Thursday, 21 February 2019 08:33

Don’t Be Surprised: 5 Things to Expect With Your Remodel

1. Going over budget is common

You’ve finally saved up just enough money to pay for what you thought those granite countertops and stainless steel appliances would cost. A design change here, an installation issue there and you may be faced with a tough reality when those savings don’t quite cut it. It’s also easy to fall into a trap of overspending if your initial estimate is too low or no longer covers the scope of the project.

John Bodrozic, co-founder of the home maintenance and remodeling tracking app HomeZada, believes that while going over budget is common, there are some basic home remodeling tips to avoid overspending.

“Taking the time upfront to plan out your specific design with all of your product choices is a great start,” he says. “People who know what they want and have done the various pricing research make it easier for contractors.”

I recommends signing a contract before the remodel kicks off and making it clear that the price quoted contains everything you agreed upon.

“If the contractor has to add any work, make sure they run it by you first,” she says. “In my experience, our contractors added work, making it seem like it wouldn’t be very much money. Unfortunately, we ended up spending more than we were planning to.”

While everyone dreams of a smooth home remodeling project, consider budgeting for more than your estimate in the event you do run over. You could stash your extra home remodeling funds in an online savings account so they are earning interest while your project is underway.

2. Scheduling can be a hassle

If you think it’s difficult to keep track of your children’s after-school activities and get them there on time, you’ll be astounded by the complex scheduling that can be involved in a remodel.

Larger projects, like kitchen and bathroom remodels, tend to take more time because there is a specific sequence of different construction trades that must work on bringing everything together, like a complex puzzle. You first have demo and rough carpentry work, then electrical, plumbing and HVAC rough-in work. Then comes work like drywall, finish carpentry and tile trades and, finally, plumbing and electrical trades come back to install the various fixtures.

When you’re determining how to prepare for a remodel, you may consider project delays if the work itself takes more time than expected. Another thing to expect with your remodel is that you could also encounter delays if the next trade person up to complete work is busy with other clients and can’t fit you in right away.

3. You may butt heads with your partner

Excited about creating your dream home with the person you love most? Unfortunately, you might not always agree on the shade of cream you want for the bathroom tiles.

Renovations create power struggles. Or maybe one person, acting as the spokesperson for the couple, incorrectly assumes the other partner is on the same page when making a decision.

But before you worry that fights over paint shades will bring conflict to your relationship, knowing that this is one of the things to expect with your remodel will help you prepare.

Couples who are remodeling need to determine a process for making decisions, and designate who has final say when there is a disagreement.

4. You might get frustrated with your contractor.

Phil, your contractor, seems like a great guy. You’ve bumped into him at the grocery store and had pleasant conversations. Many people have given him glowing reviews. What’s more, you’ve never raised your voice at someone working for you. But the stakes are high in your renovation project, and that can lead to heated disagreements. The best defense against this is a good offense.

Communicate, communicate, communicate, Make it very clear what you want the result of your project to be. Don’t be afraid to be honest and ask for what you want. This will prevent any disappointment that you might feel if things don’t go the way you’d like.

Although I also believe in the importance of communication, going into the project with reasonable expectations is critical when determining how to prepare for a remodel.

Contractors have other clients and jobs, so they may not always be available immediately, Try to be understanding and avoid being too demanding.

5. It might not increase your home’s value that much.

Hoping that your new luxury kitchen will boost your home’s resale value significantly? That might encourage you to spend more than you originally intended. But one of the things to expect with your remodel is that it might not affect your home’s value as much as you anticipated.

In some cases, homeowners can actually over-renovate and spend money that they won’t be able to get back, Every property has a ceiling for its value, and there’s a point of diminishing returns when a remodeling project approaches that top value.

I suggests homeowners talk to a real estate agent as a home remodeling tip to avoid overspending, since an agent can help you better understand the market before starting a renovation.

How to prepare for a home remodel (and be happy with the outcome)

While your home reno might unfold like an unfunny screwball comedy in which you get the wrong permits, find all sorts of structural problems and have to deal with a contractor you can’t locate, you’ll still be happy once everything is done and you get to live in your remodeled home.

With these home remodeling tips to avoid overspending, a better understanding of how to prepare for a remodel and a thorough knowledge of the things to expect with your remodel, you’ll face fewer surprises and get on to enjoying your upgraded digs.

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