If you’re looking at starting a home renovation project you may have questions about the costs involved. There are a variety of factors that can come into play depending on your renovations plans. Here are a few you should be aware of.
Type of Renovation
The type of renovation you’re planning on can directly impact your cost estimates. A kitchen renovation is often considered one of the most costly to complete, while updates to a bedroom or office may be considerably less. Also consider if you will be adding any expensive appliances, moving walls, or redoing flooring. Each of these things may take a chunk out of your budget
Fees and Inspections
One often unconsidered factor in a home renovation are the costs associated with your building codes. Consider if you will need to acquire any permits or hire an inspector. If you intend to have any plumbing or electrical needs you may want a specialized professional to do that work. It’s a good idea to have a talk with your contractor about what their team can do and if any outside help will be required to meet code so you can budget for that from the start.
Your Contractor can Help
Finding an exact cost for your renovation can be difficult with so many factors involved. However, your contractor can help. They can provide an estimate based on labor costs, their estimated construction time, and the materials you know you want for a project. They may also be able to offer advice on how to break the overall plan in to step by step projects that will allow you to renovate without having to leave your home.
If you’re looking at the costs of starting a home renovation project remember to consider the type of project as well as any inspections fees or permit costs. Also remember to discuss your project thoroughly with your contractor. Not only will they be able to provide you with an estimate, but may be able to let you know of other factors you may not have thought of.