A Houzz & Home Study report revealed that in 2017, 58% of homeowners performed a home renovation “in some form or fashion” and spent an average of $15,000. Whether it’s bathroom, kitchen, basement, or any part of the house, renovating not only spruces up your home; it also adds to its value.
The prospect of renovating your home can be exciting—but also quite challenging. From planning to execution, every homeowner needs to be involved in the process and coordinate closely with your home construction contractors.
To save you from excessive spending and other home renovation-related headaches, check out these six tips:
Set your goals.
Before you begin renovating your house, specify your reason for renovation. Is your home due for repairs and could use some updating in the look, materials, design, or colors? Perhaps you want a more comfortable or more spacious living area. You may want to raise the value of your home to get it ready for resale. By setting your goals, you determine what exactly it is that you need and know what you want from the get-go.
Create a budget.
Ah, the budget! You may need to purchase a truckload of construction materials, and estimate that you’ll be paying your home construction contractors thousands of dollars—can you afford all of these costs? Planning your budget lets you see how far your funds will get you. Get advice from a loan officer if needed and discuss it with your contractor.
Do your homework.
Research the best renovation design, calculate your probable material and labor costs, and check out the best home construction companies in your area. Say no to unpleasant surprises.
The “wants versus needs” principle applies to home renovation. Aesthetics matter, but can you afford it? In the end, will it benefit the project? Track your cost and keep a master list of the things that you need to prioritize to avoid going overboard.
Refrain from DIYs
DIY projects are fun, but when it comes to home renovation, do not expect DIYs to yield the best results. Think about it; maybe instead of saving money, you end up redoing it all and, ultimately, spending more! Experts suggest hiring professional home construction companies to do the job for you.
Look for a trusted contractor.
Your home renovation contractor is a crucial component to the success of your project. Ask for referrals from your friends, relatives, and neighbors who had their homes renovated. Settle only for home construction team that exhibits professionalism, expertise, honesty, and integrity in their work.
Contact Freedom Homes today for all your home renovation needs everywhere in Oklahoma and beyond! Call us at 918.231.5828.