The housing market is currently in a bubble where prices are high, and buyers are many. Because of this, home remodels have become increasingly popular. Whether you are looking to remodel your home to increase its resale value or just your overall satisfaction with where you live, there are a few steps you need before you begin construction!
One of the most important things you can do before a home remodel is to clearly define a budget. Regardless of how big (or small) your remodel is, a budget will keep you honest and on track with your financial goals. Be sure to set a maximum amount you are willing to spend and make it a point not to go over budget. There are various issues that may come up during the remodel process that will cost more than you budgeted for. Have a contingency plan for resources you are willing to re-allocate depending on the issue. And of course, be sure to plan for contingencies, material, and labor costs within your budget.
Once you know the work you want completed and the budget for it, you can hire contractors. There is some work that you need an expert to handle. Be sure to fill out the proper forms and contracts when hiring to protect your home, your family, and the workers. The ideal contractor will have experience doing the specific work you want completed, be licensed, and easy to communicate and work with. Also, the primary contractor should have a written agreement with subcontractors that work onsite.
There are some home remodeling projects that require a building permit. Structural changes, footprint changes, new windows, plumbing, or electrical modifications are the most common types of home renovations that require a permit. Regardless of what type of remodel you are hoping to do, it is wise to contact your local government to ask if what you are doing will require a permit. Application and approval processes vary, but they are typically done swiftly at the local level.
Once you have taken the proper steps to being a home remodel, you can actually begin construction. Be aware that despite copious planning, unexpected issues will likely arise just as much as timelines will change. The better prepared you are, the better you’ll be able to remodel your home without issue!
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