The longer I actually stay with the homeowner the more the renovation list grows as we talk about what they would like and how they would like the house to function when the renovations are completed.
One of the problems with this scenario is that the renovation list grows as we talk about it from an initial single renovation like a kitchen to a multi room renovation or a whole house renovation. This on the surface is good for us the contractor as the job grows in size but in reality when the job becomes to large then the homeowner gets scared away from doing any renovation by the large price tag of the entire home remodel.
As the contractor I try to refocus homeowners to make a list of their renovation requirements, it should be broken down into wants and needs. Here are some examples of what a want is and what a need is;
- New light fixtures.
- New Paint.
- New Floors.
- Open concept rooms by removing walls.
- Fix leaky roof
- New Kitchen.
- Replace old windows.
- Repair rotten areas.
A want is something that you want to help the home function better for you or an update that will bring the home up to newer style. A need is something that needs to be completed before any of the wants list can be completed as it will cause problems or damage to any renovations that are completed. Anything that leaks water should be repaired or replaced before you ever get to the stage of renovating for an update.
If you start with a list like this then you will start to understand the cost of your needs list first and that will then tell you how much you will have leftover for your wants list.
Remember that a contractor can only make recommendations on what you should do to your home, ultimately its up to you the homeowner to decide what you want done. Make your wants and needs list, it should help focus you down on not only what you want to achieve in the renovation but what you can afford.
Village Builders Inc.