Tips & Advice
Do home remodeling companies offer warranties?
Yes, home remodeling companies have a responsibility to offer minimum warranties to clients, and many of the reputable ones provide warranties well beyond the minimum terms.
Do home improvement projects require a permit?
Yes, home improvement projects almost always require a permit. Only remodels that are purely cosmetic--i.e. interior painting, cabinet refacing, replacing hard flooring--do not require permits. It is usually prudent to check with the local building/permitting office in advance of beginning the project.
What is a home improvement contractor?
A home improvement contractor is a licensed, insured, and bonded residential contractor who specializes in home renovations, home remodels and additions. Some home improvement contractors are mid-sized companies with employees, and they can handle major projects, such as second-story additions, from soup to nuts, bringing on reputable subcontractors and handling the permits with the local authorities. Other home improvement contractors specialize in just a few trades, like flooring or roofing. Individual, inexpensive home improvement contractors can be just a step up form handymen or carpenters--but if they’re making any lasting changes to the residence, they should still be licensed and insured.
What is a home improvement loan?
A home improvement loan is a loan specifically earmarked for renovating/remodeling the residence, and if the collateral is home equity, the borrower usually needs to detail the scope of improvements and costs, and a contractor needs to sign off when complete. However, people with good credit can also commonly take out unsecured home improvement loans, and there’s also an option of taking out a subordinate (second) mortgage.
Is home renovation the same as home remodeling?
Home renovation is not the same as home remodeling, though it is similar. Home renovation is the term for making improvements to the elements of a residence that are rundown or noticeably dated or too old to be comfortable/livable any longer.
How much does it cost to remodel a house?
The price to remodel a house depends on what project you are undertaking, the scope of work, and the cost of materials. It also depends in large part on what the contractor charges and what kind of finance terms the homeowner gets.
A minor kitchen remodel costs, on average, $20,000. A mid-range bathroom remodel costs in the range of $16,000-$18,000. A basement remodel costs on average slightly more than $60,000.
Home remodeling is the term for making structural, functional, or aesthetic changes to a residence that is in decent condition already.