Have you started thinking about making improvements or renovations to your home? Perhaps remodeling your kitchen and bathroom or building on a new addition for more space and comfort? After three decades as a trusted Brevard County general contractor, we’ve learned asking the right questions is the key to helping people make the right decisions. Here are a few things to ask yourself before moving forward with a luxury home remodel or large addition project.
1.What are your needs, wants and wishes?
What are the improvements you deem essential? For example, adding a mother-in-law suite because your aging mother is moving in with you and your family later this year, or replacing your living room windows with double-pane, impact-resistant windows after last year’s brutal hurricane season.
Knowing what’s absolutely necessary, what you hope to be able to include, and what’s on the wish list helps both you and your contractor team to prioritize.
The more clearly you can identify what are the core essentials, the better. This empowers you to make more informed decisions on how you spend your money. Additionally, knowing which improvements are critical, and which you’re flexible on, helps your contractor provide a more accurate plan and cost estimate, which in turn, helps you plan financially.
2. Is my goal to live-in or sell my home after this project?
Is your renovation project something you and your family will be enjoying for many years to come, or are you making improvements to your home to increase its value in the hopes of selling it? With such a “hot” real estate market here in Central Florida, chances are good you’ve weighed the renovate and stay vs. sell and move on option at least once in the past few years.
This is an important question, as it will help you decide how to spend your money in the wisest fashion. Certain projects add more resale value than others, so any improvements you plan to make, it’s worth keeping that in mind as your plans start to develop.
No matter whether you are deciding to stay or to sell, L.H. Tanner Construction will take into consideration what the value of the project is worth and what are the values of the surrounding real estate so that the homeowner can make an educated decision.
At L.H. Tanner, we prefer to work with homeowners who plan to stay and live in their improved space for a long period of time. Our mission is Building Value that Lasts and we enjoy hearing from and seeing our clients enjoy their living space .
3. Will you live in your home while it’s being remodeled?
Remodeling your home can be a disruptive experience, even more so when you’re living in the middle of a construction zone. Consider whether you’ll stay at home, or somewhere else during the building or renovation process. If you have the ability to stay elsewhere through the process, this will save time, money and possibly, your sanity.
4. What’s your budget?
You’ve thought through your project, made decisions regarding what is essential versus what you are flexible on, and you’re ready to start making some major decisions, however, you’re not sure what it’s going to cost and you’ll need help with creating your overall vision.
The next step is to articulate what you’re comfortable spending.
This is the hardest task, as you might not know what the costs will be. There are online tools that you can use to get an average cost of a remodel or addition, based on your region and the square footage. This helps to give you a ballpark estimate of what it might cost, which is a good start. Next, you’ll need to figure out is this is something you plan to pay for out of pocket, or if you’ll need to secure financing via a construction loan.
At L.H. Tanner, we treat your money, time and investment as if it were our own. We’re committed to doing things as if we were planning to do them for ourselves. This is our commitment to you. Using our Plan-Build method, we provide a comprehensive service that includes concept development and planning to the construction and completion of project.
Overall, our goal is to assist our clients to make informed decisions through correct planning, and always, build value that lasts.
Get started today and request a consultation or give us a call at 321.259.8099. We look forward to serving you!