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How to Prioritize Remodeling Projects After You Buy

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Six months ago, all you wanted to do was buy a home. Endless listings and plenty of viewings later, you have finally signed on the dotted line. You have the keys in hand. What next? If you are like most people, you probably have a list of remodeling projects running through your mind. Remodeling comes with the territory.

Assuming that you haven’t bought a fixer-upper, you probably aren’t looking at major projects like roof replacement, HVAC replacement, or foundation repair. Rather, you are looking at remodeling projects involving things that will make living in the house more enjoyable. So how do you prioritize such projects?

Prioritizing remodeling projects can help prevent feeling overwhelmed. It can also help keep you on track. If you do not prioritize, you probably won’t have a plan. And without a plan, you may spend years on remodeling and never quite get it all done.

Figure Out What’s Most Important

People looking to buy a home tend to have discussions with their real estate agents about what is most important. That’s because it’s rare to find everything you want in a single home. Well, the same principle applies to addressing remodeling projects. You start by figuring out what is most important, knowing that you cannot do all your projects at once.

We recommend making a list of everything you want to do. Then rank each item on the list in order of importance. Now you have a starting point. Do the most important renovation first. Then go to the second, and the third, and so on. Just remember that your priorities may change as time goes on.

Figure Out Your Budget

It is easy to let your remodeling schedule go by the wayside due to budgetary constraints. Remodeling costs money. Unfortunately, the money isn’t always there. But don’t look at a limited budget as the end of your hopes for remodeling. Instead, be diligent about maintaining your budget and work your way through it.

For example, you might not be able to afford paint that costs $100 per gallon. That’s okay, and it’s not the end of the world. Buy at half that price and perhaps you can check painting off your remodeling list.

Consider the Time Commitment

We generally talk about budget in terms of money. But we can also apply the same principle to time. You only have so much time to spend on remodeling. So initially, how much time will you have to devote to home improvements? If it’s not a lot, don’t tackle one of those huge projects that could ultimately end up taking months to complete. Start with smaller ones that you can get done more quickly.

Accomplishing those smaller projects will give you a sense of satisfaction and pride. You will be encouraged that you really can handle home remodeling. That way, when you have the time for the big projects, you will be able to approach them with more confidence.

Be Prepared for Delays

We should probably wrap this post up by talking about delays. No matter how much you prioritize, plan, and budget both money and time, the chances of every remodeling project going off without a hitch are slim. There are going to be delays. Plan on it. Rather than getting bent out of shape, just keep plugging away until the job is done.

After buying a home, most homeowners start thinking about remodeling. From a fresh coat of paint to new floors and completely gutting and remodeling the kitchen, it’s all on the table. Prioritizing remodeling projects is one of the keys to eventually getting them all done.

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