The act of home renovation, or redecorating is essentially the act of making aesthetic changes to one’s home. Home renovation can include projects which update an existing home inside, exterior, or any other upgrades to the home. In today’s market, home renovation can be a daunting task. It may involve tearing out an outdated ceiling, installing new doors and windows, and even adding an entirely new floor plan in a home. When the scope of the project is so large, it is important to take into account certain factors before diving in.
Before jumping into a home renovation project, it is important to first have a budget in mind. It is easy to get carried away with the enthusiasm of ripping out walls and putting in new rooms. A detailed cost plan for the project will make things easier. A few cost factors to consider when preparing a budget for the building work involved in the renovation include the cost of materials, labor costs, and any period features of the property which will need to be dealt with.
If there are specific period features within the property, such as the presence of period features such as masonry, roof trusses, or windows/windlasses, these must also be taken into consideration when deciding on the budget for the renovation. These can be eliminated from the initial budget if they are not costly to remove or repair in the renovation. Windows/windlasses and siding may need to be replaced due to damage, and if there are specific features within the structure which may require total replacement, the cost of these items must also be taken into account. The cost of torn up walls and damaged windows and roofs will be determined by how much work is involved in getting rid of these areas, and how much the specific materials cost.