Home Renovation. Sunday , September 23rd , 2018 - 01:33:48 AM
An experienced home renovation contractor saves you additional cost, effort and time. He can also recommend some better designs and methods that you might not have thought of. He manages all aspects of your home renovation project, like hiring and supervising subcontractors, getting building permits and so on. Choosing a competent contractor can help you make your home the most valuable asset.
Depending on where you live and the type of renovation you are doing, you may be required to have permits. Laws differ from country to country and even from one state or province to the next. Moreover, without proper permits, you may face problems when it comes to the sale of your home. Essentially, home buyers will want to be sure that all renovations are done according to building regulations.
Still, you probably want some advance advice about how to budget for your renovation. It is important to consider two main factors that will affect the price tag on your project - soft costs and hard costs. Soft costs include design and budget development, permit fees, and professional fees (i.e. the cost for architecture and interior design). Hard costs are related to the construction phase of your project and will include the cost of labour and materials. In the typical renovation, soft costs account for about 30% of your budget, while hard costs make up the remaining 70%.
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