Get Ready to Tackle Home Improvement Projects
Are you ready to take on some home improvement projects? Developing a project plan can help you nail down the details and keep your projects on track.
Do you have a running to-do list of repairs or a wish list of upgrades you’d like to make to your home? Whether you’re planning a small DIY project or major home renovation, it’s important to do your homework before diving in. Working out the details in advance can help you complete the project on time and withing your budget.
Planning Your Next Project
Are you dreaming about all the possibilities — or dreading the work involved? Asking the right questions can help you identify what you need to keep your project moving forward. Here are some questions to ask to get started:
Do you have a project plan? Getting organized with a project plan can help you nail down the size and scope of your project. Keep a file (electronically or on paper) with all of your notes and quotes for your project.
What are your top priorities? Outline the goals of your project and the must-have features and finishes. Use an inspiration board and save examples of paint colors, material samples and home features you love.
How much will the project cost? For DIY projects, do some research on the prices of tools and materials you’ll need. If you’re hiring a contractor, request multiple estimates to get an idea of the cost of your project.
How long will the project take to complete? It’s important to set expectations up front so you know what to expect. If you’re planning to chip away at the project in your free time, break it down into stages so you can focus on step at a time.
Should you hire a professional? If you need a plumber, electrician, carpenter, painter or home remodeling contractor for the job, interview two or three contractors and ask for references. Get detailed estimates and make sure the contractors you hire are bonded and insured.
Do you need permits? If you’re doing the work yourself, contact your local government to inquire about local building code regulations and apply for permits, if needed. Or, ask your contractor about the permits required for the work being done.
Are you ready to renovate? Prepare your space by moving or covering furniture and making alternate living arrangements if certain areas of your home will be unusable during construction.
Home Improvements Pay Off
The time and money you invest in your home can provide benefits in the long run, potentially increasing the resale value and enhancing your enjoyment of the home. If you have some big projects in mind — adding a bathroom, remodeling your kitchen or replacing flooring — you may need some extra cash to get it all done right.
Learn more about ways to tap in to the equity in your home to fund home improvement projects and other goals. Amegy Bank offers several options, including home equity loans[cite::1402::cite] or lines of credit[cite::1402::cite] with a variety of terms and competitive rates. Connect with our local bankers to learn more or to apply.