Renovating your entire home is a huge undertaking that requires careful planning and preparation. It can take anywhere from four months to a year, and it's important to stay in touch with contractors, designers, and other professionals to ensure that the process moves forward. Before beginning any renovation, it's important to carry out an inspection of the property to check its condition and estimate the associated costs. Homeowners insurance policies typically cover renovations in the event of a disaster, such as a fire or storm damage.
When it comes to budgeting for a home renovation, it's smart to schedule and sign with a contractor to set material prices. Even a cheaper renovation (in which old appliances and cabinets are replaced with new ones, with no change in room layout) can generate profits when sold in the competitive housing market. If you're unable to afford a luxury renovation, consider talking to friends and family about the project or gathering ideas on Pinterest. When it comes to external renovations, consider adding a front porch or glazed deck.
It's also important to plan for the floor installation as late as possible in the renovation process. Windows should also be taken into account, as they can significantly increase your renovation budget. Make sure they don't rot around the window frames or condense. Insuring your home while it is being renovated is not enough; you must also ensure that the property is adequately protected against theft.
When renovating the interior of a home, you must consider the cost of demolishing the interior. If you own a historic home, keep in mind that renovations may be restricted under local laws. Sweeten combines home renovation projects with accredited general contractors, providing guidance and financial protection at no cost to the homeowner. This affordable range also offers more space to completely renovate a kitchen or bathroom, which are usually more expensive to remodel because they require electrical and plumbing work. Co-ops are generally stricter when it comes to renovations than condo buildings, although many condominiums are now also adopting stricter rules.