All in a Day's Work

How To Match Home Remodeling Ideas To A Budget

Home remodeling ideas and budgets aren't always the best of friends. Bringing your renovation plans in line with a budget requires some planning. You can do these 6 things to better align your remodel with its budget.

Hire a GC

A general contractor is a useful person in coordinating many elements of a renovation project. They can assist you in finding appropriate subcontractors, negotiating deals for materials and jobs, and making sure the phases of a project don't interfere with each other. Each of these tasks is about efficiency, and a GC can work hard to ensure a remodel will move as smoothly as possible.

For example, they can ensure that tasks stack in a reasonable order, such as plumbing and wiring going before drywall and painting. This will ensure that your subcontractors won't duplicate any efforts unnecessarily.

Value Reputations

When you hire a general contractor and they start looking at subcontractors, place a premium on proven reputations. It is better to budget quality and consistency now. The alternative is risking redoing work if an unreputable company messes things up and you have to budget more work.

Track the Prices of Materials

If you want to make the most of your budget, plan around materials costs. Suppose structural steel is more expensive than lumber. You might then want to use more wood.

Substitute Goods

Any time you can substitute goods to save a dollar without sacrificing quality, that's going to benefit your budget. For example, consider the advantages of using quartz countertops over something like marble. Not only will the upfront and long-term costs likely be lower, but you'll get a material that performs better in a wide range of situations.

If you can avoid being wed to a specific product or material, you'll have greater flexibility with your budget. This is particularly important during competitive parts of the home remodeling calendar and during periods when supply chains tighten.

Avoid the Seasonal Peak

Do not fight your neighbors for contracts, supplies, and time. Your budget will do a lot better if you can move at least part of a renovation effort into a slower season. If you have to beat the weather to remodel the outside of your house, for example, you may still move some of the indoor work into the fall or winter.

Contract Early

Companies want to have the slots in their calendars filled as soon as possible. This helps them plan how they'll deploy their people, equipment, and resources. Sign a contract early and make a deposit so you and your GC won't be negotiating for contractors' limited time.

To learn more, contact a general contractor in your area.