Remodeling your home is one of the best ways to turn a vision into reality. Though there’s no shortage of remodeling ideas to increase home value, a remodeling project can be costly and time-consuming if it’s not done properly. Keep reading to learn more about common remodeling mistakes to avoid as a homeowner.
Under-Budgeting or Working Without a Budget
Your budget acts as a guide for your home renovation budget. Having a well-planned budget can help make decision-making easier during the planning and execution stages. Unfortunately, renovations often cost more than expected. For peace of mind, add an extra 10 percent to 20 percent to the initial estimate.
Focusing on Aesthetics
Homeowners often focus on appearance without paying attention to electrical wires, structural integrity, and busted pipes. Addressing underlying issues will ensure longevity and help prevent potential damage to your new, beautiful finishes. Take a big-picture approach to the project, and think about long-term sustainability.
Remodeling Before Living in The House
If you’ve just bought a home that needs revamping or that doesn’t appeal to your preferences, don’t rush into a remodel. Consider living in the space for a month or two so you’re better acquainted with it and have a vivid idea of how to remodel the home to meet your needs.
Hiring Separate Designers/Architects and Building Contractors
When it comes to remodeling projects, a best practice is to have the firm that creates the design-build it as well. That way, nothing gets lost in translation. Hiring separate contractors for design and build often leads to costly mistakes. The contractor may also have a challenge executing the design.
Hiring an Inexperienced Contractor
If you’re planning a home remodel, you should dedicate some time to due diligence. Be sure to check credentials and ask for references. Prepare a list of questions, and keep an eye out for red flags. Any reputable contractor will also guarantee the work, so steer clear of contractors looking to take advantage of unsuspecting homeowners.
Having Unrealistic Expectations
TV shows constantly show major home remodeling projects being completed within super-short time frames and with the lowest price tags. Rather than setting unrealistic expectations, start doing your research into timelines and budgets early on. Talk to local contractors, and seek several estimates to get a better idea of what to expect.
Quality home remodeling projects require extensive planning and a significant investment in time and resources.
Once you know the remodeling mistakes to avoid, you can better plan your project and set it up for success. A good plan coupled with a great team of professionals can have huge rewards.
Planning to remodel your entire home, kitchen, or bathroom? Look no further than Icon Building Group. We’re proud to offer top-notch remodeling services in Chicago, IL. Call our friendly team today at 847-232-6400, or email [email protected] to discuss your project.