Follow these 5 tips to get the most out of your home improvement project.
Turn your kitchen, bathroom, or garage into a dream: Make your home more elegant or functional, but you don’t want to invest in improvements that won’t bring you long-term benefits.
These are the five tips that can help your remodeling projects increase the resale worth of your home.
- Concentration on the details of the remodeling
The architect who will help you should create a detailed floor plan that is true to scale, including the locations where the outlets will be. You can even use an effective planning tool from the National Kitchen and Bath Association (NKBA) to define precisely what you expect.
Set goals and priorities in terms of space, style, storage, and features to respect your budget and avoid waste or rent to own your home. A good rule is to keep spending below 15 percent of the market value of your home.
- Avoid prioritizing renovation costs at the expense of quality
You may regret skimming with cheap paints, vinyl floors, or plastic pipes because cheap materials expire faster and reduce the resale value of your home. This can lead to higher costs for professionals if you make an arrangement yourself, rather than hiring a top local contractor from the beginning.
It is also helpful to consult with interior designers, lighting designers, kitchen and bathroom planners, and other experts to assist you to make decisions that are convenient in the long term. Professionals can advise you to avoid products that have a shorter shelf life or have proven defects, such as unpolished granite that leaves stains, spray rinses, or paint on walls that cannot be cleaned. Also, designers and contractors have discounts for belonging to the activity so that you can let them buy the materials.
Find out if home loans can help you cope with some of these costs.
- Get multiple remodeling budgets
Once you have set your goals and specifications, you will receive multiple quotes. To be exact, you will need to specify the particular type of countertops, floor, hardware, and lights you prefer. Perform halls, construction yards, and catalogs, and consult friends and neighbors to put together your wish list. Then, disclose your expectations by making a list of your materials and products, including models, sizes, and colors in your contract that should break down materials and labor.
Communicate with multiple people and companies and check the speed of replying to your calls, emails, and text messages. This can be a signal of how careful the contractor will be once he begins working on his project. Ask about previous customers to learn more about the quality of their work. I would also like to know whether the materials indicated have been used, whether the work deadlines have been met, and whether the conflicts that have arisen have been resolved in a timely and appropriate manner; potential contractors must have commercial liability insurance and offer compensation to each subcontractor.
- Get the remodeling permits needed by the city
Obtaining the necessary permits, such as construction, plumbing, and electricity, can avoid conflicts with neighbors and obstacles in selling your home, or upgrade your homeowner’s insurance coverage. You may need a building permit if you plan to demolish a retaining wall, change the covered surface of your home, place a container on a public road, affect the sewer system, build an aggregate, or make other important changes. If you are in doubt as to whether a permit is required, it is advisable to consult with the local authorities in advance, rather than to receive a citation after payment and execution of the work.
- Check the progress of the remodeling!
You want to solve the issues before they occur, so take the time to control the appliances during work. Be careful during the project: Are the floors warped? Are the sides of the cabinets uneven? Are there cracks in the window seals? Or do the walls have lumps? If you notice that something is not as it should be, don’t be afraid to comment on this and know that it is better to do it before it is too late.
The agreement with your contractor must contain the materials and labor; however, it is also recommended to read the agreements between the contractor and other specialists or subcontractors, such as plumbers, so as not to be surprised by additional costs. Never pay more than 30% of the total cost to cover the materials and reserve at least one-third of the payment until the remodeling is complete.