Its the time of year when many of you are contemplating your next project, but every remodel requires careful planning, preparation and budgeting.
Estimating remodel costs up front can seem like and impossible task - so many factors contribute to the bottom line of a project, including the size of each room, underlying problems that you’re blissfully unaware of, the cost of the materials and the extent of the remodel. Thankfully, there are a number of steps you can take to give you a good ballpark figure for your new space, and allow you to clarify what expenses you are like to incur and where you can make adjustments right from the outset
Map out a detailed budget before you start.
If you are like many of our clients, you have a rough idea of your total budget, but haven’t really drilled down any further than that. While you’ll need to get estimates from licensed contractors - and yes, we do mean more than one - but you can start to map out many of the costs by yourself.
One of the challenges of living in the Bay Area is that home remodels are more expensive than the national average so searching ‘ how much is a kitchen remodel’ online isn’t much help. Following design DIYers in North Carolina or the Midwest on Instagram is great for inspiration, but the alluring taglines of ‘remodel a bathroom in a weekend for under $3000 doesn’t tell you that they already had the tools, the expertise and often at least one product sponsorship…
So, what to do instead? We recommend that you head over to Houzz, where you can search projects by location, so you can see what types of projects are going on in your neighborhood, and how much they have cost. Most projects have descriptions that discuss what structural changes were made, what types of cabinetry, appliances and finishes were included and allow you to get a much better idea of where they allocated their budget.
If you need some help, we’ve created a handy project planning spreadsheet that you can use to get you started.
You’ll need to click on “File > Download As”. You can then download in your preferred format and save to your own computer.