Before You Remodel,
Get It Down on Paper
home remodeling articles and tips
topic: remodeling specifications
by Joe C
Home Improvement Specification Planning:
Putting Your Best Foot Forward
A home improvement specification plan is a comprehensive plan that outlines the project's goals, timeline, budget, materials list, and contracting services. Without a "spec plan," many homeowners can get into a project over their heads and end up with higher bills, delayed timelines, and a lot of frustration.
On obvious but sometimes overlooked component of a spec plan is to establish which improvements you can do yourself, and those things for which you should hire a contractor.
A home improvement specification plan should be created for a major project that affects the whole home, as well as smaller projects that address just one room.
Construction Specs
Identifying any building and construction specs is not only a good idea, but is required in order to meet established city, state, and federal regulations. A licensed contractor should know these regulations and meet them at all times.
Budgeting Tips
Establishing a realistic budget for your home improvement project is essential to its success. Researching the market rate for all of the materials and services you will need is the first step. Understanding your cash flow month-to-month can help you create a payment plan.
Working with a licensed contractor on your contracting costs is a big part of your budget. Contractors will provide you estimates at the beginning of the project, and some may require a contract. Contracts act as protection for both parties, so be sure to review them carefully.
Don't forget to plan for unforeseen costs too. A good tip is to budget for 5-10% of your total project cost.
Sources
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