It's Time to Remodel Your Master Bedroom

Master bedroom remodeling can improve the overall space and increase your home's value

You've decided that it's time to remodel your master bedroom. Now you have a lot of decisions to make about what kind of space you want to create and the scale of the changes necessary to get there. Master bedroom remodeling can include basic changes from wall and floor coverings to structural changes that will completely convert the functional use of the space.

Decide how to finance your remodel

Before you begin, it is important to set a budget for your remodel project. If you have been saving to remodel your master bedroom, you might know exactly what you are willing to spend to get the project done. If you are planning to take out a home remodel loan like a home equity loan or home equity line of credit, you should start by mapping out your project and getting quotes. Once you have a total cost for the changes you are trying to make, it is easier to determine how much you will have to borrow to finance the total remodel.

Master bedroom remodeling: Structural

Doing a structural remodel of your master bedroom is the most involved option but also provides the most opportunity for you to create the exact space you want. And, it's the type of remodel that will likely generate the biggest return on investment. If you've always dreamed of having a master bath, adding a whirlpool tub, or even building the ultimate walk-in closet, get these major changes quoted out at once so you know exactly what you financially need to get the project done. As with any large-scale remodel, make sure that you are using a licensed contractor and taking the time to design the space exactly how you want it.

Master bedroom remodeling: Functional

Maybe you aren't looking to knock down walls and build out closets, but you do want to remodel your master bedroom to improve its overall function. Master bedroom remodeling for function can be just as impactful as remodeling for structure. A functional remodel can include furniture, entertainment and storage elements.

Start by making a list of the ways you want the space to function once the remodel is complete. Write down what you like and dislike about the way it is now, and then make a wish list that details how you'd use the space if it was ideal. Here are some things to consider:

  • Do you need more storage space?
  • If you watch television in the room, do you have a set up that is comfortable?
  • Is there anything, like entertainment or workout equipment, out in the open that you'd prefer to conceal?
  • Do you have the furniture you need to best store your clothing?
  • Do you have a sitting area if you want one?
  • Could you benefit from a dedicated space for your morning routine?

If you are going to finance your remodel with a home remodel loan, you are going to want to do it once and do it right. Make sure that you have considered exactly what you want, then get pricing and borrow only what you need to get the job done.

Master bedroom remodeling: Visual

Simply changing the way a room looks can entirely change the way it feels. If you are looking to create a new space but have a smaller budget to finance the remodel, consider sprucing up the room with new flooring, wall color, window treatments and décor.

To get the most out of a visual change in your master bedroom, do some research in advance. Put together a collection of colors and fabrics that evoke the feeling you are looking for. Once you look at them all together, you can create a theme that will stir up positive emotion and a restful sleep environment. Don't forget these simple tips when planning to remodel your master bedroom.

  • Think outside of the traditional when it comes to your headboard. Different fabrics, materials and even storage options can make the headboard a commanding focal point in the room.
  • De-clutter surfaces to promote relaxation.
  • Surround yourself with artwork that says something about who you are.
  • Accent with pillows and throws that can add a punch of vibrant color to the space.

Finance your master bedroom remodeling project with Citizens Bank

If you are looking to take out a home remodel loan to complete your master bedroom remodeling project, contact a Home Loan Advisor at Citizens Bank to learn more. To get started on the home equity application process, answer a few questions online about your borrowing needs and we'll contact you to complete the application and next steps in the process.

 

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