Hire a pro- Good architects, designers and contractors
will add to the initial cost of the project, but can save you
money and frustration in the long run. There experience will
help you find design pitfalls early that can cause budget and
timeline creep later. So how do you find a good architect or
contractor? The best way is through word of mouth and referrals.
Talk to your friends to see if any of them recently used either
and if they were happy with the results. Local builders can also
provide referrals. Another great source can be your local parade
of homes or home builders association.
Design Fees and Contractor Costs - Most large scale
remodeling projects will require the services of a professional
interior designer, architect or contractor. Insist that each bid
include a detailed propose on the scope of the work. Do some
analysis to determine if the fees are comparative when you shop
for rates. The bargain rate firm may leave you with the clean-up
and finishing work. The pricier bid may include oversight costs
that you can do yourself. Be sure you are comparing apples to
apples when reviewing the bids.
Planning is Key- Like any significant project,
planning is a key to success. Take the time early in the project
to spend the quality time needed to make informed decisions
ahead of time. Be sure to adequately review bids from
contractors and don't select a contractor just because they are
the lowest cost provider or are available immediately when you
need them. Do your homework. Choose the design materials
carefully to avoid costly changes later.
Develop Goals- Develop cost and timeline goals and
stick to them as much as possible. Breaking the remodeling
project down into smaller elements makes it easier to estimate
the costs and manage the timeline later.
Helping Hand- Stay involved and pitch in where you
can. By removing old fixtures, cabinets or doing other clean-up
work you can save on the overall remodeling project. If capable,
do some of the final finishing work yourself to also drive down
the costs. Painting, touch up or installing faucets or other
fixtures yourself can keep you within budget and give you the
satisfaction of knowing you did some of the work yourself. Check
out these great painting tips at the Pleasure of Paint - an
exerpt from Barbara K's book on Room for Improvement: Change
Your Home! Enhance Your Life! With Tools, Tips, and Inspiration
from Barbara K!
Design Choices and Customizations- Using custom
cabinetry, windows, doors or other products can quickly drive
the costs up for any remodeling project. This is one of the area
where you can exercise a great deal of control over the
remodeling costs. A standard window at your local home
improvement store may cost $300, but a custom-sized window will
cost at least double. Some elements of the project will need to
be site specific and possibly customized. But some product
categories - such as windows, doors and cabinetry - offer a wide
variety of standard or semi-custom choices. Adding your own trim
or embellishments later may make these standard choices look
customized.
Stick to the Plan- Don't let yourself get side
tracked. For example, if you are painting your bedroom and you
discover that the adjoining bathroom paint now looks dingy,
don't get side tracked. Schedule the bathroom paint upgrade for
another weekend. The desire to add or change along the way will
be tempting and may prove irresistible. If your remodeling
projects stick to the original plan, most would finish on time
and within budget.
The key to avoiding cost overruns and other pitfalls during
your remodeling projects is to properly manage the variables
along the way. Estimating the costs is both an art and a
science. The better you plan, manage those variables and stick
to the original plan the more likely you are to be satisfied
with the project and complete it within your cost and timeline
budgets