If you're a homeowner planning for a much-needed revamp or considering buying a fixer-upper, understanding the true cost of renovation is crucial. It’s not just about buying paints and a few nails; the entire process can become complex, extensive, and expensive depending on your goals.
In a home renovation, cost estimation becomes a real challenge due to a multitude of variables involved. But don't worry, we've delved into various platforms like Angie's List, HomeAdvisor, Thumbtack, Houzz, Porch, and BobVila.com, and came up with a comprehensive guide. This article aims to give you an insight into understanding and estimating the ultimate cost of your upcoming home renovation plan.
The initial step is 'Planning and Assessment.' This stage includes making a list of all your renovation desires, goals, and requirements. By reviewing sites like Houzz and Porch, you can gather ample design inspirations and tabulate the most suitable layouts, designs, patterns, and color schemes.
The second crucial step is 'Budget Estimation' where you take into consideration your financial condition and the anticipated money that you are willing to allot for this renovation. Hopping onto Angie's List or thumbtack.com will give you an overview of various service costs, giving you a better understanding of how to allocate your budget.
Thirdly, 'Hiring Professional Help’ is seldom optional. DIYs can save you money, yes, but for larger projects hiring an experienced professional is advisable. You can consult HomeAdvisor or check BobVila.com for competent domains that will not only provide a high-quality service but also save costs in the long run.
The fourth step is the 'Renovation Process' where the actual work occurs. An interactive platform like HomeAdvisor can help you get the best quotes for the services you require. Also, during renovation, it's crucial to keep a daily check on the expenses to avoid unwanted financial strain.
Lastly, after the construction is done, 'Cleaning Up' is an integral part of the process. Services like those found on Porch.com can help you declutter your space and make sure that your renovated house is ready to live in.
As per our study on home renovation costs on various forums, an average kitchen remodel ranges from $13,000 to $37,000, whereas bathroom renovations might cost between $6,000 and $15,000. Remember, these are averages. Your final cost can go up or down depending on your choices and requirements.
So, before you jump into a home renovation project, understand the process thoroughly and plan accordingly. Your dream home is waiting for you!
Decoding the True Cost of Home Renovation
