does not sell immediately. High mortgage rates are another reason to consider renovating.

It often provides a boost in home value, saves you money on utility bills, creates more space for your family, and improves indoor air quality.