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Counting the Cost Before Tackling that Project

There are many things to consider when planning a project-scope and budget being at the top. Additionally, you have to consider what you can do yourself and what will require a professional.

To plan the scope, you first must think in terms of the whys. Are you going to undertake this project because you want to refresh the space, is there an architectural or structural reason, or are you going to be putting your home on the market in the near future. If you are putting your house on the market you need to consider the potential buyer and their needs. If you are looking to do the project for your personal benefit, then you will consider your needs and what functionally will work best with your circumstances. If it is necessitated by structural needs, then certain things will not be negotiable-they will have to be part of the scope planning.

Again while considering your budget, the reasons for the project will come into play. If you are planning on listing your home soon, you have to determine what will increase the value of your home, but you will also have to consider if it fits into the comparable home market in your area. Will the improvements cause your home to be overpriced?  Two things professionals recommend that you include in your budget are contingency money and money for professionals that might be necessary. Contingency money is important-suppose you start taking that wall down and discover there is mold? An unexpected expense can set you back if you don't have a little cushion. Then there is the professional-part of the decision as to what you can tackle yourself and what is just beyond your abilities. Sometimes we can underestimate the value in getting a professional opinion. For remodeling projects, a design consultant or a contractor's opinion just might save you a costly expense during the project. Like is that wall really necessary-it just might be load bearing? If you are going to put your house on the market, a real estate agent or stagger's suggestions just might mean the sale or the highest bid. There might be certain items that you might decide you can do without once you consider all the expenses that might be involved. You might chose a more affordable countertop or back-splash. And there might just be some things you are willing to pay more for-the statement piece, the one of a kind heirloom table, or those all important kitchen cabinets.  

Counting the cost embodies several key factors. It's worth the time to count the cost so as to not pay the cost in the end. Considering the Scope, Budget, Skills (or lack of them), and the Whys of the project will help you to make a project a success from start to finish. There will always be obstacles or the unexpected, but by being prepared, you can make that dream a reality. Rustiques would love to be there as your partner as you do. 

 

 

 

 

 

 

 

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