5 Things to consider to make a remodeling budget

Real Estate Broker/Owner

Are you planning a remodeling your home?

Definitely the total cost depends on the scope of the project, materials and payments to suppliers. However we share some things that can help you in this process.

1. Choose your priorities

Before pulling out your calculator, define the aim of your remodeling. You can make a list where you separate yourself what is needed against what you want. For example, remodeling the bathroom to fix the electrical installation. Define these priorities will help you make better decisions in this process.

2. Define where will the money

It is necessary that you determine where to get resources for your project will you use your savings? You will apply for a loan? Most importantly adjustments you that amount of money and your ability to pay.

3. Stay away from the computer and internet.

Visit exhibitions, specialty shops at home, ie before deciding with a photograph online or catalog, known textures and characteristics of the materials in person.

4. Hire a builder or make repairs on your own?

It is very likely that you can do some of the repairs, which can also be cheaper (unless something goes wrong), however, hire an expert it means that your project will be delivered with the quality you want. When making a decision, contemplate your time (your back and knees) and you can take your doing or hiring an expert.

5. Expect the unexpected

Regardless if you decide to make repairs on your own or hire someone, you should see 15% or 20% more than your budget for various extra expenses you can not determine the start of the project.



William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

If selling is in the future plans, do not over do the quality of the products you install

May 12, 2018 07:16 PM
John Pusa
Glendale, CA

Gustavo Torres / RE/MAX Rosarito Beach, Tijuana Coastal, Ensenada, BAJA 

great list of tips for a remodeling budget.

May 12, 2018 08:35 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Gustavo,  Thanks for sharing your list of things to consider when making a budget for remodeling.  You made some very good points here.

May 13, 2018 09:07 PM