More than half of American homeowners say they plan to remodel their homes this year based on the latest reports from the home improvement industry. Some are planning major renovations whereas others simply want to make a few minor upgrades. No matter what types of changes you’d like to make to your home in the coming months, you have a lot of decisions to make. From which areas of your home to focus on and how far to take the project to which materials and fixtures will go into it, numerous factors need to be considered before getting started.
Determining how much you can safely spend on the project is also important. From there, you’ll need to set your budget and stick to it. Of course, setting a budget and planning a remodeling project aren’t necessarily straightforward processes. Working with highly experienced and reputable home improvement contractors can make it easier while also ensuring you get the results you’re hoping for. Read on to learn more about what you can expect along the way and how to budget accordingly.
Set Specific Goals
One of the first steps to take when remodeling is to set specific goals for the project. Some homeowners start off with an idea of what they want to accomplish only to keep adding details after starting their projects. In doing so, they ultimately get overwhelmed and go over budget. Setting clear goals and sticking to them will help keep that from happening.
Create a Plan
Next, it’ll be time to create an in-depth plan for your remodel. This the the stage where you’ll add all the details you want to put into the project while being sure to keep your specific goals in mind. Take a closer look at the space you have to work with. Decide which materials, fixtures, finishes, and other elements to put into your new space. Your contractors can show you different floor plans and layouts and help you better understand what types of plumbing and electrical factors may come into play.
Get Your Permits
Additionally, remember that you may need permits for your remodeling project. Codes and regulations can vary by state, county, and even city in some cases. Failing to understand those regulations and obtain the necessary permits for your project can lead to fines and other serious problems.
Looking at Your Remodeling Timeline
Now, we’ll take a look at some general timelines for remodeling. Smaller projects, like painting, installing new lighting and flooring, and updating fixtures and appliances may only take one to three weeks. On the other hand, more involved projects like extensive bathroom and kitchen remodels, can take anywhere from one to three months depending on their scope. Whole-house remodels can take six to eight months or more.
Understanding the Cost of a Remodel
As you might imagine, the more extensive the project is, the more expensive it will be. Minor renovations in a single room can cost a few hundred to a few thousand dollars. Comprehensive kitchen or bathroom remodels may cost anywhere from $10,000 to well over $50,000. Remodeling your entire house could cost $100,000 or more.
When budgeting for a remodeling project, labor will account for around 35 percent of the cost. Another 40 to 50 percent will come from materials, appliances, and other elements that go into the project. Setting aside roughly 20 percent of the cost of the project to cover potential problems and unexpected developments is recommended.
Planning Ahead for Your Remodeling Project
Remodeling can bolster your property value and will certainly help you get more use and enjoyment out of your home. No two remodels are exactly the same, though, so pinpointing an exact timeline and cost before creating a plan isn’t possible. The extent of the project, the materials you choose, any plumbing and electrical changes that need to be made, and many other factors will affect those aspects. Working with a professional contractor can help you save money and time without sacrificing quality and satisfactory results.
When planning a home remodel, it’s crucial to have a clear understanding of your budget and expectations. Start by assessing the scope of your project and determining which areas of your home need the most attention. Consider consulting with professionals to get accurate estimates and timelines. If you’re ready to take the next step, click to visit and connect with experts who can guide you through the process. They can provide valuable insights and help you make informed decisions, ensuring your remodel is both successful and within budget. Remember, thorough planning and expert advice are key to achieving the home of your dreams.
Lexy Summer is a talented writer with a deep passion for the art of language and storytelling. With a background in editing and content creation, Lexy has honed her skills in crafting clear, engaging, and grammatically flawless writing.
