Although not all home renovations are the same, it’s important to follow a systematic plan to help you avoid unnecessary work and unexpected costs. A huge project like this requires detailed research and development for you to achieve your goals for your home.
Here are the steps for your home improvement project:
How to Have a Successful Home Renovation
1. Make a plan
Make an assessment of what you’d like to renovate and set your priorities. Make sure you have the time and budget required to get the work done. For example, if you want to renovate your bathroom, know what you want specifically to go through the next steps without problems.
You can do some research to find out if the renovations you want will add value to your home. Consult with an architect and other professionals who specialize in home renovations to help you come up with ideas and create a design plan. Be realistic as much as possible, so you don’t have to abruptly stop the project if you encounter some challenges.
2. Set a budget
Come up with a final price on how much you can afford to spend on the renovation. The average cost of renovating a 1,000-square feet home is about $19,000. It goes up to around $87,000 for 3,000 to 4,000-square feet houses. Renovation costs for older homes can be more expensive, especially if the plumbing, wiring, and other features are not up to code.
Once you have an idea of how much you’re going to spend, set aside around 10 to 20% of your funds for unexpected expenses. It’s important to keep in mind that something may go wrong or cost more. Setting aside money will let you finish the project no matter what happens.
3. Hire a contractor
You can choose your contractor by conducting interviews. Make sure that they’re someone who passed a contractor test, has a license, and is insured. Check their references before making your final decision, and ask them for quotes and whether they can commit to the timeframe.
4. Talk to your insurance company
Contact your insurance company before and after the project to ensure you have the proper coverage that you need. Renovation can increase your home’s value, so increase your coverage limits to protect your investment if it gets damaged. Also, as more materials or items like furniture and appliances are added, your insurance coverage can also increase.
Some insurers also impose penalties for not informing them of planned construction projects, so make sure to inform your insurer of any renovations, alterations, or additions.
5. Secure permits
Permits are required in many municipalities, so it’s important to have yours to avoid issues that could impact your project. Make sure your contractor checks the updated regulations as inspection rules may change and vary in various locations.
Before applying for a permit, you should have plans that comply with local codes as there are some renovations that will change the structure of your property. Keep in mind that any project that alters the current support system of the house requires a permit, such as changes to the balcony, deck, garage or bedroom.
6. Start the demolition and initial work
Once all the materials are at the job site and inspected, you can proceed to demolition. It’s important to conduct a walkthrough to be aware of potentially harmful materials on the site. Also, determine the maximum amount that you’re willing to spend to avoid going over the budget.
There are various costs associated with demolition or remodelling, so it’s recommended that you come up with a running list of the work you want to be done.
Some contractors prefer to begin working behind the walls, floors, and ceilings. Then, they proceed to work on the cabinetry after the walls and floors are done.
7. Add finishing touches
Final touches are now added such as backsplashes, final painting, light fixtures, floor sealing, and other touch-ups. Adding furniture and accessories is a great way to make your space more personal, as these items can help create the final flourish you want for your home. This also gives you the opportunity to show your personality in a certain space.
Stray away from the trends and let your own tastes dictate what you want your home to look like. If you’re a traveler, things from all over the world can be the perfect pieces. A splash of color from paint or fabric can make a difference, so have fun playing with various shapes, colors, and textures.
If you’re considering making improvements to your home, ensure that you create a detailed plan and secure any requirements needed. This will help make everything go smoothly and make you satisfied with the results.
