A - Once you find a contractor that you like, and are confident of his or her honesty and ability to deliver a quality product, work with that person to develop the scope of work that fits your budget.

Keep in mind, sometimes making a minor change in the course of your remodel, such as product selection, different flooring materials, or slight change in design, can make the difference in meeting or exceeding your budget.

There are various financing plans available to homeowners. Among the most popular is the equity line of credit that bases the loan amount on the equity in your home. Research various sources of funding to compare individual qualification guidelines, interest rates, terms and tax considerations.