When you’re planning a remodeling project, cost is a big factor.
You must be realistic about remodeling costs from the very beginning, or you are likely to run into problems.
If you think you can afford features that you really can’t, you’re liable to be disappointed.
Or, if you go ahead and buy whatever you want regardless and end up going over budget, you could experience some serious anxiety when the payments start coming due.
Or you could embark on your remodel, realize you have to scale back to stay within your budget, then find yourself unhappy with the end results.
You don’t want to end up with any of these scenarios, so be sure you know what you are getting into before you start your project.
Reality? We Think Not.
A myth contractors have to dispel again and again is that remodeling reality shows depict reality. They often claim projects cost many thousands of dollars less than they really do.
The truth is, the cost of any remodeling project can vary greatly, depending on the area of the country in which you live. A bathroom remodel in Wichita is going to cost less than the same one in Salt Lake City, because the per capita income is higher here, wages are higher and materials are more expensive.
Also, keep in mind that shows like Design on a Dime are only giving you the costs of the materials, not the labor — this is a DIY show, and they expect you to DIY. Joel is not going to show up at your house with a crew and do all the construction for free like he does for Casey.
Can’t Crack the Code
Changes in building codes also can add costs to a remodeling project.
Many municipalities these days are insisting on stricter energy-efficiency requirements, and this means more insulation and more time and care invested in house wrap to prevent air leakage. In some areas, contractors are required to rent equipment to perform an air-blowing test that proves the work has been done adequately.
Changes to electrical and plumbing codes — meant to protects consumers — also can add to your bottom line.
Fees for permits and for rental equipment such as cranes, generators and jackhammers also add up. Don’t forget about interest if you are taking out a home improvement loan.
Also plan for the unexpected. What if the contractors start ripping that old tile out of your bathroom and find mold? What if your floorboards are rotten, or mice are nesting in your walls? You never know what you’ll find during a remodel.
If you are considering remodeling and want a realistic appraisal, call Falk Construction. We can provide you with a detailed, itemized free estimate so you know ahead of time how much your project will run.
Don’t guess what it might cost to remodel your kitchen, bathroom or basement — rely on the experts at FCI to provide the information you need.