Did you know
that while fancy fixtures may seem nice and have a great aesthetic, they don’t
directly translate into higher listing price when you go to sell your home?
Beyond that
there is a tricky task of choosing a workforce that could consist of designers,
architects, contractors, sub-contractors for a project where you may or may not
have expertise.
That being
said, if you navigate your renovation smoothly, it can be one of the most
rewarding investments you can make in your home. So before you take on home remodeling services consider this list of the top renovation
mistakes to avoid and how to get around them.
● Adding too many custom features might
not appeal to your future buyers. Try not to capitalize on trends with the big
permanent pieces of your remodel (ie. floors, structural items, etc.). To get
the most ROI in your renovation you want to add timeless additions and focus
trends on smaller details.
● Before you get started, take
realistic stock of your home renovation needs and costs associated with each
project. Make a list and jot down all the requirements including short term
(within the next year), medium term (2-5 years out) and long term (5 years or
more way).
● It may be tempting to have the neighborhood
handyman help you replace your roof, but future costs would far exceed the
money you will save up if you opt to get your work done with an unlicensed
contractor.
● Get at least three or more estimates
on the work you need completed. Ask for references, and confirm that your
potential hire has completed quality work on homes that are similar in style
and age to yours. Just remember, before choosing a home remodeling company,
these companies are doing major work for you, and their skill and craftsmanship
will impact the long-term value of your investment.
● Most jobs will cost more and will
take longer than you expected so always add 20% to what you think your project
will total when budgeting. The 20% cushion will provide some peace of mind when
the demolition of the kitchen walls reveals rot in your load bearing studs, or
when it becomes clear that the entire wall needs rewiring.
● There are a lot of ways to trim down
on your material costs. And many people make this mistake by rushing and buying
from the very first store they visit without exploring the market. It is
advised to keep your eyes peeled for materials you need at garage sales, estate
sales, moving sales, flea markets, liquidators, etc.
Another thing you can easily do is get your fixtures and
furniture refurbished. If your contractor is skilled in this work, the finished
product will look every bit as good as if you had bought brand new materials.
● Pinterest might be great for
inspiration, but not for information. If you are into home improvement shows
remember that they only show a portion of the project. Similarly, you may wantto shop for your own tiles or lights online, but there is a big difference between
choosing things you like and choosing items that will perform properly.
Enlisting a professional designer to guide your choices could
cost between 5 and 20 percent of your total budget, but it can be worth it to
make sure you are getting good-quality design and that all the elements will
truly function together.
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