With proper planning and budgeting, you can keep remodeling costs under control. However, in some cases, unforeseen costs are unavoidable, which is why it’s important to set aside a contingency fund during interior renovation projects. What are the hidden costs that may pop up over the course of a remodeling project?
Upgrades to Bring Your Home Up to Code
If your older home has never been renovated, it may need additional upgrades to bring it up to code. If you renovated in the past, several changes may have been made to the local building codes in the time since.
Costs for Temporary Accommodations
Many homeowners overlook the costs of temporary accommodations. While it’s possible to stay in your home during renovations, it makes more sense to stay elsewhere during the peak of the activity. For starters, you likely won’t be able get any work done or find any peace in the midst of all the construction noise. Your pets will also find it stressful.
Land Survey Costs
Property lines tend to get blurred over time, which is why homeowners planning to add a fence or a new addition need to determine the exact boundaries of the property before starting a construction project. Without a land survey, you could end up building on your neighbor’s property.
Underlying Pest Damage & Plumbing Issues
When contractors tear down walls, there’s always a chance they may find hidden pest damage, leaky pipes and other undetected issues. However, you shouldn’t worry about these issues too much if your home is well-maintained.
Clean-Up Costs
It’s standard practice for professional interior remodeling contractors to handle the clean-up of construction debris. Most companies will bring in a dumpster to store all of the debris. However, if they recently finished extensive renovations, your interior may need industrial-strength cleaning.
Landscaping Costs
During exterior renovations, contractors will take precautions to protect your lawn. They’ll cover flower beds and ornamental shrubs with a tarp to protect them from falling debris. However, during extensive exterior renovations, your landscape may suffer minor damage or need to be updated.
Let’s Start a Conversation!
To learn more about the different factors you need to take into account while preparing your budget, consult the interior remodeling contractors at DreamMaker Bath & Kitchen of Hollywood. To get started with a no-obligation consultation, call us at (305) 925-5999 or leave us a message online! We also offer the DreamMaker Virtual Modified Process for your convenience and safety. We serve homeowners in Hollywood, Aventura, Hallandale Beach, Golden Beach and Pembroke Pines, as well as the surrounding communities.
