Many factors play a crucial role when it comes to home remodeling. It is vital to clearly understand your home remodeling estimate to make sure the project runs smoothly.
Your remodeling estimate should be supplied to you in writing, and if there is anything you are not sure about, ask the contractor to clarify the point both verbally and in writing.
Having a clear understanding of all work that will be undertaken, will help to ensure the project is delivered on time and to budget.
Planning Ahead
Even the most basic home remodeling project requires advanced planning. It is easy to think that remodeling a bathroom or a kitchen are simple projects, but in fact there are many important points to consider.
You should decide exactly what kind of project your home needs. Using a bathroom remodeling project as an example, try to decide early on if you would like only the bath and units replaced, or if you would like something more fundamental.
Some homeowners are just looking to have units replaced, whilst others would like flooring and pipe work replaced as well. Knowing exactly what you want before you even call a contractor is the best way forward on any home remodeling project.
Budget
Be honest with yourself and your contractor when it comes to the budget. If, you can’t afford marble floor tiles don’t ask the contractor to quote for them. Staying on budget is as important as choosing the right materials. A budget overrun may result in a bill that you can’t pay, and financial problems are best avoided.
Make sure the budget for the project is as detailed as possible. Don’t be afraid to ask for a list of materials that are going to be used, and request a schedule for each step of the project. Some contractors ask for payments at various stages of a project, and it is important to know when you need to pay your contractor.
Compare
Yes, you might really like the first contractor that comes to your home, but always ask for at least 3 estimates. However, it is not only the estimates that are important. The professionalism of the contractor should be a top priority. How much experience does he have, and can he supply you with feedback from previous projects.
It is best to hire a contractor who is both local and can supply customer references you can verify. Homeowners are often reluctant to check out contractors, but it is an important part of the process.
When you receive your estimates, sit down and go through the estimate one by one and compare them line by line. Understanding price differences is as important as the final price. It could be that one contractor is using better quality materials, while the next one is planning on using cheaper materials.
Finally, remember that an estimate should not only include materials, price and a detailed time schedule. Warranties must be factored into the final estimate. This will help to avoid any legal issues should you have problems with any part of the project once it has been completed.
Value for money doesn’t necessary mean the lowest price. Choose a home remodeling contractor who offers the best balance of quality materials, price and professionalism.