A good home remodel should increase the value of your life besides increasing the value of your home. It is not only costly to do a home remodel but also time consuming. As a homeowner, you would definitely want the result of the home remodel to be worth the hard work you’ve invested in it. However, it can be a nightmare if you make a mistake that may ruin the results of the home remodeling project. Mistakes made during the home remodel can be costly making you to strain on your budget. No one wants to spent more than anticipated and planned for the project. Below are tips on how to avoid costly remodeling mistakes when doing your next remodeling project.
Blowing your budget
Although it is not recommended to be cheap when doing a remodel, you should also avoid blowing your budget just attain the best there is. You should ensure you have a budget that covers all the costs to be incurred regardless of the magnitude of the expense. After getting the budget, have an extra 15% of the budget to help in case the budget overruns. This will help you know if you can be able to do the remodel to its completion without leaving halfway. It is a good idea to have the project fully funded before you can have it started.
Not getting permits
Although it may seem unnecessary, it is important to obtain the right permit as per the state rules. This step can save you later. If your neighbor reports your construction and you don’t have the permit, you may be forced to tear it down and start afresh. Moreover, your homeowner insurance won’t cover you in case of an accident during the remodel in the absence of a permit.
Going for the lowest bid automatically
While it may seem, a saving opportunity to hire the contractor with the lowest bid, it may turn out to be costlier than you thought. For you to have a quality construction of a good design, it must come at a price which is rarely the lowest bid. The lowest price contractor may deliver substandard work which could reduce the value of your home. It could also result in renovations that need costly repairs more soon than they should have. You should therefore use more than the price factor when choosing a contractor to avoid getting into a mess.
Overbuilding for the neighborhood
If you have plans to sell your home, you should ensure the renovation project will increase the value of your home. However, the location or market of your home could not be supporting the extent of remodeling project. This could make you sale your home at a cheaper price than anticipated as per the remodeling costs. You should therefore consult a real estate agent when planning your remodel to ensure you will get the return on investment at the time of selling.
Ignoring safety procedures
When you choose to do the remodel yourself, you should be cautious of the safety procedures and precautions. This will help you even though you’re just in your house. It is always good to ensure a jobsite is safe. You can avoid injuries from electrical lines, ladders, cuts and many others by keeping this into consideration.