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Home Remodeling Tips

By Elizabeth R. Elstien

Are you interested in remodeling your home? A minor kitchen remodel, bathroom addition (good if you only have one bathroom) or major kitchen revamping are the best changes to make to your home, especially if planning to sell in the future and you wish to recoup your remodeling costs in the sale. Following are some remodeling tips to benefit all types of homeowners.

Value Versus Needs

Decide if the improvement is to increase value or meet changing household needs or desires. To increase value, the improvement should not make your house worth significantly more than other homes in the neighborhood or you won't recoup your costs. If the improvement is for enjoyment or necessity, cost is less of an issue.

Think The Project Through

Think the project through to save time and money. Make sure all parties involved agree on the plan. Choose your materials wisely to be certain you have the best your budget can afford and you know how to use and maintain them.

Do-It-Yourself Or Contractor

Figure out who should do the improvement. Is this a do-it-yourself project or is more experience involved? Generally, projects such as wallpapering, painting and carpeting can be done by the homeowner, but a contractor should be hired for all major projects.

Decide On A Contractor

When deciding on a contractor, get referrals from friends, neighbors or family who have recently remodeled. Take a minimum of two prospective contractor bids. Check out company references, the local building department and the Better Business Bureau before hiring a contractor. Also, find out if the contractor is licensed for your specific project. This is particularly important if you intend to sell in the near future, as the improvement must adhere to local codes in order to pass inspections that lender's require.

Clarify Contractor Liability

You must carefully clarify contractor liability. Contractors are generally required to guarantee their labor and installation quality for a specified period of time. Manufacturers also usually guarantee their building product. It is best to let the contractor buy any building product/component to ease liability concerns if there is a problem.

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About The Author

Elizabeth R. Elstien has worked in real estate for over 15 years as a real estate...

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