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August
24

 

Remodeling a home can be stressful whether it includes a room or a full addition. Five distinct stages exist which a homeowner experiences while remodeling: planning, budgeting, demolition, construction and cleanup. If a homeowner stays focused on the goals of a remodel, it is possible to feel less anxious and more excited as each step progresses closer to the end goal.

 

Planning

The main goal when starting out is to stay organized. Remodeling projects and home additions are challenging depending on the size and budget of a project. Start by listing 'must-haves' and stick to the product list to stay on budget and schedule. A minor change can cause delays.

 

Budgeting

Receive written estimates from licensed contractors, architects and designers. Resist the temptation of going with the first referral. Ask friends, family and others to provide names of people who assisted with similar remodels or additions and what the people paid for the work. Unless cash is set aside, an individual may be looking to pull financing from the home in the form of a home equity loan or refinancing opportunity. Depending on current equity in the home and interest rates, refinancing may be a better option. The project may increase the value of the home by more than its cost.

 

Demolition

Remove walls, wiring, carpet and flooring to get started in the demo phase. This remodeling phase is tough, dirty and gritty work but if people do it without help it can save alot of money to go back into the project for other amenities. It may be the shortest phase of the remodeling process but can wreak havoc on the home if a person is ill prepared.

 

Construction

Large projects such as a kitchen remodel or new addition might require a family to move out of the home to complete. Sometimes electricity, heat or water must be turned off to complete projects for a few days. If this does not work, find family, friends or a hotel to stay at while things are completed.

 

Cleanup

Cleaning up the mess from remodeling can be labor-intensive but doing it without outside help can offset costs. If time is a factor, it may be more beneficial to hire outside contractors for clean up. Once all the dust and debris is removed, decoration can begin on the newly renovated and remodeled home.

 

Design Tips

It may make sense to consider energy-efficient and eco-friendly products during the remodeling process. Many products such as appliances, windows, HVAC, front entry and garage doors offer tax rebates and savings on utility bills. A wide range of high-quality and affordable products are available. Check efficiency ratings of appliances and light fixtures to see what can be done and consider it a long-term investment into the home.




 


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