Home renovations can be an expensive and daunting task to take on. You are the one who has to deal with the dust and the mess, not to mention the money. But, you don’t need to feel overwhelmed by this project as long as you do your homework. This post will cover some crucial aspects to consider before getting started, so it goes smoothly and stays within your budget.
Make Sure You Hire A Reputable Contractor
If you have ever worked on a renovation project, you know hiring the right contractor is crucial. After all, you don’t want some fly-by-night guy showing up at your place and causing havoc. So how do you go about finding the right contractor? Start by asking friends, family, and co-workers for recommendations. Another is to check that your shortlist of contractors has certain bonds in place. According to bond provider Axcess Surety, there are numerous blinds that a contractor could choose from. However, for your requirements, any contractor you choose should at least have a contract and performance bond. In this way, you are assured that the job will be completed in accordance with the contract. Aside from these points, you should also:
- Get multiple quotes
- Be able to build a rapport with them
- Ensure they are available to complete your job
- Check online reviews
- Ensure they are licensed and insured
Create An Appropriate Budget
This point includes the word “appropriate” because people have unrealistic expectations when it comes to renovation projects. In some cases, they can be so high that the project can never begin. However, the most common is underbudgeting. You should be aware that you will always need more than your calculations suggest, and in some cases, this could be up to 15 to 20% more. Setting an appropriate budget will help you ensure that you don’t go over what you can afford and end up in debt. This is also where a good contractor can come in handy. They can use their experience to advise you whether the budget you set is sufficient or not, and you can act accordingly.
Choose The Right Time Of Year
The decision to renovate your home is big, but you need to ensure that you remodel at the right time of year to make your life easier. If you don’t, you’ll have to live in an unfinished home for months on end. Different months will be more or less suitable depending on what you are doing. For example, if your renovations include extensive exterior work, then it could be wise to begin during the summer months. However, the summer is usually the most popular time of year to choose a contractor, and availability may be an issue. To combat this, you could select the colder months of the year if your focus is on interior renovations.
Set A Realistic Timeline
Setting a realistic timeline is crucial when refurbishing a home, as time overruns can be as common as cost overruns. This will help you plan out your finances and ensure that you can get all the work done in time. The first step in planning a renovation is determining how much time you have available for the project. If you believe it will take longer than expected, you may need to adjust your timeline or hire more help. It’s also essential to determine what type of renovations you want to do. Some projects like painting may only take a few days or weeks, while others, like new flooring, could take months. A realistic timeline should include all the tasks that need to be completed before moving in and the time it takes for each task.
Be Prepared For The Unexpected
As soon as you reach adulthood, it becomes exceedingly clear that nothing ever really goes to plan! The situation is especially difficult when it comes to home renovations as there are so many factors to take into account. With so many things that can go wrong, it’s no wonder homeowners are apprehensive about their projects. But there are some things that should make any homeowner confident in their decision to renovate, including those discussed earlier in this post. Nevertheless, you should understand that if something can go wrong, it will, so it is vital to have some contingency plans in place.
Home renovations are fraught with stress and unexpected events. However, by following the tips laid out in this post, you should be in a better position to plan ahead and ride out any unforeseen event that might occur.
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