| When we talk about home remodeling, we used to | | | | and don't forget to incorporate labor, materials, and |
| think that it was only a job for home builders and | | | | miscellaneous expenses (transportation, |
| contractors. Today, however, it is a different story. | | | | representation, etc.) in the overall financial plan. |
| Now more people are leaning toward the DIY (do it | | | | 3. How does the entire process start? |
| yourself) generation. There are numerous videos and | | | | If you plan properly then you've got half the job |
| testimonials on television and the Internet showing | | | | done. Itemize everything that you intend as input in |
| off amazing home transformations through DIY | | | | the home remodeling. Along the way you will ask the |
| projects. | | | | opinion of a professional, so before you finalize your |
| This begs the question: Is it really that easy? | | | | plan you should talk to plumbers, contractors and |
| Before you jump at the next design that your heart | | | | other people in the business. If you can, you may |
| desires for your home, be ready to ask yourself a | | | | even ask people who have just had their homes |
| few questions. (And don't forget to answer them | | | | remodeled about their expenses and related costs. |
| along the way!) | | | | Compare, compare, compare. Prioritize your needs. |
| 1. What do you really want? | | | | 4. Which projects are the most important? |
| If you want a lifestyle change, opening up a space | | | | The most important projects in your home are the |
| for a new person in the house, or simply a change of | | | | ones that can bring a lot of value to the property. |
| taste, you should make your intentions clear. Having a | | | | Such projects are typically ones involving your |
| clear vision of what your intended outcome is will | | | | kitchen, living room, bathroom, front area, staircase, |
| help you make decisions along the way. | | | | etc. If you're uncertain of what will increase the value |
| 2. What can you afford? | | | | of the property the most, you may consult a real |
| Just like how you intend for your home to look, how | | | | estate agent with this. |
| much you are willing to spend must also figure into | | | | Once you have these things covered, start cleaning |
| the home remodeling process. This is even trickier if | | | | up to prep your home for the remodeling process. |
| you're going to borrow the money you will use in the | | | | Once you declutter it will be easier to determine |
| home remodeling. Come up with a realistic budget, | | | | which areas really need improvement. |