Guide to Home Renovations

By
Mortgage and Lending with FHA, VA, Jumbo, Downpayment Assistance, Conv. NMLS #276329

 

During home renovations it’s important you know what a significant home renovation project may entail. Between planning, creating a budget, or preparing your home, a lot of steps make up a home renovation. To ensure you have the best experience possible follow this ultimate guide to home renovations!

 

 Develop a Plan

Before beginning any home renovation project, it’s essential to have a plan. With home remodeling, knowing what you want versus what you need will help you down the line if you need to make decisions between specific elements, such as choosing between granite or marble countertops and vinyl or laminate flooring. It may be a good idea also to establish a list of goals within your home renovation project plan.

 

Establish a Budget

The next step in your home renovation process is to establish an efficient budget as this will help you avoid overspending. To successfully create a budget, first, assess how much money you’re willing to spend. To do so, start by researching average costs for remodeling projects.

 

Hire a Professional

Once you finalize your project plan and budget, it’s time to hire a professional to get the job done. Rather than choosing a contractor at the lowest price, try to speak with at least three professionals to ensure they’ll get the job done right. It’s best if you make your decisions based on their years of experience, background check, and payment methods, as most pros won’t make you pay the full price upfront.

 

Create a Timeline

Once you have your pros for your project, work with them to develop a timeline. Begin by choosing your start date. Or, if you have a completion date in mind, instead plan backward from the finish date to establish your start date; that way, your timeline is still accurate. Additionally, speaking with your contractors can give you a realistic idea of the length of time. 

 

Prepare Yourself and Your Home

You need to prepare yourself as well as your home for the improvements ahead, especially if it’s a significant project. You should decide if you want to live in your home during the renovation, or if it’s best to find another space. Major remodels such as a bathroom or kitchen can make your day-to-day life difficult, so knowing how to manage daily routines will be beneficial for you and your family.

 

Ultimately, by following this guide, you will have a complete remodel that you’ll be sure to love.

 

Source: https://fhmtg.com/2019/12/30/the-ultimate-guide-to-home-renovations/

 

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Lisa Perry, Senior Loan Officer

"Your Northern VA Mortgage Specialist"

540-273-2733

NMLS ID #86548 / 276329

Email:  LPerry@fhmtg.com

Apply on line:  LisaPerrryLoans.com

 

 

 

 

 

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Comments (2)

Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Lisa,  Thank you for sharing this home renovations guide.  Time line is one of the places that we usually seem to go off our plan.  Some things just take longer than they should.

Jun 11, 2021 06:51 PM
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Jul 01, 2021 06:45 AM