This project included the addition a bedroom, a bathroom, and laundry room. The project began by raising the garage floor to the same level as the existing main floor. This allowed plumbing and electrical conduits to be relocated without disrupting the main floor. The interior of the new room was finished with hardwood floors that matched the foyer. Other tasks included framing, windows, drywall, and plumbing fixtures. The result was a spectacular new space for a busy Miami family.
FAQ
What should I do first in a house renovation?
You must first clear out the clutter outside and inside your home. Next, you need to remove any moldy areas, replace damaged walls, repair leaky pipes, and repaint the entire interior. Next, clean the exterior surfaces and paint.
Is it better to hire either a general or subcontractor?
It is more expensive to hire a general contractor than to subcontract. General contractors usually have many employees. This means that they charge their clients much more for labor. On the other hand, a subcontractor only hires one employee, so he or she charges less per hour.
Do I need an architect/builder?
It may be simpler to hire someone to help you renovate your home. But if your goal is to buy a house, hiring an architect/builder will ensure that you get the home you desire.
What room should I remodel first?
The heart and soul of any home is the kitchen. It's where you spend most of your time eating, cooking, entertaining, and relaxing. You can make your kitchen more functional and appealing by using these tips!
It is also an important component of any home. You can relax in your bathroom and take care of daily tasks like bathing, brushing your teeth and shaving. Consider adding storage to these rooms and installing a tub instead of a bathtub. You may also want to replace old fixtures with modern ones.
Statistics
- The average fixed rate for a home-equity loan was recently 5.27%, and the average variable rate for a HELOC was 5.49%, according to Bankrate.com. (kiplinger.com)
- A final payment of, say, 5% to 10% will be due when the space is livable and usable (your contract probably will say "substantial completion"). (kiplinger.com)
- Rather, allot 10% to 15% for a contingency fund to pay for unexpected construction issues. (kiplinger.com)
- It is advisable, however, to have a contingency of 10–20 per cent to allow for the unexpected expenses that can arise when renovating older homes. (realhomes.com)
- On jumbo loans of more than $636,150, you'll be able to borrow up to 80% of the home's completed value. (kiplinger.com)
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How To
How much should I spend on restoring my house?
How many rooms you wish to renovate, the type of renovations that you are planning, where you live and whether you hire professionals or yourself will all affect how much it costs. The average cost for renovations is $10,000 to $50,000 depending on how large and complex the project.
If you plan to sell your house after renovations, the value of the home will likely be lower than its market value. This is because you do not take into consideration the costs for repairs, upgrades, or improvements. If you do not put in enough effort to make your home attractive before selling, you might lose money. You can increase the sale price of your home if you spend enough time and effort to improve its appearance.
To help you decide which projects to undertake first, consider these factors:
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Your budget. If you have a limited budget, start small. Start small. For instance, you could tackle one room at once, such as replacing flooring or painting walls. Or you can hire a contractor who specializes in kitchen remodeling to make some major changes without spending a lot of cash.
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Your priorities. Are you looking to improve the general condition of your house or fix specific problems? You should not limit your efforts to one problem. Even minor problems can quickly add up. For instance, if your roof leaks every time it rains, you might end up having to replace it sooner rather than later.
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Your timeline. Your timeline. For instance, if your goal is to purchase a new property next year, it might be a good idea to wait to install hardwood floors or to replace bathroom fixtures. To make these upgrades, it might be a good idea to wait until you leave your home.
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Your skills. Find someone to help you if you don't have the necessary skills. You might hire a cabinet maker if you don't have the skills to build custom cabinets.