Home Renovation Costs & 4 Things to Consider Before Hiring a Contractors

Considering Taking On A Home Renovation Project in St. Louis? Here’s What You Should Know

Recently purchased a fixer-upper? Or perhaps you’ve been living in your current home for several years, and it’s in desperate need of an overhaul. Whatever the case may be, a home renovation project could be just what you need to breathe new life into your living space while increasing your property’s value.

Undertaking a massive renovation project in St. Louis isn’t for the weak at heart. After all, such a project can be overwhelming, especially if it’s your first time. So, where do you start?

First off, it’s a good idea to learn as much as you can about the home renovation process before you start hiring contractors and buying materials.

Home Renovation Costs in St. Louis

According to a survey conducted by Houzz in the top metro cities in the United States, on average, homeowners spend approximately $13,000 renovating their homes. However, home renovation costs in St. Louis can depend on various factors, such as the size of the project, whether mechanical or structural repairs are necessary, or if there are any underlying issues.

No doubt, renovating a house can be expensive, but it can add to the functionality and comfort of your home.

Types Of Home Renovations

Often, the term “renovation” and “remodel” are used interchangeably. However, when it comes to the construction industry, these two terms are vastly different. The definition of the term “remodel” is to remake. Home remodeling involves altering a structure.

On the other hand, renovation refers to reviving or restoring something to a good condition. A home renovation project entails making structural and cosmetic improvements. If you decide to invest in any home improvement project, knowing the difference between the two is essential.

Here are the main types of renovation projects homeowners decide to undertake:

The Basics

A basic home improvement project often involves making functional repairs, improvements, or upgrades that can include but are not limited to:

•        Installing new flooring
•        Repainting the walls and fixing the drywall
•        Installing new gutters and downspouts
•        Upgrading the plumbing or HVAC system
•        Redesigning the living room and bedrooms

Value-Based Renovations

Major home renovation projects can yield the highest return on your investment. These are typically value-based improvement projects like:

•        Kitchen renovations (installing new cabinetry, kitchen flooring, and adding state-of-the-art appliances)
•        Upgrading the bathroom (installing new flooring, replacing the fixtures, vanity, or switching out the bathtub)
•        Installing new windows or siding

Preferences

Yes, some home renovation projects involve making improvements or upgrades that you’ve personally always wanted to make to boost the overall aesthetics of your home. These home renovation projects may include adding amenities like a swimming pool, hot tub, wine cellar, or building a walk-in closet. Converting an old, drabby basement into a home gym or game room is also a preference-based home renovation project.

Home Renovation Ideas

Once you decide what type of home renovation project you’re interested in investing in, it’s time to come up with design ideas. This type of project requires a massive amount of creativity and imagination. It’s impossible to begin the renovation process if you don’t have any ideas in mind.

Some of the best places to turn to for home renovation ideas are home improvement magazines, websites, and even social media sites like Pinterest. If it’s in the budget, you might even consider hiring a professional interior designer to conduct an assessment of your house and develop a solid design plan.

4 Things To Consider Before Hiring Home Renovation Contractors

While there are some tasks you can do yourself when renovating your home, at some point, you’re going to have to seek professional help. You might be intimidated by the thought of hiring contractors because of some of the horror stories you’ve heard. How can you make sure you hire the right contractor?

#1. Do Your Homework

Before you make any agreements with a team of contractors, you’ll want to make sure you do your homework. Focus on individuals who have experience working on similar projects and can provide examples that attest to their abilities. In addition, you’ll want to make sure the team you hire is accredited and insured.

#2. Take Your Time Making Your Decision

You don’t have to hire the first capable contractor that you find. Instead, it’s best to create a list of candidates and interview them individually. An interview gives you a chance to ask important questions and find out if they will need any permits to complete your project and how long it will take to finish your home renovations.

#3. Obtain Quotes

Of course, the final deciding factor will be how much their services are going to cost you. Obtain quotes from each of the contractors you’re interested in working with. The quote should cover the cost of materials and labor hours. Don’t jump at the lowest price quote. Depending on the contractor’s skill, experience, and samples, higher costs might be worth it in the long run.

#4. Don’t Forget to Put It In Writing

Once you have selected a contractor that you feel is best for your home renovation project, the next step is to have them sign a contract. A legally binding contract ensures that you are protected. The contract should outline crucial factors such as the overall cost, payment schedule, and the estimated completion date.

Home Renovation Near St. Louis

What comes first in the home renovation process? Believe it or not, there is no right or wrong way to renovate your house because the choices you make are all based on your preferences. The truth is as long as you’ve got the business side of the renovation process in check, the rest doesn’t matter.

Are you ready to transform your home? When you seek home renovations near St. Louis, contact Tidy Bug Dumpsters are your trusted experts. Our team of contractors is licensed and bonded. We have the experience and the skill needed to help you create the home of your dreams.