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Budget, Home improvement, Home renovation

What to Consider Before Renovating

2020-01-02T12:00:00

If you're finally jumping into that renovation project you've been dreaming of, you're going to want to do it right. Before you turn your home into a construction zone this season, there are several items you'll need to consider. Staying organized, getting your finances in order, and keeping track of details are all crucial parts of renovation preparation. Though it might be tempting to dive in before you get all of these items in order, try to cover all of your bases before you dig out your remodeling tools.

Family

Openly discuss your plans with your family first. Besides making sure those you live with are on-board with a renovation, you'll have to consider how these changes will impact the everyday routine of your household. From traveling to work to dropping the kids off at practice, juggling schedules can be hard. Designate a space in your home that will be free of renovation supplies and plans, and stick to it. Make sure everyone in your home is on the same page and is aware of what days the work will take place. The more you communicate, the better off you'll be.

Organization

In order to keep yourself from feeling overwhelmed by your renovation plans, organization is a must. Reduce your stress by clearing out your house well in advance, as opposed to leaving the mess for a different day. Beyond keeping a clean home to avoid extra clutter, be sure to keep all your remodeling documents and notes in an easy to access area. Have a safe place to store your contractor's plans, all of your receipts, and any other important budgeting documents. Every saved document will likely come in handy in  the future, especially when it comes to keeping track of your finances.

Financesfinance for a home renovation

Having the proper budget and funding to conduct a home renovation is perhaps the most important component of the process. Look at your expenses carefully, going over every detail in full. Renovating your home during the holiday season might not be your best option, as this is the time of year households tend to spend the money. Identify a future date that you know will make the most sense for you and document the timing accordingly. The preparation period if the perfect time to also consider areas where you might be able to save money over time as you gear up to renovate. From getting creative with your grocery shipping to researching how to lessen other monthly costs, now is the time to keep a close eye on where your money is going. During this time, ask yourself critical savings questions such as, should I refinance my home? Or are there way s to lower my insurance costs? Being smart about these expenses in advance will lessen their impact on your costs before you begin renovating.

Details

From crown modeling to simple lighting fixtures, details tend to add up. It's always a good idea to keep track of the little things before you renovate, as these can sometimes be the most important. Simple things like the amount of dust you'll have to deal with throughout the process are easy to overlook. Be prepared with supplies to clean renovation dust regularly if you plan on staying at home during the remodel. Try to be meticulous with timing as well. Easy to overlook details such as timing and living complications should be considered well in advance. For example, summer months are typically a better time to plan to renovate as you won't have to worry about weather complications, and you'll most likely have more free time to supervise the work. Try making a list of details you won't want to overlook in light of which room you're choosing to renovate. There are numerous details to consider should you be doing a kitchen remodel as opposed to a bedroom renovation.

Future Plans

Be sure to assess how this renovation will impact your future. Work closely with your contractor and discuss openly how your relocation ideas can add value to your home. Whether you plan on staying in your home for years to come, or you're looking to move out soon, renovation value is always a plus. With every decision you make as you plan changes to your home, look to the future. From color schemes to counter tops, ask yourself if your design choices will stand the test of time. Though creativity shouldn't be discourages, some of your more bolder design ideas might not be in your best interest in the long run.

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