When starting a new project, it is always necessary to create a budget plan. Unfortunately, during every project, there always seems to be a hidden factor that will add to the budget, you don’t know what’s behind walls, underneath floors or above ceilings until you start the demolition and reconstruction process.
Before you start any home remodeling project consider how old your home is and when the last time it was renovated. Homes that are 20 to 50 or more years old may not have the electrical, mechanical or plumbing infrastructure that meets current day codes.
We always encourage adding a contingency to your budget for the unexpected. The best thing that can happen is that you don’t have to spend it or better yet you can use those funds to upgrade quality and increase value.
Splurge on What You Use
If you have a certain area of your project that you know you will be using all the time, consider putting a little extra into that. Get higher quality products because it will be worth it if they are put to good use. If you love to cook, for example, splurge on a professional range made for the home, and quality appliances. The kitchen faucet and sink are the most used appliance in the home. Do you really want to cut corners on those items? Cabinets fall into the same category, you use them every day and they can also bring additional value to your home. Storage is another investment that yields generous benefits not only from a functional perspective but also for resale value because it makes cooking, cleaning and using your kitchen a lot easier.
Always be on the lookout for saving opportunities during a big project. You can often repurpose certain items from other parts of your home. Save money without sacrificing quality or functionality!
If you’d like additional guidance to establish your budget and priorities for your kitchen renovation or remodeling project, contact Granite State Cabinetry today!