Home remodeling can be a fun and exciting project. It can be a great way to improve your home’s value, making it more cozy and appealing. It can also be nerve-racking to budget for the entire project, considering the materials and equipment needed. According to a study by the American Rental Association, equipment rental in the construction sector is at an all-time high. In fact, 93% of the survey participants claimed to have rented equipment in 2019. Why is this figure so high? Here are some of the little-known facts on home remodeling.
1. Things May Not Always Go as Planned
Planning before remodeling can ensure that the project is completed within time and budget. However, things do not always go as planned. There may be delays in your contractor supplies, damages in materials, and accidents, among other problems. Therefore, it is crucial that when this happens; you are prepared.
2. Be Realistic With Your Budget
According to Ramco Rental, the average home improvement expenditure averaged $8,305, an increase of $745 from 2019. Most people make the mistake of working within a fixed budget. They forget it is always wise to set aside an additional 10 – 15% extra cost to accommodate hidden expenses. Doing this will help you cater to emergencies and other additional tasks as the project continues.
3. Prepare For the Unexpected
A home remodeling project can quickly turn into house repair as glitches in the house come to light during renovation. A contractor may find a leaking roof, cracked walls, uneven floors, or any other problem that must be properly repaired before the renovation. It is thus wise to plan for extra time and cost to cater to these anomalies.
4. Remodeling is a Linear Systematic Process
Working out of sequence to beat the deadline can have disastrous outcomes for your entire project. Remodeling is a linear process, and everything has to follow a logical order. It would be best to set up your contractors, such as electricians, plumbers, and A/C mechanics, to work at intervals.
As you endeavor to remodel your home, ensure you have a solid plan, the right equipment, and a contingency plan for the unexpected. Should you need any help with equipment for your remodeling from rental services, reach us today!