After spending years walking through the same layout, you’ve finally decided to switch things up with a bold move, and there’s no better way to do so than by getting a home remodel. Home remodels, however, can be pricey and require planning to be done correctly. If this is your first time getting a home remodel, you might not know where to begin. This is where we come in as we’re here to guide you through the process to ensure your home remodel is a successful one. In this post, we’ll be going over what you need to prepare before getting a home remodel.
Prepare for Some Chaos
Getting a home remodel isn’t always a smooth process. There are ways to make it go smoothly, but often, you will experience a few bumps and hurdles along the way. These can become a great source of frustration, and understandably so. We’re talking changing the interior of your own home. Before jumping into this excursion, it’s best to steel yourself to deal with a bit of chaos here and there.
Secure the Necessary Funding
This is where the chaos most commonly occurs, the financial aspect. Getting a home remodel is very expensive. There’s no set price as how much you must pay depends on quite a few factors. You’ll be paying more money if you’re planning on having extensive work done. On average, you can spend somewhere around $100,000 to $200,000 for the whole project. With such a high cost, you may not be able to afford it out of pocket. Fortunately, you do have a few alternative methods to finance this project. The first and quickest way to pay for it is to apply for a personal loan. A personal loan is a lump sum of money you can use for virtually anything, including a home remodel. Make sure to pay off any lingering debt you have before applying, so you can get your finances in order and with the best score. If your debt-to-income ratio is too high, you’ll either receive less on the loan, secure a higher interest rate, or be rejected entirely.
Research Interior Designers and Contractors
Your personal style is a huge factor in your interior design plan. If you are someone who loves modern minimalism then bold wallpaper and a green velvet sofa are likely not going to suit your tastes. But if you’re struggling to figure out the new layout and décor of your home, hiring an interior designer is a great idea. Interior designers are masters of their craft; their job is to build beautiful indoor spaces that are safe and functional. However, you don’t want to go with the first option that appears on your screen. With a project this important, you need to be certain of the interior designer you choose. The same goes for contractors; remodeling contractors can be hit or miss if you don’t do the appropriate research. Make sure to compare quotes from them and always read the reviews left by previous clients.
As you skim through the reviews, it’s important for you to know that there will almost always be a handful of unhappy clients. You shouldn’t pay any mind if the consensus is positive. But if there are more negative reviews than positive, it’s in your best interest to keep looking. Furthermore, beware interior designers and contractors that have cheaper prices. While saving money is always tempting, you need to consider why some rates are lower than the average. Lastly, make sure to check the BBB for any complaints.
Inform Your Neighbors
If you’re planning on a small remodel, you can simply skip this. But if you’re planning a full on remodel, there’s going to be plenty of construction involved. Construction can be very disturbing to your neighbors, so it’s best to let them know what’s happening before the team arrives.
Decide on Staying or Leaving the Property
Speaking of construction being disturbing, you need to decide on whether you’ll be staying at the house. The truth of the matter is that constantly having to watch your step and outright avoid certain areas of your home can be very uncomfortable. It’s recommended you leave if the remodeling project is extensive enough. That way, you can go about your daily routine without worrying about the construction crew getting in your way and vice versa. You can stay at your family, a trusted friend or budget for a long-term hotel stay. Make sure to consider your options before coming to a decision.