An article on the Market Watch section of the Wall Street Journal website dated January 27, 2014 details how homeowners are now willing to spend more for remodeling projects in order to improve home equity. The real estate market is steadily improving, and more folks are willing to improve their residences in order to enhance property value. The article manages to come up with several pointers that homeowners should keep in mind before remodeling, such as:
“Set a budget: For yourself, set a maximum budget and make sure you have a contingency for any splurges you may want to make or problems that you could run into, said Liza Hausman, vice president of community for Houzz.com, a home remodeling and design website. Then, create a goal budget to share with your contractor. As much as you can, research materials to understand what they’ll cost. That will help you understand whether your budget is realistic.”
Remodeling a part of the house will naturally cost homeowners, so it’s important for individuals to carefully consider their budget before pushing through with their projects. Indeed, remodeling can be seen as an investment, yet homeowners shouldn’t be in a rush to have every living space revamped. Those planning for a kitchen remodeling in St. Louis should plan and work closely with a cooperative contractor like St. Evans Inc.
It’s easy for homeowners to imagine how their reimagined kitchens will look like, yet when it comes to actually laying down the specifics, they might have trouble making compromises for luxury materials they simply can’t afford. To keep their ideas pragmatic, homeowners should freely consult with contractors for reasonable remodeling in St. Louis, MO. Select contractors are willing to work within a given budget, and are knowledgeable enough to suggest inexpensive alternatives to pricey materials.
(Source: Money tips for home remodeling, marketwatch.com, January 27, 2014)