Dreams versus realities. Wants versus needs. As with many paths in life, these sometimes opposing forces must be balanced to ensure we are making the right decisions. When we think about remodeling our home, we tend to imagine the perfect space: walls removed, the highest grade everything, and lots of open space and light. Realizing those dreams within a comfortable budget can be a stumbling block for many homeowners.
So what exactly goes into the cost of a home remodeling project?
∙ Design: The most important factor in the final budget of a home remodel is the space! Seems simple, but it is the most overlooked aspect of a project. Design incorporates functionality, structural considerations, efficiency and aesthetics into the final product. It moves beyond what color the kitchen cabinets will be, to where the cabinets will go, how they will be used, and how they will flow with the appliances, flooring and countertops. Design looks at your project as a whole, helping to balance the look you want with the amount you want to spend.
∙ Materials: Just like with any other product, there is a wide range of price options for remodeling materials. Tile can vary in price from $.50 sq/ft to $100 sq/ft and kitchen faucets come in $49 to $1000 models. Understanding the functionality you need is the first step in choosing the right materials. You can then narrow your choices to the suitable options, and create a mix of materials for the entire project that matches your budget.
∙ Construction: Deciding on who will build your project goes way beyond the cost of labor. We all know the price of correcting mistakes can be much higher than doing it right the first time. This adage is particularly true for projects where the structure, plumbing or electrical is being altered. Bringing in knowledgeable, dependable and trustworthy craftspeople to provide you with quality work is the key to keeping costs in line.
∙ Project Management: Home remodeling can be arduous, especially if you are trying to manage the project yourself. Misunderstanding the timing and sequence of the construction and installation process leads to long delays, and weeks of living with a torn-up home. Scheduling each contractor at the appropriate time (or trying to rearrange when the inevitable hiccups occur) can make the difference between living through a four week remodel or a four month remodel. Bringing an experienced project manager on to the project saves you time, headaches, and ultimately, money.
Each home remodeling project is as unique as each homeowner. At Case Design/Remodeling Indy, we believe the best way to manage the cost of a remodeling project is to hire a full-service design/build firm. By bringing the design and construction process under one roof, you will achieve the look, feel and functionality you are envisioning, with a clear and manageable timeline and budget. Visit caseindy.com for more information on our design/build process. Or, give us a call at 317-846-2600 to schedule your free in-home consultation.
