Many Chandler area homeowners are growing increasingly uncomfortable in their own home as their lifestyles and needs have changed, and some are even fed up with their home décor. If you can relate to this, you may even be toying with the idea of moving out of your home and into one that has a better style and layout for your family’s needs and preferences. However, the thought of taking on the stressful and expensive task of moving does not sound appealing.
An alternative that may work well for you is a home remodel. Remodeling your home is often a cost-effective and less stressful way to create a living space that meets all of your needs. You understandably want to know how much your project will cost and how long it will take to complete. A closer look at a few important factors helps you to get the information that you need.
The Scope of Your Project
Each homeowner in the Chandler area who is thinking about remodeling their home likely has different project ideas in mind. For example, your primary concern may be the front entryway or the kitchen. On the other hand, you may want to re-create the entire downstairs area or the entire home. Perhaps a home addition appeals to you. Before you can determine how much your project will cost and how long it will take, define the scope of your project. Create a prioritized list, and think about the materials you hope to use. All this affects the timing and cost.
The Creation of a Realistic Remodeling Plan
Once you have a good idea about the type of work that you want to complete, determine how much money you have available to work with. Some people use cash from their personal bank or investment accounts. Others borrow money from a mortgage refinance, a home equity loan or even a personal bank loan. When you understand the amount of funds you have available to complete your project, you can then consult with a general contractor to get an estimate for each major component of your project. Breaking down the project into sections helps you determine how much of the project you can complete with the funds available.
Establishing Realistic Expectations
Many homeowners in Chandler who are thinking about remodeling have grand visions of what their space could look like. However, keep in mind that a luxurious kitchen remodel using high-end appliances and finishes may easily cost more than $50,000. On the other hand, a mid-range remodel of a smaller kitchen could cost $20,000 or less. Larger spaces with finer finishes often take more time to renovate as well.
Your home’s square footage and your selection of materials plays a role in your plans, as does your choice in a general contractor. Some contractors like Alair Homes Chandler have a greater ability to leverage their reputation and secure value pricing. Some also have relationships with subcontractors that can help you to get to the top of their calendar so various stages of your remodel are completed in a timely manner.
Hiring a skilled contractor to work on your home remodel is essential if you want to complete your project on time and on budget. To learn more about the possibilities for your space, set up a consultation with Alair Homes Chandler today.