When you begin to think about remodeling your home, it’s easy to go overboard, tackle too much, or overspend. By following a few simple rules, you can avoid those difficulties. Here are some things to think about–even before you begin your remodeling project.
1) Anticipate Your Budget Going Over- 9 times out of 10, your remodeling project is going to go over budget because of unexpected expenses. Especially when you are working on your kitchen, you will typically find your ultimate cost to be about 25 percent higher than your original estimate. The same 25 percent figure also applies to the amount of time it will take to complete the project.
For example, if you have decided to spend $10,000 to remodel your kitchen and give yourself five weeks to finish the job, you can generally expect to end up spending about $12,500 and seven weeks on the project. There are no hard-and-fast rules, but one thing experienced remodeling professionals have learned–always expect the unexpected.
2) Research Everything- Do lots of research concerning the materials you will be using and the specifications of each product. Go to your home improvement store to get test paint color samples. They should be knowledgable about current trends and the latest products on the market. Don’t assume that the big box stores are going to have the best prices. Even though they have the buying power, you can find the same extra products online for a lot less because they don’t have the overhead of the retail stores.
3) Don’t Put Off The Small Items- Once you’ve decided on your main components, don’t forget to spend time on the small things, as well. It’s easy to get caught up focusing on the big ticket items, but it’s often the interior design details, like trim, accent colors, and hardware that really make a remodeling project come to life.