The success of a home renovation project is a very subjective assessment for most homeowners. It is a balance of one’s expectations with their home remodeling priorities. One families priorities may only be completing their home renovation on budget and are willing to struggle with their remodeling contractor to reach this goal. While another family’s priorities were focused on the finished product and minimizing the impact on their lives during the remodeling process.
The success of a home renovation project clearly depends upon a number of key factors being carefully defined and orchestrated in an orderly and sequential matter. This is accomplished by developing realistic priorities and expectations around well defined set of design and construction goals. Developing a renovation that represents your lifestyle for most people is one of the highest priorities for a home renovation.
One of the most important factors is designing a home renovation project to reflect the lifestyle your family lives. This applies to all facets of your family’s life such as how often do you entertain and how do the children use the home for play and studying. We recognize that as a family evolves and changes, so does your lifestyle. Your home should evolve and change with these milestones. As our parents get older, we may want them to live with us. Your parents may be more acceptable to this idea if your home provides some privacy for them and make them feel some independence.
Whatever the changes are that drive your needs for a home renovation, designing for your lifestyle should be first and foremost. From preparing for a growing family to adjusting to being an empty nesters, your home should accommodate the natural requirements that these changes of life present. Anticipating and planning your home renovation for such lifestyle changes will provide you with a greater fulfillment with your results.
Trusted Adviser & Advocate
As with anything that is complicated and involves large sums of money, major home remodeling projects are not wise for an owner to undertake without vast amount of direct experience or services of a trusted adviser. A trusted adviser or a remodeling advocate provides the owner with a reality check on the viability, constructability and feasibility of any matters or conflicts that might arise. Having a trusted adviser builds confidence and results in better decision making on the behalf of the owner.
By using a general contractor that you trust or some other advisory expert can save you time, money and major headaches. It is much like having a coach in your corner for all major decisions. They act as a sounding board to layout your plans and a practical adviser protecting your interest before, during and after your project. These advisers can come in the form of the general contractor that facilitates the improvements or an independent professional to use support the process as needed.
Feasibility & Budget
Preparing for a home remodeling project without a feasibility study and conceptual budget is like taking a cross country trip without a map. The feasibility study is a sanity test to confirm that a home renovation project makes financial sense. The feasibility study looks at the proposed remodeling budget and adds it proposed cost to the current market value of the subject property. Then it is compared to comparable properties in your immediate neighborhood to evaluate values based upon price per square foot.
By going through this exercise the owner acquires a higher level of confidence that the subject property will not be over built for the area and has the ability to make a return of their investment dollars. The feasibility study also provides the owner the ability to be proactive in decreasing the conceptual renovation budget or increasing the budget before committing to a substantial expenditure.
Architectural Design Theme
There is an art form to designing home renovations that do not look like remodeling projects when completed. The art form is creating consistency and continuity with the new design areas of the home with those areas of the home that are not being remodeled. If the owner elects to recreate a design from a traditionally designed home interior to a contemporary designed interior, it is a best practice to do a comprehensive remodeling design of the complete main portion of the home.
By having a complete home renovation design plan provides the owner an opportunity to strategically select phased renovation projects. A phased renovation project involves breaking down a large remodeling project into smaller less impactful projects. This allows the owner to pick and choose what areas of the home to remodel in phases as money and their schedule allow.
Selecting Major Products
One of the key factors that will disrupt your budget is poorly prepared product allowances or owners paying little regard to maintaining pre-established product quality standards used to establish allowances. Product allowances are products that are preselected as a pricing benchmark in the absence of the actual products being selected by the owners for a major home renovation project. These product selection allowances if not properly prepared can have a very disruptive effect on maintaining a construction budget.
Product allowances can represent as much as 50% of the entire construction budget. Care should be taken in preparing the preliminary product quality standards when developing the renovation budget. This requires your remodeler to ask the owner about the products the owner intends to use and guide them through the budgeting pricing exercise. It also requires discipline on the part of the owner to demonstrate restraint if maintaining the budget is a high priority.
Life with Renovation Construction
The actual home renovation service experience during the remodeling project by the owner has much to do with the owner occupying the home during a major renovation. When an owner elects to actually live in the home during the construction renovation their anxiety and stress levels escalate. Although they may reason that living in the dust and debris is worth the savings of temporary quarters, they will remain uncomfortable and inconvenienced throughout the duration of the project remodeling task.
Special provisions are required to be planned and implemented to make the owners comfortable during a major renovation. These accommodations require additional cost to be occurred on behalf of the owners. These conditions also require a greater need for security to the home during remodeling. The owners temporary living quarters and the homes contents need to be protected from damage and intruders during working hours. The best result is to avoid living in your home during a major renovation project.
Understanding these key factors is essential in executing a successful home renovation project. Although they are separate and distinct components and tasks, these key factors are interrelated and interdependent at achieving success. Careful consideration should be used addressing each of these when preparing the design and building plans of a major home renovation project.