Coming up with a realistic budget is not the most exciting part of a home remodeling project, but it’s certainly one of the most important. Only you fully understand your own financial situation and what type of budget makes the most sense. Today, Cipriani Remodeling Solutions shares a guide to help you draft a solid budget.
What Do You Want to Remodel?
Make a list of everything you want to change in your home, including repairs, maintenance, and remodeling. Describe how each item affects your daily routine. For instance, having only one bathroom for multiple occupants of the home can make the morning routine stressful for everyone. As another example, if you plan to age in place, you might want to think about creating a master suite on the main floor of your home.
Determine Goals and Set Priorities
The design process for kitchen and bathroom remodeling projects begins with discussing your ideas with your contractor. Your designer will ask you to talk about your goals, needs and wants. From this information, they will develop multiple concept sketches to give you options.
After the design stage, you’ll be presented with plans, which are the basis for obtaining cost estimates. They should include a detailed list of products and materials to be used, along with labor estimates.
Make a comprehensive list of every item that needs to be budgeted for, from trailer rentals to furniture and accessories. Stay organized by creating an itemized spreadsheet of everything involved in your project. Remember to include items not included in construction like design fees, lighting, and furnishings.
At Cipriani Remodeling Solutions, our renovations expert will help you choose the best products, materials, colors and designs for your home. You can also take inspiration from our bathroom remodel gallery for your next project. Call us at (856) 202-3322 or complete our online form to request a free quote. We work with clients in NJ.