Hi all! Summer break is in full swing! So is remodeling season!
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Custom Kitchen
New Construction
Time: 9 months
Cabinet Cost $15,000 |
In my newsletter, "dreaming of a remodel?" I spoke about setting a budget and a time frame. Let's start with budget. First major thing to think about...how are you paying for this remodel? Financing? Cash? This will help set your budget. It doesn't matter what type of remodeling project you are doing, an addition, new kitchen, deck, bathroom, home office, basement finish, they ALL have a budget. They also have a time frame for completion.
Once you have an estimated budget, now make a list of what you are trying to accomplish in your remodel. Tile backsplash? New flooring? New counter tops? New cabinets? Lighting? Hardware? Appliances? Furniture? etc This is precisely what a trusted professional will do when they come to your home. They will ask you all the pertinent questions. Possibly, ask you to fill out a questionaire.
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"penthouse"...remodel
Time Frame: 1+ years
(as funds permit) |
There are a lot of variables in every remodeling project. Ask yourself "why" are you remodeling? To prepare your home for sale? This project has been in the works for 10 years? Trying to achieve "dream home" status without having to move? Whatever your reason, this also helps determine budget in a round about way. If you are looking for updates to sell your home, then you most likely make economical cosmetic changes. That is a whole other topic. Again, this is where hiring a trusted professional can help you save money. They know where products lie in the price chart. They can guide you in the right direction.
So, your homework assignment:
One: figure out the "WHY?" Are you out growing your space? Are you transforming your college graduate son's room into your dream craft room? Are you adding a mother-in-law suite?
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Kitchen Remodel - For Resale
Time Frame 3 months
Cabinet Cost = $7000 |
Two: figure out the "WHEN?" Are you wanting this done in two weeks for your barbecue? Do you want it done by next June for your daughter's graduation? What ever the reason, you need to have a general time frame. Just an FYI, two weeks is not a viable time frame unless you are looking for a fresh coat of paint. Expect a 2-6 month turn around for your project, sometimes longer depending on the project.
Three: make a list of what you ultimately want in your remodel. Go for the, "if I won the lottery" scenario. Once you have your list, come back and see us. We will help you fit your wants into your budget.
Keep in mind, once you compare your list of wants with your budget, there will most likely be some trade offs. If your budget is realistic, the trade offs will be minimal. This again is the time to turn to the trusted professionals with whom you will be working with on your remodeling project. Watch for our future posts on setting a "realistic" budget for your remodeling project!
Happy list making.
