If you decide to renovate your home, there are many things to consider, such as timing and whether you’ll need a home improvement loan. You’ll likely want to understand the process and what comes first. Knowing what to expect lets you plan accordingly and avoid unwanted surprises. While every renovation project is unique, most involve the following phases:

Planning

First and foremost, think about what you hope to accomplish by renovating. Maybe the goal is to update an outdated kitchen. Or perhaps finish the basement or refresh the primary bedroom. Once you nail down the kind of project, you’ll need to determine a timeline. Is this something you’d like to finish within the next six months? Or is this project a long-term vision you’d like to complete in a few years?

Budgeting

Since home renovations can be pricey, figuring out a budget is important. You can do online research to understand what similar projects for homeowners in your area cost. While you budget, make sure you consider your existing financial obligations, such as everyday expenses and debt payments. Try not to spend more than you can afford to avoid finding yourself in a cycle of debt.

Hiring

Unless you plan to renovate your home yourself, you’ll need to shop around and compare different contractors. If possible, request at least three different estimates to choose the ideal option for your unique budget and situation. Remember that the cheapest comfort isn’t always the best. Read reviews and ask for references to ensure you choose a reputable, experienced professional.

Ordering

Once you have a game plan and a contractor, it’s time to secure any permits you may need and order your materials. Your project may need permits depending on the goal and the most recent regulations in your municipality. After you work with your contractor to take care of all necessary permits, you can order materials like drywall, lumber, paint, windows, and doors.

Demolition and wall work

In some cases, a full demolition may be necessary. During this time, you can expect some disruption in your daily life. If you work from home or have children or pets who are home, you might want to go elsewhere while your contractor is working on this part of your project. Some projects also require knocking down walls.

Paint, flooring, and installation

If your home renovations require painting or floor installations, this would be the last step. Your contractor will install your floors and paint the walls in the colors of your choice. For kitchen improvements, the contractor will install cabinetry and other components of your project. This is also the time for backsplashes, light fixtures, hardware, and other finishing touches.

The Bottom Line

While home renovations take time, money, and energy, the results are often well worth it. As long as you understand what to expect, you can increase your chances of a smooth process and a more beautiful home that you’re proud to call your own.

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