Any remodeling project can seem overwhelming, but it’s guaranteed to go more smoothly if you know a couple of insider tricks. Here are 5 home renovation tips from remodeling professionals.
Plan Ahead
Making product selections early can prevent delays later. Develop a plan that clearly defines the goal for your renovation. Your needs and wants for the project should be included in an outline of the work that needs to be completed. Proper planning can also help keep you on budget. “You’ll end up making the same decisions, but you’ll know what they’re going to be and what they’re going to cost ahead of time,” explains Ridley Wills, founder of The Wills Company, a design-build firm in Nashville.
Set a Home Renovation Budget
Your home renovation budget should include the costs for building materials, labor, building permits, and decorative finishes. Start by determining the amount you want to spend and then finalize your financing. Remember to reserve at least 10% of your budget for unexpected costs. Request cost estimates from multiple contractors. If your cost estimates exceed your budget, eliminate project elements that are a lower priority.
Consider the Best Way to Finance Home Improvements
A personal loan is one way to help fund your new renovation. First, choose a lender who will listen to your situation and do what’s right for you and your family. Next, consider a fixed rate and flexible repayment terms, and set regular monthly payments to allow you to plan your finances. Discover Personal Loans make the process easy with no lengthy process or collateral required, plus they let you borrow up to $35,000 to fund a home repair or remodel project.
Make a Home Renovation Timeline
Begin planning by selecting a desired start date. You and your contractor will need to calculate the length of time needed for each portion of the project. Determine which part of the remodel needs to be completed first and which parts of the project can be completed concurrently. Make sure your renovation timeline allows time for shipping and delivery of materials as well as time for prepping the project area. The renovation completion date should be set with a few extra days in mind to address unexpected issues.