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Home renovation, also referred to as remodeling, is the process of redesigning or renovating an existing house. It involves undertaking projects to improve the exterior and interior look of the house. This can increase the value of your home. There are several factors that need to be considered when planning a renovation. These elements can make the renovation a success or a disaster.

Costs
When planning a home renovation, it is important to think about all the costs involved. Depending on the type of renovation you’re planning to do, the costs could vary greatly. If you decide to alter the structure of the building, the cost of renovation can increase by as much as 15 percent. You should be prepared to pay for insect removal and the replacement of damaged components. The time you spend with contractors can also add to the total cost.

Permits can range from $400 to $1800 based on the scope of the project. Large renovations typically require permits, but smaller modifications do not require permits. To learn more, check with your local municipality. Keep in mind that the costs can vary significantly between cities and regions. Construction costs are typically higher in urban areas than they are in suburban areas. Read more about home improvement here.

Time frame
The time frame for home renovation depends on the extent of the work and the supplies required. It is a good idea to develop a schedule spreadsheet for the project and then contact the service providers early. To avoid any delays, ensure that you thoroughly vet all professionals. The typical duration for a home renovation project is four to eight months. Large projects could take longer. Depending on the level of detail, a total renovation could take six months. A minor cosmetic change can take just a few weeks.

Based on the scope of your project, a bathroom remodeling could take just 6-8 weeks, while a two-story addition can take between three and four months. A complete house renovation could take a long time, but it is only possible if the homeowner isn’t living in the house during the renovation process. It is also possible to make only the exterior of your home to improve its appearance and curb appeal.

Materials
When you’re planning to remodel your home the materials you choose will play a significant role in the overall project. The right choice can enhance the appearance and function of your home and last many years. However, it is important to ensure that you don’t make a mistake when it comes down to materials. Certain materials are more expensive than others, and you do not want to risk damaging the structure of your home by cutting corners on materials.

Reusing old building materials is a green choice for renovations. You can give your home a rustic look by using recycled materials. There are approximately 135 million tons of construction waste produced every year. A single demolition of a building produces an average of 150 pounds of waste per square foot. Some of these materials include fine woods, bricks and other useful materials that would otherwise be wasted.

Permits
Permits may be required if you intend to modify the layout or design of your home. Building permits are required by numerous local government agencies. These permits are issued to ensure that the property meets certain safety and structural standards. You may have to cancel your renovations and pay hefty fines if you don’t have an approved permit.

Permits are necessary for a variety of different kinds of home improvement projects. They can be required for the addition of a room to your home, making structural changes, or installing the plumbing system of your choice. A permit is required for major demolition or roof repairs.

Insurance
You can increase the coverage of your home insurance policy if you begin a project of renovation. Renovations typically increase the value of your home. Additionally, certain renovations will increase the cost of replacing your personal belongings. Personal property insurance may be required to be higher in the event that you own expensive appliances or furniture for your home. But, you might be able to increase your coverage incrementally.

If you have made certain improvements to your home, you could be eligible for a reduction on homeowners insurance. Some insurance companies will offer an incentive to renovate your home by bringing your wiring, heating, and plumbing up to standards. Some providers may also require that the work be completed by a licensed professional to be eligible for the discount.