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Establish A Realistic Budget Before Any Renovation | iFLOOR

Posted on August 27, 2012 by iFLOOR There have been 0 comments

Home improvements can make your life at home more convenient, comfortable and stylish. Done right, they can improve your home's market value too. Setting a realistic budget for your renovation is one of the first steps you should take during the planning and preparation stage. Because renovations can also encounter unexpected obstacles, experts recommend that you set aside 15 to 20 percent of your remodeling budget to cover unforeseen expenses.

Establishing a realistic budget provides parameters for your entire renovation and helps set guidelines for each purchasing decision along the way as well. In a kitchen remodel, for example, cabinets typically account for around 30 percent of the renovation. By establishing a firm budget beforehand, you

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