6 Steps to a Successful Home Renovation

Home renovation and remodeling projects have increased exponentially in the past few years! With homeowners spending more time at home, they realize that now is the perfect time for improvements! In addition to increasing functionality and comfort, remodeling and renovations are much less expensive than buying a new construction home and moving. And, if you like where you live and have established a strong community, a move might not make sense!  According to RocketMortgage, an average remodel ranges from $15,000 to $200,000, depending on project time, length, size and location. Some projects are more demanding than others, but all homeowners agree that the upgrade benefits make it worth it.

Many homeowners jump into these projects headfirst without any research, so here are some home renovation tips from KNOWAtlanta that are sure to help you along the journey.

Research Your Home Renovation

The most important tip is to do research! Find what other homeowners experience while remodeling and how that will translate into your life and your project. Additional research also helps to understand the responsibilities and decisions that come with remodeling a home.

Many HGTV lovers enjoy shows like Property Brothers and Fixer Upper who are quick to show audiences witty banter and quick-to-resolve problems, but that is not always the case when it comes to actual home projects. Anyone who DIYs or hires out knows that unforeseen problems come out of the woodwork. Be prepared to navigate these issues and understand that they come up with most home remodels.

Know What You Like

This seems easy, right? It shouldn’t be too hard planning a totally new bathroom after months and months of putting together Pinterest mood boards. Wrong. While hundreds of inspirational photos are great, you now must narrow down styles, fixtures, tiles, appliances and much more.

Browse through those mood boards and begin cutting out anything that doesn’t seem essential. Can’t live with pink bathroom tiles for 10 years? Move on to something else. This is a long-term investment, so be prepared to think about how the changes will impact the home in the future and take into account tastes and styles evolving as the years pass.

Plan Ahead

When renovating, create a budget and plan in advance so materials can be bought, contractors can be scheduled and the project can be completed in the desired time frame. If the project is not a major overhaul, confident homeowners can easily tackle the project in their spare time.

Work with the contractor to make material selections for the new space. Having these two essential steps complete allows homeowners to easily plan the length of the project and the costs involved.  When estimating costs, be sure to allow for a contingency in the financial budget if any unexpected problem occurs and plans require a detour.

Top tips to keep in mind:

  • Cut costs when needed
  • Balance high and low-end materials
  • Decide on top renovation needs and priorities
  • Figure out financing

Research Renovation & Remodeling Contractors

Contractors can make or break a project. Professional contractors get the job done safely, correctly and efficiently, especially working with electrical and plumbing components or an addition. Want to add a firepit out back to enjoy during the cooler fall and winter evenings? Have a friend who just added one to their house? Get them to help! Wanting to change the floor plan of the home by adding a home office or redesigning the kitchen, it’s time to hire a pro!

When it comes to contractors, homeowners get what they pay for. Start by going to the Greater Atlanta Home Builders Association or to NARI to see if they have a member in your area. These local associations have standards for membership that go beyond the state’s basic licensing requirement. A little bit of research on sites such as Yelp or reading Google reviews provides an idea of where to start. After selecting potential contractors or remodelers, set up virtual or in-person consultations to learn more about their personality, work ethic and price.

Sign a Contract

Many homeowners meet and greet a contractor and fall into the “honeymoon” phase. Excited to begin a remodel or renovation, they forget to draw up a contract that lays out important information like payment, timeline, penalties and work details. A contract protects both the remodeler and homeowner and ensures that both people enter the agreement understanding what the expectations are.

Set Realistic Expectations for Your Home Renovation

It is important to know that home renovation projects, whether they are minor DIY changes or major whole-house renovations, take time. Depending on the scale of the project, expect a 10 to 20% overage on both time and budget. Setting these expectations upfront will ensure no one is blindsided when a project takes longer than initially planned or goes over budget.

While home renovation projects are a big undertaking, they’re also incredibly exciting. With changing lifestyles, now is a great time to consider how you want your home to function for your family. If the desired renovations are too expensive or complicated, it may be a good time to contemplate buying a new home that better fits your current needs.

Stay updated with the newest home trends by clicking here or start your new home search today on KNOWAtlanta.com/category/find-a-home.

5 thoughts on “6 Steps to a Successful Home Renovation”

  1. You made a lot of great points on planning a successful home renovation. I agree that it would be important to plan things in advance. One of the things you should plan in advance is waste removal.

  2. Thank you for the insightful article. Unfortunately, home renovation can sometimes come with a hefty price tag. However, for those attempting to achieve a complete home renovation on a budget, there are ways to make it work. There are affordable alternatives, such as resealing the bathroom, restoring deck and porch surfaces, painting walls, and adding ceiling fans. These minor projects can still make a significant difference in enhancing our living spaces.

  3. Great article! Home renovation can be a rewarding experience, but it’s essential to go into it with eyes wide open. One additional tip is to consider sustainability and energy efficiency in your renovation plans. Upgrading to energy-efficient appliances, improving insulation, or installing solar panels can not only reduce your environmental footprint but also save you money in the long run. It’s a win-win for both your home and the planet! Remember, the more you plan, the smoother the renovation journey will be.

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