A Guide to home renovation in Calicut
Now, before you go off on a rant about how foolish it is to renovate a home, stop. Not every home renovation project is a good investment—nor it is a good use of disposable income. But not every remodel project is a bad idea. That sort of black and white blanket statement just isn’t helpful, particularly when we all know someone who renovated and sold their home for top dollar. Debating whether or not all home reno projects are a good idea is a futile as determining whether or not real estate is a good investment these days. Yes, there are spots where homes are over-priced. But there are so many variables, so how can we give just one accurate answer to a question that impacts a nation of people across 10-million square kilometres?
It’s probably more helpful, then, to provide some insightful information that can help any homeowner make good decisions if they are considering a homerenovation in Calicut
To help you get the most here are five tips to help you plan your home renovation.
Tip #1: Don’t underestimate the cost of renovations
From data compiled from over 2 million users’ search behaviour and project posts, TrustedPros.ca, a site that helps homeowners find and rate home reno contractors, found that homeowners consistently set unrealistically low budgets for a few of the most popular renovation projects.
For instance, the national average budget for a kitchen renovation came in at just under $14,480—at least $5,000 under-budget for the average Canadian kitchen renovation, explains Nicole Silver, spokesperson for TrustedPros. “It takes licensed electrical, plumbing and gas experts to install bare necessities in a kitchen,” explained Silver, “and these experts come at a price.” Add in the extra cost of durable or high-end finishes and budget costs start to creep up quickly.
Tip #2: Seriously consider whether or not you are over-renovating
Many homeowners are convinced that they only way to increase the value of their home is to spend a lot of money on high-end finishes and expensive home remodels. But home renovations rarely, if ever, offer a $1 for $1 return. In fact, sometimes the simplest or least expensive updates can give the best returns.
For instance, according to Remodel magazine, re-insulating your attic can recoup as much as 117% on the reno dollars you spent, while you can expect a 92% recoup on the cost of replacing your garage door and a 91% recoup on the cost of replacing your front, entry door.homerenovation in Calicut
Yet, these simple upgrades are not at the top of the reno-desire list, according to the data collected by TrustedPros.ca. In 2016, the top three reno projects across Canada were: bathroom remodels, basement renovations and the installation of a new deck.
Tip #3: Do the leg-work to set a realistic home reno budget
Still, in order to avoid unnecessary or unexpected costs when it comes to home renovations, you must first start with an accurate, honest budget. Here are four tips to get you there:
No. 1: Get multiple quotes
Never settle on a contractor before first interviewing and getting a quote. Better still, ask what their contract covers and how they handle ongoing communication and potential problems (remember, surprises can mean extra costs, so you want a clear-cut plan of how this will be handled, before it happens).
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