Getting The Most From Your Home Remodeling Dollar

Before you pound the first nail, your home remodeling and improvement jobs will face urgent decision points along the way. The decisions you make at these milestones can be important to the success of the project. To get the most of your remodeling dollar, don’t forget to follow the steps below to keep your home remodeling projects on track and within budget.

Hire a pro – Reliable architects, decorators and contractors will add to the initial cost of the project, but can lower fees you money and frustration in the long run. Their experience will help you find design troubles early that can cause cost and timeline problems later. So how do you find a reliable architect, interior designer, remodeler or contractor? The best way is through word of mouth and recommendations. Talk to your neighbors and friends to see if the agent is recently completed a remodeling project. They may be able to recommend a reliable architect, interior designer, remodeler or contractor. Also determine if they would use the individual or organization for future projects. Another great source can be your local parade of homes or home builders association.

Design Fees and Contractor Costs – Most significant remodeling activities will require the services of a qualified interior designer, architect or contractor. Insist that each provides a bid that includes a detailed proposal covering the scope of the work, any subcontractors they intend to hire and the timeframe for completion of the effort. Do some analysis to determine if the fees are comparative when you shop for rates. The bargain rate firm may leave you with more steam clean-up and finishing project. The highest priced bid may include oversight charges or project management fees that you can do yourself.

Be prepared- Like any major project, proper planning is the important to success. Take the time early in the project to spend the quality time needed to make informed decisions ahead of time. Be sure to adequately review bids from contractors and don’t select a contractor just because they are the minimum budget provider or are available immediately. Have your interior designer, architect and contractor draw up detailed plans for your review. Choose the design materials dining room to avoid working with costly changes later.

Breaking things down- Develop budget and timeline goals and stick to them as much as possible. Breaking the home improvement project down into smaller activities makes it easier to estimate the charges and control the timeline later.

Stay involved- Stay involved and help where you can. By removing old fixtures, cabinets or doing other clean-up work you can lower fees on the overall home improvement project. If capable, do some of the final finishing project yourself to also drive down the costs. Painting, touch up or installing faucets or other fixtures yourself can keep you within cost and give you the satisfaction of knowing you did some of the work yourself.

Design Decisions and Customizations- Using custom cabinetry, windows, doors or other products can swiftly drive the charges up for any home remodeling project. This is one of the area where you can exercise a great deal of control over the costs. A standard window at your local home improvement retail store will cost around $250, but a custom-sized window will budget over five hundred dollars easily. Some activities of the project will need to be site specific and possibly customized. But some product categories – such as windows, doors and cabinetry – offer a wide variety of customary or semi-custom choices. Adding your own trim or embellishments later may make these typical decisions look customized.

Avoid distractions- Don’t let yourself get off track. For example, if you are painting your family room and you discover that the adjacent living room paint now looks dingy, don’t get side tracked. Schedule the other room for another project. The desire to add or change along the way will be tempting and may prove irresistible. If your remodeling plans stick to the original plan, most will finish on time and within budget.

The key to avoiding cost overruns and other pitfalls during your home improvement activities, don’t forget to properly control the variables along the way. Estimating costs for home improvement plans is both an art and a science. The better you plan, control those variables and stick to the original plan the more likely you are to be happy with the project and complete it within your cost and timeline budgets.

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