Make the most of your home remodeling budget with these tips
Home remodeling is a big and multi-layered undertaking that can quickly spiral out of control if not handled well. Even the best managed of them have their rocky patches. Since a lot is going on and because our attention is stretched in various directions, it is easy to lose sight of the basics, which is why you need to remain on top of a constantly evolving situation. We expect you have done your homework and looked around for the best contractor and/or interior decorator you could find for your home remodeling. With that out of the way, let’s look at some of the things you can do to ensure you do not stretch your budget and make certain the renovation proceeds along a smoother path.
Communicate with your contractor on a regular basis
Sit down with your contractor for a detailed understanding of what the renovation will entail. Make sure the two of you are on the same page regarding each and every thing. Carry out a detailed cost estimate and get the step-by-step process for the remodeling down in writing. You should know exactly what will happen on Day 1 or what to expect by the end of Week 2. Any deviations from that should make you ask pointed questions and insist on straight and detailed answers. Misunderstandings with your contractor may prove costly. Communicate on a regular basis and oversee the remodeling process from the start to finish. If you can’t be there all the time, put in charge somebody you have faith in.
The remodeling god is in details
What does remodeling a bedroom mean? Are you going to knock down a few walls, or are you going to keep the present structure intact and focus on the furniture instead? What color would the new furniture be and would it go with your walls? If not, what paint would you like to cover your walls in? Where would that leave the window blinds, shutters, or curtains and other upholstery in the room? Will it all fit in like a hand in glove, or are you going to have to buy new beddings, rugs, vases, lamps, etc. for things to look in harmony with each other in the remodeled room? A detailed plan will take into account not just requirements of the remodeling but also how things will be impacted post-remodeling and the expenses that would lead to.
Allow room in your budget for improvisation
Regardless of how detailed a plan you have for your home, things rarely stick to the plan through and through. As the remodeling progresses new situations may come to your notice. You might want to tweak your original plan or abandon it completely for the time being. It helps to have thought about all contingencies at the planning stage itself, but you must also account for unforeseen circumstances. For example, sometimes the material that we are counting on the most for a piece of furniture does not arrive, forcing us to look for alternatives. That might raise your budget or bring it down. Plan as well as you can, but don’t get too attached to your plans.
Create a list of must-have changes
A lot goes on during home remodeling, all of which may not be necessary. If you get to a stage where you are overstepping your budget by a considerable margin, or if the home remodeling is stretching out much longer than anticipated, you have the choice to curtail it if the most important changes on your list have been accomplished.
Frank Pipolo is President of FP Internet Marketing a certified Internet marketing consultant, professional marketing advisor to new home builders, real estate agents and brokers, and writer for WCICommunities, a Florida new home community developer of Pelican Preserve Golf Club Community. He has more than 20 years’ experience partnering with clients to build their business through development and implementation of track-proven Internet marketing strategies… Follow him on Google+