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FAQ
Is it better to hire a general contractor or a subcontractor?
Hiring a general contractor is usually more expensive than hiring a subcontractor. A general contractor often has many workers, which means they can charge their clients more for labor. A subcontractor on the other side only employs one person, so he/she charges less per-hour.
What should I do first in a house renovation?
Cleaning out clutter inside and out is the first step to fixing up a house. Next, clean out any moldy areas. Final steps include cleaning up exterior surfaces and applying new paint.
What are my considerations when purchasing a new house?
You need to ensure you have enough funds available to cover closing costs before you buy a home. Refinancing your loan is an option if cash is tight.
How do I renovate my house with zero money?
When renovating a home without spending money, the following steps should be followed:
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You should create a budget plan
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Find out the materials you require
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You must decide where to place them
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Make a list with the items you need to purchase
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Figure out how much money you have available
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Plan your renovation project
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Get started on your plans
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Do some online research
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Ask friends and family for help
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Get creative!
Statistics
- The average fixed rate for a home-equity loan was recently 5.27%, and the average variable rate for a HELOC was 5.49%, according to Bankrate.com. (kiplinger.com)
- According to the National Association of the Remodeling Industry's 2019 remodeling impact report , realtors estimate that homeowners can recover 59% of the cost of a complete kitchen renovation if they sell their home. (bhg.com)
- They'll usually lend up to 90% of your home's "as-completed" value, but no more than $424,100 in most locales or $636,150 in high-cost areas. (kiplinger.com)
- On jumbo loans of more than $636,150, you'll be able to borrow up to 80% of the home's completed value. (kiplinger.com)
- A final payment of, say, 5% to 10% will be due when the space is livable and usable (your contract probably will say "substantial completion"). (kiplinger.com)
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How To
Do you renovate interior or exterior first?
Which one should you do first?
There are many factors that you should consider when choosing the right project. The most important thing to consider when deciding which project to start is whether the structure is old or new. If the building is old, then there are many things to take into consideration such as the condition of the roof, windows, doors, flooring, electrical system, etc. If the building is new, then there are many different aspects to think about such as the location, size, number of rooms, style, etc.
The roof should be the first thing you look at if the building's age is a concern. If the roof looks like it could fall apart any day now, then you might want to get started on the renovation before anything else. The roof should be in good shape before you move on to the next stage. Next, take a look at the windows. If the windows are dirty or broken, you may need them to be replaced. Next, clean the doors and ensure that they are free of debris. Next, check that everything seems to be in order before you begin work on the floors. Be sure to ensure that the flooring is stable and strong so that you can walk on it without slipping. After you have completed these steps, you can move on the walls. Look at the walls and see if they are cracked or damaged. If the wall is intact, then you can move to the next step. Finally, once the walls are inspected, you can work on the ceiling. You should inspect the ceiling to ensure that it can withstand any weight you put on it. If everything checks out, then you can move forward with your renovation.
If the building was new, you will want to inspect the exterior. The exterior of the home should be examined first. Is it in good condition? Are there cracks or holes? Is it in good condition? If your exterior isn't looking great, you should make some changes. Your home shouldn't look shabby. Next, you need to inspect the foundation. The foundation should be inspected for weakness and repaired. Also, be sure to check your driveway. It should be smooth and flat. If it isn't, then you should probably fix it. Check the sidewalk as well. It should be replaced if it is uneven.
These areas should be checked before you move on to the inside. Begin by inspecting the kitchen. Is it clean and well kept? If it is messy, then you should probably clean it up. Next, examine the appliances. The appliances should be in good working order. If they aren’t in great shape, then either you buy new ones or replace them. Check the cabinets after this. You can paint them if the cabinets are stained or damaged. If they are in great condition, then you can go to the bathroom. Here, check the toilet. If it leaks, it is time to get a new one. You can wash it if it is just dirty. Next, take a look at all of the fixtures. Make sure they are clean. If they're dirty, you need to clean them. The countertops should be inspected as well. Repainting countertops is advisable if they have cracked or are chipped. Sealant should be used if the surfaces are smooth and shiny.
The final step is to inspect the furniture. You should make sure nothing is broken or missing. You should find what is missing if it is not there. You should fix anything broken. Once everything is in order, you can then move on to the next step.