
Do Your Research
The number one regret that many homeowners have after a remodel is wishing that they had been better prepared. It is critical to do a thorough amount of research beforehand. Carefully choose your home remodeling contractor and research the pros and cons of each material you are considering using.
We recommend getting at least three bids, accompanied by no less than three references from each contractor. It is a good idea to visit the references and get a firsthand account of their experience before making any commitments. Don’t just go with the lowest bid. A little more money is usually worth it. Always read your contract carefully, with special note of the fine print. For example, remodeling contractors from the two largest home remodeling centers demand full payment up front unless it is forbidded by local state laws.
Set and Stay In Your Budget
A very frequent complaint seems to be that home remodleing projects can easily get over budget. The two largest home centers calculate a set price for installation that they will maintain unless there are unknown circumstances beyond their control. Circumstances like dry rot, leaky pipes, or termite damage. Some projects like cabinet installation in a kitchen remodel will necessitate a close up inspection ahead of time before they will calculate a price. Only 45% of homeowners who used a home center contractor felt that they did a good job of keeping the costs low. However this is still better than the average of 55% for the rest of home contractors.
Expect the Unexpected with Home Remodels
Even with the best home remodeling contractors there can still be surprises once they get a good look at what is beneath or behind the area that they need to work on. Be certain that you have a provision in your contract for a “change order” clause. This is an addendum that clearly specifies any changes that your contractor would need your approval to make. That approval should have a written plan for how the change would affect the cost and completion time of the project.
The National Association of the Remodeling Industry recommends that you appropriate 10-20% of your available money for a reserve supply. This will help cover any unplanned costs of your home remodel and maybe some redecorating when you finish. Don’t create any surprise expenses for your contractor. A good remodeling contractor will work with you to quickly decide what you want and stay with the plan.
Be Involved and Accessible
Many homeowners have felt that they were not being kept in the loop as their project progressed. To prevent this problem, make time each day to speak with whoever is supervising the work. Be sure to trade cell numbers with them. Make sure you look at the work once a day to know that it is progressing as you want it to. If you have any concerns bring them up right away when they are still smaller and easy to fix. If you wait is will only become harder and more expensive to fix the problem. A rewarding home remodel is dependent on good communication with your contractor.
Your Minneapolis Home Remodeling Specialists – Iron River Construction
We trust this gives you some valuable advice on your home remodeling journey, starting with choosing a good contractor. At Iron River Construction we want you to come away from your remodeling experience completely satisfied. We stand behind our quality work and customer service. Please contact us for all your home remodeling needs and to schedule a free, no-obligation remodeling consultation.
