Are you thinking about remodeling your home in the Sanibel area? A remodel is an excellent way to make your home more functional and aesthetically pleasing. It also can increase property value and help you to sell the home more easily when the time comes to do so. Many people prefer to remodel rather than to go through the stress and expense associated with relocating to a new home. Before you finalize your plans to update your home, you may be wondering how much this type of project costs and how long it will take. The time and cost associated with remodeling your home varies dramatically by your area, the types of materials used, the significance of the project and more. When you reach out to our team at Alair Homes Sanibel, we can provide you with specific information based on your goals.
Determining Your Budget
You can customize your project specifically to conform to the funds that you have available. Therefore, a smart step to take to get started planning is to review sources of funds available. You may dip into your own cash accounts, but many local homeowners in Sanibel choose to finance at least a portion of the cost. A home equity loan, a HELOC or a cash-out refinance mortgage are thoughtful options to consider. It can take several weeks or more to get approved for these types of loans, so consider lining up your financing ahead of time. Once you know how much money you have available to work with, you can begin planning out your project in detail.
When you have a better idea about the cost of your project and its scope, you can reach out to reputable contractors to request cost and timing quotes. Remember to vet contractors carefully before hiring them. This includes checking references, reading reviews and more. You can also get an idea about how disruptive the remodel work will be to your daily life. For example, for a serious and in-depth project, you and your family may need to relocate to a hotel for a short period of time.
Finding Competitive Estimates
Requesting several quotes from contractors is a great way to identify which company has affordable rates and reasonable timing estimates. However, you may want to have some general background to base your expectations on. A high-end bathroom remodel that includes replacing plumbing features, cabinetry, counters, flooring and tiles will cost as much as $25,000 depending on the size of the project and the materials used. It may reasonably take two to three weeks, and your bathroom may be out of commission for most of this time. The national median for a kitchen upgrade is $26,000, and fully remodeling a kitchen has an average cost of $58,000.
Remodeling your home can be an expensive and time-consuming endeavor, but the results will be worthwhile. Updating your existing space is often usually more cost-effective overall than to move into another home that perfectly meets your list of current needs and desires. At Alair Homes Sanibel, our general contracting team can help you to improve the functionality and style of your home to your satisfaction. Now is a great time to contact us and to get more information about what we can do for you.