Follow these six tips to get the most out of your home improvement project.
You ruin your kitchen, bathroom or garage with a dream: to make your home more elegant or functional. However, you don't want to invest in DIY jobs that aren't worth it in the long run.
Here are six tips you can use to make sure your home improvement projects increase the resale value of your home.
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1. Focus on the details of the conversion.
The architect you use must create a detailed floor plan to scale up to the baseboards. You can even use a virtual planning tool from the National Kitchen and Bath Association to define exactly what you're looking for.
Set goals and prioritize in terms of space, style, storage, features, and functionality to stay on budget and avoid waste. A good rule of thumb might be to limit spending to less than 15% of the market value of your home.
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2. Avoid limiting conversion cost to quality
You may regret saving on colors, vinyl floors, or plastic pipes, because cheaper materials deteriorate faster and reduce the resale value of your home. It can cost professionals more to fix a catastrophic DIY effort than having a good contractor from the start.
It is also helpful to consult with interior and lighting designers, kitchen and bathroom planners, and other professionals to make decisions that may be profitable in the long term. Experts can steer you away from products that have a shorter shelf life or proven defects, e.g. B. Unpolished granite that stains, splashes, or splashes water on walls that you cannot clean. Additionally, designers and contractors benefit from internal discounts. So let them buy your gear.
Find out if a home loan can help you manage some of these costs.
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3. Obtain multiple conversion estimates
Once you have defined your goals and specifications, you will receive various offers. To get specific remodeling quotes, you need to specify the exact types of flooring, countertops, lights, and hardware you prefer. Browse showrooms, wooden patios, and catalogs, and talk to friends and neighbors to create your wish list. Then clearly explain your expectations by listing the selection of products and materials (including models, sizes, and colors) in your contract that should separate the material and the job.
When choosing a contractor or designer, trust not only word of mouth, but also your local Better Business Bureau. Contact multiple people and organizations to find out how fast everyone forwards calls, emails, and text messages. This can be an indicator of how fast the entrepreneur reacts once she starts working on her project. Ask to speak to past clients to learn more about the quality of their work. You want to know if the specified materials have been used, deadlines have been met, and disputes have been resolved in an acceptable and timely manner. Prospective contractors must have liability insurance and offer workers compensation by subcontractors.
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4. Obtain the necessary permits to rebuild the city.
Obtaining necessary approvals, such as B. Electricity, plumbing, or building permits can help avoid neighbor conflicts and road blockages when it comes to selling your home or updating homeowner's insurance coverage. You may need a building permit if you plan demolish a load-bearing wall, change the floor area of your house, park a garbage container on a highway, damage a sewer, build an extension. or make other important changes. If you are not sure if approval is required, you should ask the relevant local authorities in advance instead of receiving a quote once the work has already been paid and completed.
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5. Expect the unexpected when it comes to renovations
It is a good idea to estimate an additional 20% of your estimated renovation costs to cover unforeseen emergencies. This can prevent money from running out before the end of the project if an unforeseen problem such as dry rot or faulty wiring is discovered. Buying equipment and materials on-site is a tactic that can reduce the risk of project delays.
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They want to solve problems before they escalate. Take the time to register while working as a team. Pay attention to crafts during the project: are the floors warped, are the sides of the cabinets uneven, are the window joints incomplete, or are the walls bumpy? When you see something that seems wrong, don't be afraid to speak up and know that it's better to speak sooner than later.
The contract with your contractor must cover the equipment and labor. However, you should always read the agreements between the contractor and other specialists or subcontractors, such as plumbers, so as not to be affected by unexpected costs. Never pay more than 30% of the total cost in advance (to cover the materials) and reserve at least a third of the payment until the end of the conversion.
Prepare to sit back and enjoy the benefits of your conversion.
For more information, including 8 remodeling tips, check out our checklist for remodeling and home improvement tips.
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The contract with your contractor must cover the equipment and labor. However, you should always read the agreements between the contractor and other specialists or subcontractors, such as plumbers, so as not to be affected by unexpected costs. Never pay more than 30% of the total cost in advance (to cover the materials) and reserve at least a third of the payment until the end of the conversion.
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Here are six tips you can use to make sure your home improvement projects increase the resale value of your home.
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1. Focus on the details of the conversion.
The architect you use must create a detailed floor plan to scale up to the baseboards. You can even use a virtual planning tool from the National Kitchen and Bath Association to define exactly what you're looking for.
Set goals and prioritize in terms of space, style, storage, features, and functionality to stay on budget and avoid waste. A good rule of thumb might be to limit spending to less than 15% of the market value of your home.
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2. Avoid limiting conversion cost to quality
You may regret saving on colors, vinyl floors, or plastic pipes, because cheaper materials deteriorate faster and reduce the resale value of your home. It can cost professionals more to fix a catastrophic DIY effort than having a good contractor from the start.
It is also helpful to consult with interior and lighting designers, kitchen and bathroom planners, and other professionals to make decisions that may be profitable in the long term. Experts can steer you away from products that have a shorter shelf life or proven defects, e.g. B. Unpolished granite that stains, splashes, or splashes water on walls that you cannot clean. Additionally, designers and contractors benefit from internal discounts. So let them buy your gear.
Find out if a home loan can help you manage some of these costs.
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3. Obtain multiple conversion estimates
Once you have defined your goals and specifications, you will receive various offers. To get specific remodeling quotes, you need to specify the exact types of flooring, countertops, lights, and hardware you prefer. Browse showrooms, wooden patios, and catalogs, and talk to friends and neighbors to create your wish list. Then clearly explain your expectations by listing the selection of products and materials (including models, sizes, and colors) in your contract that should separate the material and the job.
When choosing a contractor or designer, trust not only word of mouth, but also your local Better Business Bureau. Contact multiple people and organizations to find out how fast everyone forwards calls, emails, and text messages. This can be an indicator of how fast the entrepreneur reacts once she starts working on her project. Ask to speak to past clients to learn more about the quality of their work. You want to know if the specified materials have been used, deadlines have been met, and disputes have been resolved in an acceptable and timely manner. Prospective contractors must have liability insurance and offer workers compensation by subcontractors.
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4. Obtain the necessary permits to rebuild the city.
Obtaining necessary approvals, such as B. Electricity, plumbing, or building permits can help avoid neighbor conflicts and road blockages when it comes to selling your home or updating homeowner's insurance coverage. You may need a building permit if you plan demolish a load-bearing wall, change the floor area of your house, park a garbage container on a highway, damage a sewer, build an extension. or make other important changes. If you are not sure if approval is required, you should ask the relevant local authorities in advance instead of receiving a quote once the work has already been paid and completed.
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5. Expect the unexpected when it comes to renovations
It is a good idea to estimate an additional 20% of your estimated renovation costs to cover unforeseen emergencies. This can prevent money from running out before the end of the project if an unforeseen problem such as dry rot or faulty wiring is discovered. Buying equipment and materials on-site is a tactic that can reduce the risk of project delays.
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They want to solve problems before they escalate. Take the time to register while working as a team. Pay attention to crafts during the project: are the floors warped, are the sides of the cabinets uneven, are the window joints incomplete, or are the walls bumpy? When you see something that seems wrong, don't be afraid to speak up and know that it's better to speak sooner than later.
The contract with your contractor must cover the equipment and labor. However, you should always read the agreements between the contractor and other specialists or subcontractors, such as plumbers, so as not to be affected by unexpected costs. Never pay more than 30% of the total cost in advance (to cover the materials) and reserve at least a third of the payment until the end of the conversion.
Prepare to sit back and enjoy the benefits of your conversion.
For more information, including 8 remodeling tips, check out our checklist for remodeling and home improvement tips.
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The contract with your contractor must cover the equipment and labor. However, you should always read the agreements between the contractor and other specialists or subcontractors, such as plumbers, so as not to be affected by unexpected costs. Never pay more than 30% of the total cost in advance (to cover the materials) and reserve at least a third of the payment until the end of the conversion.
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For more information, including 8 remodeling tips, check out our checklist for remodeling and home improvement tips.
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