Costs differ between DIY home remodeling and hiring a professional contractor. With DIY, you will spend extra time sourcing quality and affordable materials; plus, you do the actual work. With a remodeling contractor, you are given cost estimates for the whole remodeling project. This includes materials, labor, and other professional and legal fees.
But whether you opt of DIY or hiring a contractor, home remodeling costs will include the following:
Cost of materials- Remodeling any part of your home requires new materials to make the changes that you want. Different designs will determine the cost of the materials. A contractor will give you quotations on materials to be used.
Period of remodeling– If you decide to hire a contractor, the longer it takes to complete the project, the more you have to pay. Total costs will include not only the contractor’s fee, but also the materials that were added during that period. This does not mean that the remodeling needs to be done in less time. If the contractors need more time because of the amount of the work, it is advisable to budget for the extra costs.
Meals for the contractors– Although it is not mandatory to serve meals to the contractors, it’s a good way to create a smooth working relationship.
Permits that need to be paid– A major remodeling project will require necessary permits, especially if it will affect the sewer system or water system. Obtaining these permits will protect the whole project against potential liabilities because protective measures will be put in place beforehand.
Repairs– The house or building to be remodeled may need to be repaired first. Remodeling when the structure is in bad shape could lead to disastrous results.
Knowing and understanding these factors that affect remodeling costs will help you prepare your budget. These will also help you finally decide whether you want to do the remodeling yourself or hire a certified remodeling contractor to accomplish the job.