No matter what area you’re remodeling, here are some tips to control costs.
Renovations can be expensive, and you’ve probably heard stories of homeowners paying 50% or 100% more than they thought they would. But remodel costs don’t have to spiral out of control if you keep a few best practices in mind. These recommendations are not about the cheapest way to do a remodel, but are about controlling costs once you decide how much you want to spend. No matter what area you’re remodeling, here are some tips to control costs.
Set a Budget First
A key to controlling costs for your remodel is to work with a team to build a detailed budget early in the design process, not wait until after the design phase. By setting the budget early and checking in continuously as you go, every design decision is made with the budget in mind, and you can easily see the financial impact of each choice as you finalize the design scope and quality.
Make Decisions Promptly
Construction can disrupt the process and create delays if final decisions aren’t made on time or if previously made decisions are changed. If you know you have a hard time making or sticking to decisions, give yourself extra time to do so and understand that changing your mind or not making a decision on time will likely lead to additional costs and delays. Just as with budgeting, choosing materials early helps keep costs under control because long lead times for ordering and receiving are always possible.
Limit the Area of Work
When looking at what parts of your home you want to remodel, remember that touching a room in any way involves multiple layers of work. For instance, if you want to adjust a doorway between two rooms but otherwise don’t want to do any work in the adjacent room, the work will require both rooms to be protected and cleaned, both sides of the door to get new trim, baseboard, and patched and refinished flooring, and then it will all need to be painted. At the end of the day, you are doing a lot of work in both rooms for a small change. The more you can close the door to a room, the more you can control your overall costs.
Have a Contingency Fund
Every remodeling project has things that come up that can’t be predicted. With this in mind, it’s a good idea to set aside some additional money as a contingency fund for those unexpected events. Contingencies are there for a reason. Things happen, and they are never free. Set aside the money and assume it will be spent on the things you can’t control.
Contact Accessible Home Builders Today
Here at Accessible Home Builders, we’re proud to say we’ve been building and remodeling homes since 1994. We’ve serviced Rehoboth Beach, Lewes, Selbyville, Millsboro, Georgetown, Laurel, and more communities within Delaware in that time. We work to guarantee a high level of professionalism, dedication, and the use of quality materials to ensure our customers have the homes they deserve.
To get in touch with us, give us a call at our office at 302-663-0464, send us an email at info@accessiblehomebuilders.com or visit us in person at 28412 DuPont Blvd, #103 Millsboro, DE 19966. Follow us on Facebook, Twitter, Linked In, and YouTube to stay updated on what we’re up to next!