When is a good time to Remodel?

There are many factors to consider while making your decision to remodel. I often meet clients that wait until they are planning to sell and remodel to get the best value for the home, the challenge here is that there is often regret that they did not do this work sooner to enjoy the home more!

If you are planning on a Home Equity loan, NOW is a great time as interest rates are low, and even better after the project is complete a re-finance could even lower your monthly payment more!

Ultimately the best time is when you feel completely comfortable with the cost and have trust in a Contractor. My experience is if you are struggling because it doesn’t feel right, often there is a reason for that. Perhaps you are uncertain about the cost of your project. I always suggest that my clients get at least two other proposal for the work to confirm pricing. If you are struggling getting responses from contractors during the initial phase, this could also be a cause for concern. Perhaps create a written list of pros and cons for any phase of the project you might be struggling with, this often helps provide clarity in the decision making process.

As you go thru the early phases of project development there should always be a free flow of information, and timely response to any questions or requests from contractors, designers, architects etc.

Once you have committed to the cost of your project, taken the time to consider the impact on your family and the reward at the end of the construction, and come to trust your contractor, then it is the right time!