If you’re considering home renovation, the four sanity-saving questions/steps discussed below will help prepare you for the taxing renovation process.
Is Renovation Right for You?
Like we mentioned above, renovation isn’t easy. In fact, it’s often a tiring and time-consuming process. You want to make sure renovation is right for you before you start.
First and foremost, do you actually want to renovate? Home renovation will interrupt your daily life at home, often for weeks on end.
For example, you’ll have to figure out how to get by without using the room that’s renovated. This is understandably difficult with kitchens and bathrooms. You’ll also have to deal with limited privacy since contractors and other workers will need to be in your home on a daily basis.
You should look ahead into the future before starting home renovation. If there’s a chance you’ll move within the next 5 years, it might be best to skip renovation. It’s likely you won’t reap the rewards of the renovation otherwise.
Finally, take a hard look at the room you’re considering renovating. Are there any alternatives available? Do you really need to renovate your entire kitchen or will painting the cabinets be enough? How about investing in new appliances instead?
Make sure all of your family members are on the same page before home renovation begins.
Which Room Are You Renovating?
Some home renovations are a better investment than others. For example, renovating your kitchen or master bathroom will bring you the highest return. Most outdoor renovations, like adding an in-ground swimming pool, bring in the lowest return on your investment.
It’s also a smart idea to consider your location when planning your renovation, especially if you’re adding a structure. For example, a garage might be nice but it’s not really necessary in parts of the country without extreme climate. In areas with a lot of snow though, a garage is almost considered a necessity by buyers.
What’s Your Budget?
A good rule of thumb is to expect to pay more than you originally expect to pay. Home renovation is never a cheap project. Set a solid budget beforehand and then monitor your spending closely. Maintain open communication with contractors and other workers to ensure they’re all well within your budget from start to finish.
Because home renovation almost always costs more than originally expected, you should set aside an extra 15 percent on top of your budget. Use this for the surprises and incidentals that come along with your renovation.
How to Hire a Contractor?
Unless you have the time and skills to renovate yourself, you’re going to need to hire a contractor to do all or most of the work for you. And you shouldn’t just hire the first contractor you come across. It’s imperative to do your research and find the best one available.
Colonial home renovation before and after:
Start by asking friends and family for referrals. If anyone you know has hired a contractor for home renovation before, their suggestions are very important. Use these referrals as a starting point for your research.
Look up each of the referred contractors online. Read reviews from previous clients and visit their website. Use their website to find out if they offer the services you need. For example, you can find out about roofing, siding, window, interior design, and more online from Cardinal Homes.
Working With Your Contractor
Once you find a contractor that looks promising, contact them with the specifics of your project. Know what you want beforehand so they can give an accurate quote. A vague vision isn’t going to get you anywhere.
Meet the contractor in person for a walkthrough of your home. Discuss your renovation plan and show them any initial sketches. Wait until the end of the walkthrough to discuss price. Then compare their quote with the quotes of other contractors.
Though you should make sure the contractor you choose is within budget, you don’t want to cut any corners. It’s better to pay more money upfront and receive a high quality product that’s exactly what you want.
Answer the four questions above and you’re probably ready to get started on your home renovation project. Remember it won’t be easy but all of the hard work and annoyances will pay off in the long run. Home renovation is one of the best ways to boost the value of your home and create a more comfortable living space in the process.