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FAQ
How do I choose a good contractor?
When choosing a contractor, ask friends and family members for recommendations. Look online reviews as well. It is important to confirm that the contractor that you choose has worked in the same area as you. Get references from other people and review them.
How can I avoid being taken advantage of when I renovate my house?
It is important to understand what you are buying to avoid being scammed. Be sure to read the fine print before you sign any contract. Blank contracts should not be signed. Always ask for copies of signed contracts.
What room should I remodel first?
The heart of any home's kitchen is its kitchen. It's where you spend most of your time eating, cooking, entertaining, and relaxing. Start looking for ways that you can make your kitchen functional and more attractive.
A bathroom is an essential part of every home. It is a place where you can feel at ease and privacy as you perform daily tasks such as brushing teeth, bathing, shaving, and getting ready for sleep. Consider adding storage to these rooms and installing a tub instead of a bathtub. You may also want to replace old fixtures with modern ones.
How many times should I change my furnace filter?
The answer depends on how often you expect your family to use your home heating system. You may need to change your filter more frequently if the temperature drops and you plan on being away from home during colder months. If you are not likely to leave your house for long periods of time during cold weather months, you might be able make more frequent changes.
A furnace filter typically lasts for three months. Your furnace filter should be replaced every three months.
The manufacturer will also give you recommendations on when to change your filter. Some manufacturers recommend that you replace your filter after every heating season. Others suggest waiting until there are visible dirt deposits.
Can I renovate my whole home myself?
If you can do it yourself, why pay someone else when you could save money and time?
It doesn't really matter how much you love DIY. There will always be times when you just can't do it. There could be too many variables to manage.
For example, if you live in an old home, you might find that the wiring is outdated and you would need to hire a qualified electrician to make sure that your electrical system is safe and reliable.
It is possible that your renovations might cause structural damage.
In addition, you might not have the tools necessary to complete the job properly. For example, if your goal is to install a new sink in your kitchen, you will need to purchase a plumber’s snake, which is designed to clear blocked pipes.
You must also follow plumbing codes to ensure that a licensed plumber is working on your project.
The bottom line is that you need to know exactly what you are capable of doing before you embark on such a big task.
If you are unsure whether you can tackle the job yourself, ask for help from friends and family members who have done similar projects before.
They can help you determine the right steps and where you can find out more.
Do I need to hire an architect?
It might be easier to have someone else do the work if you're planning on renovating your own house. But if your goal is to buy a house, hiring an architect/builder will ensure that you get the home you desire.
How long does it take to complete a home renovation?
It all depends on how big the project is and how much time you spend each day. On average, homeowners spend between three and six hours per week working on their project.
Statistics
- The average fixed rate for a home-equity loan was recently 5.27%, and the average variable rate for a HELOC was 5.49%, according to Bankrate.com. (kiplinger.com)
- A final payment of, say, 5% to 10% will be due when the space is livable and usable (your contract probably will say "substantial completion"). (kiplinger.com)
- ‘The potential added value of a loft conversion, which could create an extra bedroom and ensuite, could be as much as 20 per cent and 15 per cent for a garage conversion.' (realhomes.com)
- Design-builders may ask for a down payment of up to 25% or 33% of the job cost, says the NARI. (kiplinger.com)
- They'll usually lend up to 90% of your home's "as-completed" value, but no more than $424,100 in most locales or $636,150 in high-cost areas. (kiplinger.com)
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What amount should I spend to restore my old house?
The cost of renovating a home depends on how many rooms it is, what kind of renovations, where it is located, and whether the work will be done by professionals or you. Depending on the size and scope, renovations can cost anywhere from $10,000 to $50,000.
If you are planning on selling your home after the renovation, it is likely that you will receive less than the market price if you do not account for the costs of repairs, improvements, and upgrades. If you do not put in enough effort to make your home attractive before selling, you might lose money. However, investing enough energy and time into improving the appearance of your home can help increase the value you get for it when you list it.
Consider these factors to help you decide which project to tackle first.
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Your budget. Start small if you have a tight budget. One room can be tackled at a time such as painting walls or changing flooring. To make big changes, you can hire a contractor who is skilled in kitchen remodeling.
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Your priorities. Do you want to improve the overall condition of your home or just fix specific problems? If you choose to tackle only one issue, keep in mind that minor issues can add up quickly. It is possible to end up replacing your roof sooner than anticipated if your roof leaks whenever it rains.
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Your timeline. Consider your timeline. For instance, if your goal is to purchase a new property next year, it might be a good idea to wait to install hardwood floors or to replace bathroom fixtures. To make these upgrades, it might be a good idea to wait until you leave your home.
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Your skills. If you do not possess the skills required to accomplish a particular project, hire someone else. If you are unable to carpenter custom cabinets, hiring a cabinet maker may be an option.