1. Expect Higher Costs (And Plan for Them)
The cost of materials and labor has been rising due to supply chain problems, inflation, and labor shortages. According to the National Association of Home Builders, prices for materials like lumber, steel, and drywall have jumped. These costs may not go down anytime soon.
What This Means for You: Expect higher bids from contractors and set aside 10-20% extra in your budget for surprise costs. Remodeling often comes with surprises, so planning ahead will help you stay on track financially.
2. Delays Are Likely (So Allow More Time)
Getting permits and waiting for materials can slow down your project. Right now, supply chain issues can mean longer waits, even for something as small as a tile design, delaying your project by weeks or months.
What This Means for You: Don’t rush your project. If you have a deadline—like a holiday or baby’s arrival—add extra time to your schedule. Allowing for delays will reduce stress.
3. Plan for Surprises (Hidden Problems May Appear)
No matter how thorough the inspection, surprises can still come up once construction starts. Issues like plumbing problems, mold, or structural damage can add time and cost to your remodel.
What This Means for You: Set aside an emergency fund of 10-15% of your budget to cover any hidden issues. A good contractor will keep you informed, but having extra money ready can help you avoid financial stress.
4. Your Home Will Be Disrupted (Prepare for the Mess)
Remodeling can disrupt your life. You may not be able to use your kitchen for weeks, and your house could be full of dust, debris, and construction noise. If it’s a big project, you might need to find somewhere else to live.
What This Means for You: If you’re remodeling key areas like the kitchen or bathroom, have a plan for temporary living arrangements. Some people stay with family or rent a place nearby. For smaller projects, try to set up areas in your home that are construction-free zones.
5. Communication is Crucial (Hire the Right Contractor)
Good communication with your contractor is key. Misunderstandings about design, schedule, or budget can lead to expensive problems. In today’s competitive market, finding a skilled and trustworthy contractor is more important than ever.
What This Means for You: Hire a contractor with a solid reputation, strong communication skills, and a clear process. Don’t just pick the cheapest option. Read reviews, check past work, and talk to former clients. A contractor who is open and clear about expectations can save you a lot of trouble.
Final Thoughts
A home remodel can add value and comfort to your home, but it’s important to plan carefully. By knowing the current market, preparing for delays, and choosing the right contractor, you’ll set yourself up for a successful project. At South Eastern General Contractors, we pride ourselves on delivering quality remodels with clear communication, even during challenging times. Contact us today for a consultation, and let’s bring your home renovation vision to life.
