Home Renos: How to Prepare For The Unexpected

(NC) Renovating your home can be both exciting and daunting, offering the promise of a redesigned and refreshed space that looks and works better for you and your family. But as anyone who has lived through a renovation can attest, it's important to expect the unexpected.

Renovations often come with their fair share of surprises and complications, making the journey to the finished product a little bumpy. With that in mind, below are some tips to help you renovate and rejuvenate.

Do your research. Before embarking on a renovation project, take the time to meet with and get quotes from multiple contractors so you can compare costs and get a feel for the person you'll be handing your house keys. It's important that you ask for references to ensure your renovation is in reputable hands and that you feel comfortable with the contractor's work style.

Budget accordingly. Create a budget to help navigate the renovation process and manage expenses along the way. Remember to include the costs for both labour and materials, and factor in an extra 10 to 15 per cent on top of your anticipated costs to help cover any unexpected expenses. You may need to make some trade-off decisions during your renovation, so establish early on what is a necessity and what you could give up if needed.

Understand your financing options. Renovations can sometimes be pricey, but there are ways to finance the project that can allow you to feel more confident; planning ahead and having a financial plan in place will help to reduce stress and for you to feel more financially confident. Find more information on refinancing options @ www.karenreimer.org or feel free to give us a call... we're never too busy for you or your referrals.!

Article Source: News Canada