Next Year’s Renovation Planning Begins in November
Winter festivities may slow many of us down, but the opposite holds true in home construction. In fact, architects, designers, and contractors are already booking into next year. So, what should you do now to ring in the New Year?
Now’s the time to pin down your goals and the steps you’ll need to take to reach them. Are you seeking improved quality of life, room to grow your family, or accommodations to house aging parents? Next think about how you’ll accomplish this, with a revamped kitchen, an extra or updated bathroom or bigger family room, or aging in place modifications, for example.
When you know what you want it’s time to build a budget. And while you won’t know the cost of your project right now, you can still decide where that money will come from. For instance, some homeowners use existing cash flow while others tap their savings or home equity. When estimating how much you’ll spend, factor the length of time you intend to stay in your home plus the return you’re hoping to achieve. Kitchens, bathrooms, and added square footage have historically reaped the strongest returns.
Many homeowners don’t fully grasp all the little things that go into renovation before projects get off the ground. You’ll first need to determine which professionals are best suited for your particular project, such as an architect or designer, a general contractor or individual tradesmen. When you work with Slate Ltd., we help you with this and so much more.
Next come meetings and proposal submissions from architects, designers, builders, and contractors. You’ll want to compare proposals and hire the right candidate who will, in turn, coordinate your job to align with their busy 2018 schedules. After this, they’ll draw up plans, submit drafts and applications, file documents with city and county authorities, resubmit those as needed, and gain proper approvals.