Make sure that contractors\u2019 estimates include the full scope of your project. Photo from Shutterstock.<\/figcaption><\/figure>\nGet quotes from several contractors, tossing out the bid from the one who gives you the lowest estimate. Going with this choice could be asking for problems, as low-priced contractors are known to cut corners \u2014 at your expense.<\/p>\n
4. Stick to the home remodeling plan<\/h2>\n
As the renovation moves along, you might be tempted to add on another \u201csmall\u201d project or incorporate the newest design trend at the last minute. But know that every time you change your mind, there\u2019s a change order, and even minor changes can be costly. Strive to stick to the original agreement, if possible. Even minor changes to your remodeling project\u2019s scope can add significant costs. Photo from Offset.<\/p>\n
5. Account for hidden home renovation costs<\/h2>\n
Your home may look perfect on the outside, but there could be issues lurking beneath the surface. Hidden imperfections are one of the reasons renovation projects end up costing more than you anticipated.<\/p>\n
Rather than scramble to come up with extra money after the fact, give yourself a cushion up front. Factor in 10 to 20 percent (or more) of your contracted budget for unforeseen expenses, as they can \u2014 and do \u2014 occur. Rarely, any project goes completely smoothly.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ready for a kitchen renovation? Anxious for a bathroom remodel? The easy part is knowing your goal for home remodeling \u2014 whether you\u2019re trying to keep up with your growing family, add office space, or increase your home\u2019s value. But figuring out how to plan a home renovation that doesn\u2019t break the bank can be […]<\/p>\n
Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":79,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,16,17],"tags":[18,19,29],"_links":{"self":[{"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/posts\/78"}],"collection":[{"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/comments?post=78"}],"version-history":[{"count":0,"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/posts\/78\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/media\/79"}],"wp:attachment":[{"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/media?parent=78"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/categories?post=78"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aesir.visualmodo.com\/prebuilt-website\/realestate\/wp-json\/wp\/v2\/tags?post=78"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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As a general rule of thumb, you should spend no more on each room than the value of that room as a percentage of your overall house value. (Get an\u00a0approximate value of your home\u00a0to start with.)<\/p>\n