How Can You Be Sure Your Remodel Is a Good Value?

Greenville, SC Real Estate Podcast with Dan Hamilton

Follow these five steps when you decide to undergo a remodeling project in your home.

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When it comes to remodeling your home, how do you know if you’re getting a good deal?

Because of the shortage of inventory, we’re finding that a lot of buyers are emulating HGTV and trying to remodel their current homes instead of buying a new one. With that in mind, here are five steps to consider when it comes to remodeling your home:

1. Vet your project. Put together a plan for how to complete your project, including blueprints, materials, and potential costs so that you’ll know how feasible your plan is.

2. Vet your contractors. Be sure to ask a potential contractor for their portfolio, ask past clients about their experiences working with them, and check online reviews to get a sense of people’s feelings about them.

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Since they’ll be your greatest ally in getting your remodeling project done, you’ll need to establish a relationship based on trust, regular communication, and reasonable flexibility.

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3. Compare your bids. Make sure that each of your bids have the same features—when comparing different contractors in terms of prices and time frames, you don’t want to compare apples to oranges.

4. Motivate contractors with money. Contractors need an incentive and a budget to be able to create your project, so be sure to be fair to them. Withholding funds from a contractor could make your project take longer than expected and possibly cost more, too.

5. Build trust with your contractor. Since they’ll be your greatest ally in getting your remodeling project done, you’ll need to establish a relationship based on trust, regular communication, and reasonable flexibility.

Hamilton & Co. has a number of contractors we work with on a regular basis. If you would like a referral to get a bid on a project you’re planning for your home or have any questions for us, please reach out. We’d love to connect you and help you on your way to accomplishing your goals.