Tips For Hiring a Home Improvement Contractor
Before hiring a remodeling contractor, you should do your homework and find out as much information as possible. You can use websites such as HomeAdvisor to find remodeling contractors in your area, or visit the website of the National Association of the Remodeling Industry to find out more about each company. After narrowing your list to three or five companies, you should contact the top one and discuss your remodeling needs. Then, you should request their license and insurance credentials, and schedule an in-home appointment.
Remodeling is a process whereby you change the layout and functionality of your home. For example, you can add an addition or tear down a wall to create a bigger bathroom. You can also convert a guest bedroom into a home office. This process can also be expensive. If you don’t want to tear down the walls in your home, you can choose a more affordable option by hiring a handyman or home repair expert.
Whether you’re remodeling your home to make it more marketable or just to make it look better, remember that renovations can increase the value of your home and add to its value. A midrange bathroom addition, for example, costs $49,598. It yields a return of 54 percent, while a lavish bathroom remodel can cost more than $76,000.
To select a good contractor, you should first do preliminary research, which can be done through a phone call or a visit to a contractor’s website. Verify their licensing and professional designations with the National Kitchen and Bath Association, the Remodeling Industry Association, and the Homebuilders Association. Look for contractors who have taken additional course work and passed rigorous tests to earn their certification.
Before completing your remodeling project, you should determine your budget and your expectations. Ultimately, you should spend no more than 15 percent of your home’s current market value on remodeling. However, if you’re going to resell your home, you might want to knock off as much as 20 percent of your budget as possible. This way, you’ll be able to save money and have the funds to buy unexpected necessities.
You can use remodeling to add a large three-season room in the back of your home, repair furnace problems, and more. By doing so, you will be able to increase the value of your home and make the most of your investment. Even small improvements like a new bathroom, paint color, or carpeting will increase the value of your property. In fact, a major kitchen remodel or addition can bring a 60 percent ROI.
Kitchen remodeling requires extensive work, and it may be too difficult for you to complete it yourself. It’s important to have someone do this work, as removing a wall may cause damage to plumbing and wires within the walls. Designers and contractors typically charge between 8% and 10% of the total cost of remodeling.