It’s no secret that fixing up and remodeling a home is a major undertaking. Stories abound of couples who got to the breaking point while dealing with cost overruns from a remodel project that spiraled out of control. While stories like these can scare off some homeowners from the idea of redoing their house, the fact is that a well-done home renovation can be valuable in many ways.
The Advantages of Remodeling a Home
Buying a new home is an expensive proposition, especially with the ups and downs of the modern real estate market. A family that has lived in a home long enough to have paid off some of the home’s mortgage has the advantage of using a home equity loan to pay for a remodel. Taken out at a low interest rate, this kind of home loan financing can be a very affordable and effective way of paying for a home redo. If the renovation is done professionally, the added space and good looks achieved through remodeling can add a lot to the property’s value, and that’s not a small thing at all.
One of the keys to pulling off a successful home remodel is to really get clear about your vision for your dream home. What are the details you’ve always wanted in a home that you don’t have currently? A big picture window? A redwood deck? A large bathroom with stone tile and a luxurious spa? Think through what elements could work in your home and start to get a feel for what your budget is.
There are a lot of great resources that can help you envision the details you want in your remodeled home. Magazines like House Beautiful and Vogue Interiors have photos of beautiful homes, and houzz.com is another great resource for remodeling idea. Play with your dream ideas and then hone them down as you get your budget in order.
Working With A Solid Contractor
When it’s time to bring those dreams of a beautifully redone house into reality, that’s when it’s time to find a great general contractor to oversee the project. A contractor can work closely with the homeowner and make plans in advance that will help to really visualize the finished remodel. This is a very important strategy, and advance planning will save a lot in making changes once constructio
n has begun. The smart plan is to think through the remodel and make any changes while still in the design phase, before the budget meter is running.
How can a homeowner find the right contractor to oversee the job? Now it’s much easier to find a contractor, by using one of the great online resources for remodeling. Take a look at one of the websites available for finding local contractors and schedule a free phone interview. Before you know it, you’ll be planning the home of your dreams.