How To Plan a Home Remodeling Budget in 2017 - Image

A new year always presents a useful benchmark for choosing to remodel your home. The phrase, “This year, we’re going to redo our…” is an exciting one. It means you’ve committed to revamping dated aspects of your home, providing a new look and feel for the new year.

But there is a daunting side to home improvement: the cost. And more so, staying within a predetermined budget. We at MilMar Post Buildings and Construction wanted to provide a bit of advice on how to get the most out of your project without breaking the bank. Here’s how:

1. Stick To Your Guns
During the planning process, draw a hard line for how much money you want to spend. Costs can spiral out of control when you start making additions. So get quotes, plan accordingly, and don’t do anything outside of what you can truly afford. In the name of transparency, receive an itemized list to ensure you’re getting exactly what you’re paying for – no more, no less.

2. Investment or Improvement?
The second question you should ask yourself after “how much can I afford” should be “how long will I be staying here?” If you’re living in your forever home, being comfortable should take priority. If you’re planning on moving within a few years, consider your remodel an investment into your home. Only put in what you will get back.

3. The Unexpected Becomes the Ordinary
Despite everything, we’ve already told you, a challenging reality of many home improvement projects is that things may go wrong. Particularly in older homes, a contractor will expose parts of your house that have previously gone unchecked. Part of your budgeting should set aside a portion of the project’s total cost for unexpected problems.

4. Be Your Own Handyman
A great way to get the budget down is to commit to taking on part of the project yourself. Getting your hands dirty with a project can be extremely fun and will allow you to allocate cash to upgrade other components of the renovation.

Contact us at MilMar today for a free consultation on your next project. We’ve helped customers all across the Midwest erect impressive pole barns, and now we’re taking the same professional craftsmanship to the remodeling realm. We’d love to assist you on your next project.

Thanks for reading!

MilMar Pole Buildings