Starting a remodeling project doesn’t have to be overwhelming and stressful. All you need to do is follow simple steps to prepare a good remodeling budget for your upcoming project. Juranek Home Improvement is the leading choice for new sunrooms, bathroom remodels, and other home improvement services in our area. Today, we will explain how to prepare your remodeling budget:

Remodeling Budget

  • Research and Ballpark the Costs - You’ll first need to do research on projects similar to yours and then get a handle on how much your remodeling project will cost. You can find approximate costs on the Internet, but we recommend working with a remodeling contractor like us instead. Our decades of experience mean that we can provide you with useful and accurate information on how much your project will cost.

  • Figure Out Your Finances - Next, you’ll need to get your finances in order. Some homeowners prefer to pay everything in cash, making things easy to sort out for their new window installation or sunroom addition. However, not everyone has that option. If you need to borrow from the bank, then you need to research the various available home loan options. Basic loan options include a cash-out refinance, a home equity line of credit, and a home equity loan.

  • Get a Quote - At this point, you’ll have determined exactly what you want from your project. Try to finalize every material choice or decoration option for your project. For instance, if you want a bathroom remodel, list down the specific tiles and bathroom furnishings that you will use for your project. This will allow us to provide you with an accurate quote for your project.

  • Set Priorities - Before starting your project, we suggest setting your priorities. Your project goals and your budget might not always be in perfect alignment. It’s best if you inform us about your most sought-after goals and objectives so we can recommend alternatives that will meet your budget and your priorities.

Follow these tips and your remodeling budget can provide you with everything you need during your project. However, it’s also important that you work with the right contractor. Juranek Home Improvement has been helping homeowners with their bathroom remodeling and other home upgrades for more than 40 years. We focus on delivering excellence and we never compromise on quality. We serve many areas including Sioux Falls, SD. Call us at (605) 339-4700 to learn more about our preparing a remodeling budget. You can also ask for a free quote.