How to Avoid Costly Renovation Mistakes
Home renovations can cost a pretty penny. But many jobs cost more than they need to. Rushing the process, being cheap on materials and bad DIY jobs can add thousands of dollars to your budget.
Here are five costly renovation mistakes to avoid during your next project:
1. Hiring the Wrong Contractor
Be sure to properly vet your contractor. Ask if they are licensed and insured. It’s also a good idea to see a portfolio of their past work before signing a contract. And when you do, be sure to set clear expectations for your project.
2. Cutting Corners
If you’re going to invest in a major renovation, it’s important not to buy sub-par materials—especially if you’re doing work in high-traffic areas or where safety is a concern.
3. Too Much DIY
Projects like cabinetry installation, complicated tile work and carpentry are beyond the scope of most homeowners (even if you’re a DIY master) and can reduce the value of your home if done incorrectly.
4. Leaving No Wiggle Room
Renovations almost always involve extra costs. Whether your contractor uncovers structural or electrical issues or you run out of supplies, it’s good to have a buffer in your budget.
5. Setting Unrealistic Timelines
A kitchen renovation can’t be completed in one weekend. Be prepared to settle in for several weeks of disruptions to your daily life.
Are you considering a renovation? Put my expertise to work and ask me what projects will add to your home’s value.