Renovating your home is certainly the best opportunity, not only to step-up your living space, but also to add to the value of your house. There are many ways in which you can increase the value of your house. You can get attractive interiors done, expensive furniture installed, and even build a fireplace. However, all these things would not add as much value as a complete well-planned home re-modeling would. When you think of financing the plan, you need to be well-prepared by considering many factors. Getting to know all the important aspects such as home market values in your locality, minor home upgrade expenses, architectural plans and patterns, home improvement loans, timetable, and schedule for completion, can save you valuable time and preclude unnecessary stress.
Zoning Policies and Regulations
The first thing you need to do is receive permission from the local government authorities to commence with the construction. In a majority of regions, you are required to abide by your city or town zoning policies and ordinances, and also obtain a construction license before building an extension to your home. The expenses for such licenses may differ from state to state. However, you need to be ready for spending around 2 – 5% of the entire cost of the renovation on this license.
You are required to carry out soil testing which would evaluate the stability of the soil on which you intend to build the addition. If you reside in a coastal area which has a substantial amount of loose soil or clay in the soil, such tests can help find if you would need pilings to hold the structure firm. Most of the contractors provide such services as this is a decisive step in the renovation.
Choosing a Contractor
You need to be very careful when choosing the appropriate contractor for the work. Get referrals from your friends, family, and colleagues for a good contractor, or look out for builders who provide special services in the type of architecture you desire. When choosing a suitable contractor, ensure that he is licensed, bonded, and covered with insurance. This not only ensures that you employ one of the best contractors around, but also protects you in the situation of a mishap. Finally, choose a contractor who will suit your needs, and most importantly your budget.
Considerations for Unexpected Errors
Plan your budget according to some costs that may not be anticipated. Probably, after deciding on a firm budget, you might think of adding more to the existing plan. You also need to consider the expenses which may incur due to some unfortunate occurrences such as damages to the house’s power supply. Irrespective of the possibilities, you need to include a margin for errors in both the estimated budget and also the approximate completion date for the project.
Home Insurance Updates
In a majority of cases, making an preferment increases the value of the house. It is crucial that your home insurance policy covers the changes and modifications that you are anticipating. To avoid any issues later, it is recommended that you consult with your insurance agent before you start with the construction.
While planning your house renovation, make sure you consider these important points for a hassle-free execution of the plan.
Remodeling does not involve only renovating the interiors of the house. Making exterior improvements to the house is equally important, and should not be ignored. It encompasses renovations done to improve the outer appearance of the house. However, these ideas should be easy to implement and less expensive. Time is also one of the constraints to be considered. The best time for making such improvements is fall, i.e. immediately after summer.
Painting the House
When you decide to color your house, choose a different color for the porch, deck, columns, shutters, and other architectural details. Remember to choose colors that go well together and balance each other out. Another important factor is that the paint should sustain well for a long time. Exposure of the paint to weather changes should be taken into consideration while choosing the color and texture. There are many different varieties of emulsion paints that you can choose from.
Decks and Deck Railings
Building a deck is easy and inexpensive, and also increases your living space. A deck is made mainly of wood. It is built from the ground level, and can be made as high as the roof line. You can decide the size of the deck as per your requirements. You can either do it yourself or hire a contractor for the same. Outdoor stair railings should be considered while building the deck as they offer safety as well as define the deck area. Although wooden deck and deck railings using cedar, redwood, or pine are very common, many other materials can also be used, such as powder-coated aluminum, vinyl, and iron, among others.
Doors and Windows
The material and design of the doors and windows decides their cost. Elaborately decorated wooden doors are more expensive compared to fiberglass or steel doors. When you plan for an exterior remodeling, consider your budget first and then analyze whether the materials you select are balancing well with the exterior of your home. A wide variety of windows are available in the market. These also vary in costs depending on their styles; hence choose ones that fit in your budget.
It is advisable to pick one aspect at a time to remodel and implement. Remember to use quality material, so that the construction stands well for a long duration.