Home renovations can improve the sale value of your home, or help make a house unique to you. But don’t fall for these 4 common renovation mistakes! Read on to find out what they are and how to avoid them during your next renovation!
Not Budgeting for Mishaps
Mistakes happen. And one of the biggest mistakes you can make is not budgeting enough money to solve the problems that you might find hiding beneath your cabinets or in your walls. Older homes can have problems like rusting pipes or poorly run electrical wiring, which you may not have been prepared to handle in your renovation. Remember to set aside 15% of the total project cost for unexpected expenses.
Too Trendy Terror
The bolder the choice you make in your décor, the harder it will be to sell your home later. Interesting appliances, dramatic paint jobs, and creative structural elements can be great ways to customize your home to match your personality, but remember that not everyone wants a wine fridge or a wrought-iron stair case. If you are thinking about moving in the next five years, try to reign in your more eclectic renovation decisions to ones that can be easy changes come sale time.
Don’t Choose the Cheapest Contractor
When selecting a contractor to help you get the work done on your renovation, make sure you’re not just selecting based on price. The cheapest quote for the job might save you money now, but cost even more in repairs and redo’s down the road. Bring in at least three contractors to review the job, and get written estimates from each of them. A good written estimate should include all the details of the materials being used, an explanation of all the design changes, a warranty on the work, and all the normally “hidden fees”: things like permit costs, insurance, and the general contractor fee.
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If you need to sell any type of property in Maryland, call The Team Edge. At The Team Edge, we’re dedicated to providing you with the best possible home-selling experience in the fine state of Maryland. Call our 24/7 hotline today at 443-840-7100 or fill out our quick and easy online application to get started on selling your Maryland estate property immediately. No matter the state of the estate, The Team Edge is here with a fair price and fast service. That’s right. Sell your house quick, as-is with the Team Edge!
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Tags: property renovations, renovated houses maryland, tips for home renovations