by Janet Nettles, Middle Tennessee Properties
You closed on the home and moved in. It’s yours you can make any changes you desire. However, should you? And if you do, how do you get started? If you aren’t careful you could make very costly mistakes.
WHAT TO DO FIRST
Make a list of the remodel work you want to do. Research contractors you plan to use. Talk to the contractors, ask if they are licensed and bonded, and ask to see proof. Ask for several written estimates and material lists.
THE NUMBER ONE MISTAKE
Going with the lowest bid isn’t always the best. Are they using the same materials? The same brand of replacement equipment? Ask what the timeline is for completion. Ask questions.
REPLACING WINDOWS AND DOORS
If you don’t plan on being in the house for at least five years, you might rethink replacing all the windows and or doors. If you sell before the five years, you won’t get your money back on the replacements.
PUTTING IN A POOL AND FENCING
If you are planning living in the house for five years or less, you might want to rethink these additions. Even if you do plan on living in the house for five or more years, a pool or hot tub is not a selling point. If you are thinking about fencing, what will it add to the property?
THINK BEFORE YOU ACT
Live in the house a few months before you do any major remodel.