Four Costly Home Renovation Mistakes

renovation2If you’re planning a home renovation, you know how important it is to come up with a realistic budget and stick to it as best you can. Otherwise, costs will quickly escalate faster than anticipated, leaving you with no choice but to keep on paying until the work is done. After all, leaving your renovation half-finished is not much of an option.

But many projects, even if the budget is air tight, still end up over budget and behind schedule. The reason? Common mistakes that can be prevented with careful foresight and expertise. Let’s take a look at some of the most common.

1. Not securing the proper permits
It would be nice if making major changes or home additions were as simple as drawing up the plans and getting straight to work. Unfortunately, there are legal hoops to jump through. These include various permits at the local and State level, which vary depending on where you live.

Good professional contractors will guide you through the process of acquiring the necessary permits, and won’t hammer a single nail until everything is squared away. But watch out—if you undertake renovations on your own, or hire a contractor that is not reputable, you could face serious setbacks and penalties, or even be forced to tear your work down and start over.

2. Changing your Mind
Here’s another reason to plan carefully from the beginning: Once the work starts, changing direction is both costly and time-consuming. It can be difficult to visualize exactly how a new wall will look in a given room, for example—but building that wall only to tear it down and rebuild it elsewhere can open up pandora’s box and make your project much more expensive than you thought.

If you’re working with professionals, make sure you voice any and all concerns and heed their advice before commencing the project. That way, you’re less likely to change direction mid-project.

3. Not Getting a Guarantee
The work is finished, and you love the result. But what happens if something breaks, cracks or chips a few months later? These things can happen, after all—even when you hire the most talented renovation team available.

That’s why a warranty is so important. Most reputable contractors will guarantee (in writing) the quality of their work against defects for up to one year. This is your assurance that the renovation is built to last with quality materials and expert craftsmanship.

4. Forgetting to Stock Extra Building Materials
You might be taking this project on yourself, or you might be hiring a team of professionals. Either way, buying the minimum amount of material you need to complete the job is a surefire way to delay progress and increase costs overall. There is almost always a certain percentage of wasted materials in a renovation project—it can be anywhere from 5% to 15%—and having extra materials on hand will prevent you from losing momentum.

Make your Home Renovation Count!

By avoiding these common mistakes and planning carefully, you can minimize the chances of your costs and schedule running away from you. A successful renovation project is one that is planned and executed smoothly, in addition to looking great and standing the test of time.

Thanks for reading, and please feel free to leave your questions, comments and renovation experiences in the box below.