Useful Tips for Rental Property Owners
Simple Ways to Update and Add Style to Your Home

5 Steps to a Successful Home Remodel

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Remodeling your home will renew your love for it and increase its market value. You will also repair broken or worn-out things you never got around to working on and replace broken fixtures. Everything will look better, feel better, and work better. 

Your project will be successful if you approach it methodically. You must create a detailed home improvement plan, create a budget, hire contractors, and figure out a reasonable timeline. Here are the five steps you should take to convert your pipe dream into a project: 

Step #1: Dare to Dream 

Now it’s time to dream. To get ideas, browse interior design magazines, surf the Internet to check out home-and-design websites, and talk to family and friends who have done remodeling their homes. 

Think about your ideal scene:

Do you want to slash your electric bill? A residential roofing company can add solar panels to your existing roof. Converting sunlight into energy will help you lower your electric bill. 

Do you want to convert the basement into a home office? If you’re planning on working from home, it would be wonderful to have your own fully functional office space. 

Do you need to increase security measures? Call a home security company to get ideas on the latest home security technology. 

Do you love to cook? Maybe it’s time to consider updating your kitchen

Don’t hamper your creativity with an excess of commonsense. You can rein in your enthusiasm later. For now, let your imagination run wild and free. 

Step #2: Get Realistic 

After you’ve created your ideal scene, figure out the cost of your project and its duration. If you consult the Cost vs. Value report for 2020, you‘ll get a rough idea of how much your renovations will cost. You will also have to work out how you will finance your project.

Step #3: Hire the Right People 

Once you have a clear idea of your plans, budget, and schedule, your next order of business is to search for a reputable design-build firm. This is a general contracting firm that uses architectural engineers, structural engineers, and specialty trade contractors to provide homeowners with design and construction services. Another option is to search for an architect familiar with residential design experience and a general contractor. 

This is the time to ask a lot of questions about the nature of the work, as well as get a good idea of what problems might arise during renovation and what to do about them. 

Step #4: Shop for Building Supplies

After you’ve found the right people to work on your project, shop for everything you will need for your project. 

Your shopping list might include: 

  • Paint 
  • Cabinets 
  • Tiles
  • Carpet 
  • Plumbing fixtures 
  • Countertops 
  • Lighting fixtures 

Step #5: Understand the Scope of the Work 

The contractor will organize a meeting with you to discuss the details of the renovation work.  Some things you and the contractor will discuss will include deciding when workers should arrive and leave, where to place the dumpster, how to store work tools and building materials, and so on. 

After the work begins, the contractor will update you on weekly progress in person, by email, text, or phone. The contractor will expect you to respond quickly if there are construction problems that need to be resolved.

Winding-up the Project  

Once the work is near completion, you and the contractor will tour the remodeled sections and make a list of what the work crew should complete or touch up. 

After the work crew cleans up the area, the contractor will ask you to make your final payments and you’ll get a lien release document and a certificate of completion. However, don’t sign off on the work until it meets your expectations.

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