Creating the right budget for your remodeling project is not easy. How can you ensure that you have enough to cover the costs of the entire project? What factors should you consider? How do you plan for surprises along the way?
Legacy Design Build Remodeling, the premier home remodeling company, shares some expert tips to help you prepare a budget for your remodel:
Decide How Much You Can Afford
Setting a budget for your remodel and sticking to it may sound simple, but it’s actually harder than you think. On average, kitchen remodels fall on the more expensive side when it comes to home improvement projects, but it doesn’t always have to be that way.
Your neighborhood, and the length of time you’ll be staying in the house should also be considered. After all, you don’t want to spend too much on your property only to leave it behind three years later.
Make a List of Your Priorities
Planning for a kitchen remodel can be quite exciting, with all the materials and colors to choose from, as well as the different appliances to invest in. That said, do you really need all of them or are they just an additional expense? We recommend writing down your priorities, like replacing damaged flooring or inefficient windows, then writing your wants second. This way, if any unexpected costs hit your budget, you can still get the most important things done. As an experienced home remodeling contractor, we can help you prioritize the upgrades in your kitchen so that you can make the most of your investment.
Set Aside an Additional 20%
No matter how much you prepare for your project, an unexpected problem can always come up and ruin your schedule and budget. Whatever the reason, it’s important to be prepared for such instances. Setting aside an additional 20% of your entire budget can help cover the cost of these emergency expenses.
With your budget in check, work only with a reputable contractor for your kitchen remodeling project. At Legacy Design Build Remodeling, we can transform your kitchen into a beautiful and efficient space. We serve Phoenix and the surrounding AZ communities. Call us today at (480) 372-5001 to request a quote.