A vast majority of people think that home renovation is an easy project, but that’s actually not the case. What they don’t know is that various steps are involved that need to be executed properly.
Some homeowners, no matter how excited there are about this whole venture, simply have no clue where to start and what to expect during this process. But one thing they frequently overlook is having a plan.
Without it, no project will go smoothly. But besides it, there are other things that must be considered, and to help you out on this journey, we put together some tips and tricks that just might come in handy. Let’s uncover them together!
The Ultimate Guide For Remodeling Your House
Nothing Without A Roof
According to the statistics, approximately seven percent of roofs are being replaced each year, which is more than five million houses! After around twenty years of service, different roofing materials start to deteriorate.
And that’s precisely one of the reasons why roof renovation simply must be done. If you live in Florida, consider yourself lucky, because out there, especially in St. Petersburg, there are lots of fantastic roofing companies. Therefore, if you live anywhere near this city, consider finding a reputable roofing company in St. Petersburg, FL that’s going to help you protect your home and everything that’s inside. But what’s so beneficial about renovating a roof?
There are numerous reasons why you’re supposed to do that, and below we’ll name just a few of them:
- Thermal protection
- The roof is old and outdated
- Low-quality roof installation
- Weather damage
Don’t Forget A Key Lockbox
If you want to renovate a home that you’ve just purchased, and you live far away, then it would be advisable to consider investing some cash in a key lockbox. Don’t forget that you will most likely have to hire a contractor if there are some major projects that need to be executed that cannot be done by you.
Bear in mind that practically every contractor loves to start early, hence it would be smart to attach a lockbox that enables you to provide entry to people with a code. Something like this is going to save you a lot of time, gallons of fuel, and constant early-morning wake-up calls.
These Steps Below Are Important As Well!
Planning Is Everything!
As stated in the beginning, planning is very crucial in these types of situations. Only with proper planning, you’ll be able to have a successful renovation. Now, if you decide to renovate yourself, then you need to concentrate on the bigger picture, as well as the smaller parts.
You should conceive a renovation plan for every area in your household. For example, if you hire an architect for remodeling, he/she will properly evaluate your requirements and then renovate accordingly.
In these instances, you’re “the boss” and the one who is going to determine your requirements. Consequently, you should jot down your end goal for each area in your home and then set the overall goal.
Budget, Budget, Budget
Another step that’s essential during this process is precisely this one. What’s supposed to be included in your budget? Things like expenses for permits, labor costs, building materials, and cost of decorations are a must. In order to build your budget, the right way, you should:
- Decide how much cash you want to spend and finalize financing. It would be recommendable to set aside at least ten percent of your budget for some unplanned expenses.
- Demand cost estimates from experts
- Price out all the necessary materials
If by any chance, cost estimates do not fit your budget, then you should determine (based on the plan you created) which project elements are more important than the others. In addition, you should request cost estimates from various contractors, just so you can get the best option for your budget.
Think of the number of adults and kids who will live inside the house and how long you plan to be there. Why is this important to consider? Well, that’s because it will impact decisions about how many bathrooms and bedrooms you will need.
If by any chance you’re planning on adding two or more bedrooms, then you will most likely be overcapitalizing. Namely, many experts believe that people shouldn’t be spending more than ten percent of their home’s value on remodeling, however, if you’re planning to stay in this house for more than ten years, then this might just mean that you are overcapitalizing in the short-term.
The Renovation Insurance
In case you didn’t know, once you start this entire project, you will become responsible for the site, meaning that you’re supposed to have the proper insurance in place. Having renovation insurance is generally a good idea because it covers the property while building work is still taking place, and it is also known as building renovation insurance, building work insurance, and house refurbishment insurance.
Additionally, if you’re taking out a mortgage to finance this venture, then keep in mind that the lender may not give you any money without proof of insurance and a warranty is in place. If you do not let your insurer know when you’ll be doing your house remodeling, your standard policy could potentially be invalidated.
When remodeling your home, insurance is supposed to include an employer’s and public liability, cover for works, building materials, temporary buildings, tools, personal accident cover, existing structure, and legal expenses. Typical expenses can go up to $2,000 depending on the project.
Be Realistic About Your Timeline
Your renovation is not going to be completed quickly, therefore, it’s of huge importance to be prepared and make certain accommodations to avoid stress and frustration. Your expectations are one thing, but the reality is something else, hence it’s crucial to be realistic about this project and timeline and choose new updates before removing the existing materials.
IMAGE SOURCE: https://pixabay.com/photos/painter-paint-house-indoor-2247395/
As stated in the beginning, home renovation is a truly thrilling process, but as you can see, it is pretty demanding and time-consuming, which is why you need to implement these tips, so you can make this whole venture less stressful.