Reconfiguring any part of the house requires much work, especially strategy. When planning your remodel, demolition, or other types of work, you will work out things like a budget, paint color, furniture types, and replacing items. Contractors come in handy when renovating your home. These are the contractors to contact for your home improvement project.
Read More
Within every home makeover a person does, there’s at least one thing they regret doing before starting. However, you can avoid any issues with our guide on what to know before renovating your house.
When thinking about renovating your house, what’s the first thing that comes to mind? If it’s the living room, then you probably want to repaint the walls and swap out furniture. If it’s the kitchen, then you may wish to change your cabinets, expand the overall space, and add an island.
Whatever your goal is when doing a home makeover, you should ensure it’s something you’re willing to commit to doing for the next few months.
And if you plan to sell your property for as much as possible in the future, then you should stick with the projects that increase your property value.
If you have a ton of stuff lying around and each room is untidy, it’s time to start cleaning. The one thing you don’t want to do is walk around an obstacle course when you’re laying down old newspaper to catch paint as you redo the walls.
So do what you can and store everything in its appropriate space. Or place them into a storage unit until the project’s completed.
Truthfully, every home improvement show you watch exaggerates its budget. Many homes take a while to get through one renovation. And there’s no way it would cost 30,000 dollars for a complete makeover, nor would it require you to knock down walls unless you expand your space.
The most it will likely cost you is around 10,000 dollars. That’s a base price, in any case. So, before jumping in, talk with an architect who can help you figure out a comfortable budget to start with so that you can avoid taking out any loans.
It’s okay to do some remodels on your own, but if they require serious electrical work, then you need to hire a professional home contractor. Enlisting help from an experienced home renovation company can help tackle the more complex tasks that take the most time to complete.
So, as you research what to know before renovating your home, reach out to different companies and make a note of what sort of help a professional brings to the table. While researching, don’t forget to check reviews and work history.
After booking your services, start thinking about the materials you want to use. A home contractor will be right there to talk about the best quality materials for you to buy. In fact, higher quality materials last longer, and they can help protect the environment.
After finding out what you need to know, start building your team of professional helpers who can assist in giving you the home of your dreams. There’s a ton you’ll learn, but make sure to have fun in the process.
5 Home Renovations With the Highest ROI
SHOW NOTES:
In today’s episode, John and Beth talk about how to manage home improvements. We talk about the culture’s obsession with home improvements and discuss some of the most common problems that homeowners face with home improvement projects. John and Beth talk about budgets, hiring contractors, and how to make a plan for your home projects. At the end of the episode, we share several easy and important action items that will help be more successful with home improvement projects.
IN THIS EPISODE:
● [01:27] Why do people love home improvement projects?
● [6:24] New home builders
● [07:19] Projects that add value to the home
● [09:23] Home improvement problems
● [14:67] DIY vs hiring a contractor
● [18:54] How to hire a contractor and manage your budget
● [22:09] Action Step: Make a plan
● [24:08] Action Step: Create your budget
● [27:05] Action Step: How to hire a contractor
● [28:31] Action Step: Track costs during the project
● [22:50] Close out Phase
KEY TAKEAWAYS:
● Home improvement can pertain to lifestyle aspects to fit a family’s needs or structural aspects like new windows, roof, plumbing, etc.
● Bathroom and kitchen remodels are “money rooms.” They do add value to your home, but they also are very expensive.
● There are small projects that cost little but add value to your home. Like a new front door, painting your front door, making small modifications to your front porch etc.
● When choosing between DIY or hiring a contract it boils down to safety, skills, and time.
● Home improvements add value to your home, but you have to consider your neighborhood and surrounding homes. You don’t want to add so much value that you price yourself out of the market which could make it harder for your home to sell.
● Your contractor does not own your budget. You own your budget.
● Before starting a project, plan for what home improvements you want to do and prioritize them.
● Before hiring a contractor, get multiple quotes from multiple contractors. Don’t forget to check references and licenses.
● Track budget and costs during the project to maintain your budget and the project scope. Also take before and after photos to keep track of the changes.
● The closeout phase includes filing new warranties, checking with your accountant to see how new improvements impact your taxes, and lastly, updating your home insurance.
LINKS MENTIONED:
Home projects tend to take over your family’s space, whether deck building takes over the backyard or a bathroom renovation conquers the entire hallway. Let’s talk about a few storage solutions to keep your home renovations organized and keep your family sane until the projects are finished.
Read More
Your front porch is not only an entrance part of your home. It actually serves a lot of purposes. You can use your front porch as a setting for gatherings. You can use this spot for some alone time or to sip tea with your neighbors and catch up. It can also be your living room’s extension and serve as the welcome area to entertain your guests. This could also be your kid’s favorite spot to do their homework, especially when the weather outside is nice.
Read More
Your email has been submitted.
An Email will be sent shortly confirming your email address.
×