PREPPING FOR HOME REMODEL
It’s important to plan for any remodeling project in your home. These projects take patience, time, and money, and it’s important to be ready ahead of time and create a plan.
Creating the end goal is the first part of the plan. What exactly do you want to remodel? What do you want the finished project to look like? Having a clear picture of what you want the finished product to look and feel like will help with decisions and budgeting. Some questions to ask yourself when creating this plan. What tools and supplies will you need? How much time will this project take? What about electrical and plumbing? Will homeowners insurance be affected? Having these answers will help prepare you for any bumps along the way and help you stay focused.
Another important part of preparing for a home remodel is a budget. Once you’ve determined the end goal and vision for the project, it’s time to consider how much money you can invest in it. Be sure to stay within that budget during the entire project, and adjust along the way as needed. It’s always a good idea to plan ahead for any unexpected and unforeseen problems or costs that may arise. Most contractors recommend adding an additional 10-20% to your overall budget cost to deal with unexpected issues.
After you nail down a budget, it’s time to reach out to remodeling companies or general contractors to get bids. Create a list of 3-5 contractors by asking friends and family members for recommendations or searching online in your area. Here are a few questions to ask when you find a recommended contractor: What projects to they specialize in? How long have they been in the business? Have they completed a project similar to yours? Do they use in-house employees or subcontractors? Ask specific questions about insurance, permits, licenses, and bonding. Don’t be afraid to ask for references and verify those references!
Once you have found the perfect contractor for your home remodel project, think about what details need to be in the contract. A contract is a vital document for any home improvement project, as it will lay out the exact details and expectations of both parties. It will also protect the contractor and the homeowner. Read it carefully before signing, and be sure these sections are included:
- project description: including the scope of the work and details of all materials needed. If blueprint have been made, copies of them should be included.
- permits, inspections, and licenses: make sure this information is as specific as possible.
- project start and finish dates: discuss the timeline of the project and specify the daily start and end times.
- payment amount and due dates: it’s important to never pay more than one third of a project’s total cost upfront, and no more than $10,000.
- insurance and property damage liability: be sure to clarify who is responsible for any property damage that may occur.
- warranties or guarantees: this is important to be sure the contractor stands behind their work, and the homeowner is protected along the way.