Before you undertake a flooring project, run some financial numbers to determine whether your project is a smart investment.

The numbers include the estimated costs, home value assessment, financing costs, and other related calculations.

Review cost-related issues to flooring replacement vs. buying a new home.

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	link to notes: analyze the numbers
	estimate the cost of your project
	get your home value

Your 2nd step in flooring options is deciding what you would like to do by collecting ideas.

This includes reviewing -

• hardwood flooring pics,
• floor tile pics,
• carpeting pics,
• architectural plans,
• floor layouts,
• home gallery,
• flooring installation,
• flooring shopping and more.

Step 3 is sketching your ideas on paper (or digitally) and developing the spec plan.

The spec plan determines what type of flooring that will be needed for your remodeling project. It will also contain the product specifications for each flooring option such as hardwood, tile, laminate or vinyl, carpeting, area rugs, other.

You will use the spec plan and architectural design to bid the project out to flooring contractors.

Step 4 is finding and negotiating the project with a flooring contractor.

Give your remodeling ideas and specs to a contractor for review and bid analysis.

Use our local network (aligned with HomeAdvisor) to find the right person for your project.

Review guides for contractor selection and negotiation.

Step 5 is arranging financing once you select the flooring option.

Using the equity value in your home is one of the best financing option for flooring replacement and restoration. Start with a home equity line of credit or a bank equity program.

Other options may include cash-out refinancing, personal savings, and/or financing from home improvement contractors.

Step 6 is where the project begins.

It starts with setting up the work area, installing everything that needs to be implemented, sealed, etc.

It also means working with the contractor, managing the project, and getting the flooring project inspected before releasing any funds.

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	working with the contractor
	managing the home remodeling project

	about a home project inspections
	find home inspector