Targets to Fulfill While Remodeling and Refurbishing the Home

So you're thinking about remodeling... sure, who wouldn't want an updated, upgraded and overall better living space? Whether it's adding some new fancy amenities or reconfiguring a whole new floor plan, it takes a bit of planning and thinking ahead. But where do you actually start?

Here are some pointers (or targets to fulfill, so to speak) to help get you on the right track for your next big remodeling project.

Determine what’s wanted vs. needed

List out all the things that you’d like to see changed or improved in your remodel. Then list all the things that absolutely need to get done. This is important when trying to budget your finances. If you’re going over budget on a project, this list will help weed out all things that aren’t imperative. Having a jetted tub is nice in a bathroom to remodel, but is it essential?

Establish your budget and stick to it

Figure out how much you’re looking to spend and how much you have saved. Will you need to put your next kitchen remodel on some or all on a credit card? Possibly consider seeking out other sources of finance such as home equity loan, home-improvement loan, second mortgage, etc.

The second part is maintaining (or at least trying to maintain) the magic number. Once you've determined how much you can afford, try to plan on spending about 80% of it. Save the extra 20% for any of the "unforeseen". Anything not in the original contract will be an additional cost. Depending on what the circumstances are, it could be hundreds or possibly even thousands of dollars. Better to be prepared than stuck in a hole.

Start getting some ideas

It's a good idea to have a mental image in order to describe your vision to the designer; a great place to start is the internet, particularly Houzz.com. Houzz.com has hundreds of thousands of high-quality photos of every home remodel project you can think of and it's very easy to navigate.

Not computer savvy? Pick up some home magazines in your local book store or check out the library. Probably better off with the something current though to spot the latest trends in home remodeling in Austin, TX. If it's an exterior remodel, starts driving around your favorite neighborhoods, it's amazing how much you will notice when you start specifically looking for something!

Remodel strategically and think ahead

Try to determine how long you actually plan to live in your home. If you plan to sell in a few years, you may want to hold off on certain remodel projects, like adding that new addition to your home. If you go all out, you may wind up putting your particular Austin Real Estate beyond the average value of your neighborhood, making it harder to sell. This is just something to consider, by all means, if you enjoy your remodel for however long you spend in your home, it is worth it.

So before you jump right into your next home remodel, give some of these points a thought. They will help you to get organized resulting in saving time, money and unnecessary aggravation. Happy remodeling!

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Created on Sep 9th 2019 01:30. Viewed 203 times.

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