Undertaking a home remodeling project is both fun and challenging. It is fun when you get to explore remodeling options, but challenging once you start digging deeper into the important aspects of the projects. Not all remodeling projects are successful, so before you commit costly mistakes, here are some mistakes you should avoid.Â
1. Outdated design choices
Making even small changes to your home can be expensive. But if you’re planning a major remodel, the costs can quickly spiral out of control. And if you make some expensive mistakes, you may end up regretting your decision to remodel in the first place.
To help you avoid making costly errors, we’ve put together a list of 5 expensive remodeling mistakes to avoid at all costs. From outdated design choices to failing to plan for the future, these mistakes can significantly increase the cost of your remodel – and leave you with a home that doesn’t meet your needs.
2. Over-the-top fixtures and finishes
When it comes to remodeling, it’s easy to get carried away with fixtures and finishes. From sconces and chandeliers to intricate backsplashes and countertops, the choices can seem overwhelming.
While there is something to be said for creating the perfect atmosphere with stunning fixtures and finishes, you can easily overspend in this area. In the end, you may find yourself with a kitchen or bathroom that looks great, but that cost too much.
If you are trying to keep your remodel project cost-effective, skipping out on extravagant fixtures and finishes is a good idea. Consider simpler and cheaper options that still look great without breaking the bank. Installing an affordable laminate countertop instead of granite and sticking with basic tile designs can help you save money.
Ultimately, the goal is to find the perfect balance. Invest in features that are timeless and won’t go out of style quickly, while also avoiding anything with too-trendy of a look. That way, you can enjoy your remodel for many years to come without overspending.
3. Not considering the future
When remodeling, you need to make sure you think long-term. The design elements you choose and the finishes you select need to withstand the test of time, even after you've moved out and are no longer living in the home.
Remember, not all remodeling projects are designed to increase the value of your home. If done incorrectly, certain expensive upgrades may reduce the value in the eyes of future buyers. It's best to choose fixtures and finishes that are neutral and classic, so the overall look of a space remains timeless.
You also need to consider any changes you'll make from a functional standpoint. Will the remodeled home be user-friendly for future occupants? Is there any updated technology that might become outdated in the near future?
By avoiding unnecessary technology and expensive finishes, you can save money and make sure that any remodeling projects you complete are future-proofed. That way, anyone who lives in the home after you will also be able to enjoy and reap the benefits of your remodeling work.
4. Not working with a professional
When it comes to remodeling, don’t skimp on your budget by attempting to do the work yourself and not hiring a professional contractor. Sure, it might cost more up front, but if you hire an experienced contractor, you’ll likely receive quality workmanship, knowledge of building codes and regulations, and the ability to resolve any problems that may arise during the remodel.
It’s essential to draw up a contract with your contractor that outlines the scope of the remodeling project, so there are no surprises. This should include all costs, turn-around time, and materials that are used. It’s also important to research their reputation, check insurance and bonds, and review their referral and portfolio.
By doing this, you’re also protecting yourself and your property. Working with a reputable contractor means you have the right coverage in case something goes wrong or if any issues arise during the remodeling process. The time and money spent upfront on a professional will save you money, help you rest easy, and ensure your remodeling project is completed on-time and on budget.
5. Not staying on budget
One of the most significant remodeling mistakes a person can make is not staying on budget. Before you start your project, you need to have a set budget in mind and make sure you are aware of all the costs associated with the project.
Once you’ve established your budget, you need to stick to it. Too often, people underestimate the costs of a project, so it’s best to overestimate the amount of money you’ll need.
It's also important to account for potential additional costs associated with unexpected challenges or issues, such as bringing your project up to code, as this can add up quickly. Being aware of hidden costs like this can go a long way in helping you remain on budget.
Don’t go into the project blindly and avoid impulse purchases, as they can quickly add up. If you want to avoid spending more than you expected to, take your time, research materials and labor costs, and create a checklist for yourself to ensure you’re staying on track.
Moda Living AU has a great selection of furniture pieces perfect for your remodeling project. Get in touch with them via phone 1300 040 677 or email info@modaliving.com.au for more information about their products.Â
