One of the first questions people ask going into a remodel meeting is “how much will this cost me?” There is no simple formula to how much a remodel will cost, and every situation has its own set of variables and circumstances that affect the final price of a project.
As a home owner going into a remodel, here are some variables you might not have considered:
- The location of the remodel in your home- is it on the first floor or second floor, and how will the materials be transported? Is it easily accessible?
- Once a demolition project is started, sometimes setbacks occur such as discovering asbestos, mold, or other unexpected things. This would take additional time, money, and crew that would not be originally calculated into a price.
- Will there be a dedicate site supervisor who will be the go-to person for questions, or will that job be run from an office off site? You also have to consider if all the workers on the crew are insured and qualified.
- Will upgrades be necessary to add on during the process? This includes water, gas or electric.
- The quality of the finished product is a major factor into the cost. What materials have you chosen, high end or bargain? Make sure to weigh the pros and cons of each, choosing a cheaper quality product might save you money in the short term, but might not last as long and cost you more to replace.
There are too many variables in a remodel project to truly judge how much the final project will cost. The best way to think about it is cost vs. value. There are many ways to cut corners and save cost, but the higher the quality of the products and service, the longer your remodel will hold its value.
Looking to start a remodel project of your own? RIGGS is here to help! We offer superior design, planning and remodeling solutions that are truly second to none. Drop us a line or visit us 24/7 at www.riggscompanystl.com.
