Potential budget busters for bathroom renovations
Posted on Friday, January 20, 2012 at 9:26:16 AM
A homeowner creating a budget to appropriately allocate funds gained from home improvement financing should consider keeping in mind all of the little or not-so-little things that can pop up and burst a budget. There are a lot of potential budget busters in a bathroom, and a smart homeowner creates a cushion so that all of those surprise expenses do not halt the project indefinitely.
Here are just a few of the more common surprises that can crop up and make a bathroom renovation more expensive than planned.
Behind those walls could lie decades of potential plumbing blunders. The simple deterioration of materials or the need to update to modern plumbing standards may have contributed it its decay. However, unless a homeowner has been living with a leak there may be no way to know these flaws exist until a contractor opens up the walls.
It can be easy to forget in the world wind of tile decisions that labor will often cost approximately one third of a renovation project. A homeowner should hire an honest contractor and keep them close, in order to accurately tally how much labor will cost as the renovation progresses.
If a homeowner is starting entirely new and has a few available friends with general construction knowledge, they can save considerable cash by doing the demolition themselves.