Myth #1: I can do it myself
Myth #2: Repairs are cheaper than replacement
Your home’s integrity relies on a lot of different connected parts and when one goes, the many others could follow if not addressed properly. For instance, you can patch up a roof but when the heavy rain comes, water will naturally settle in the next weakest place. This may fix your problem for now but why not just replace it and pay one flat price? Warranties also come in to play in this situation. Whereas most repairs aren’t covered by a warranty, a full roof replacement normally comes with substantial coverage ranging between 10 and 25 years. In other words, do your research because some repairs are a temporary fix that will often cost you more in the long term.
Myth #3: Remodeling is inexpensive
Home remodeling has been glamorized on TV to make people believe that most projects are fairly inexpensive and quick to complete. Unfortunately, in this industry, price can vary substantially between contractors. As a homeowner you do not have the convenience of comparing prices online because most of the time a sales representative has to come out to assess, measure, and provide you with an estimate which doesn’t even take into consideration unforeseen damages. Keep in mind that materials are only a portion of the cost, since the skilled labor that goes into completing the project is quite significant as well. The price associated with your project also factors in project management and all associated things that go along with it.
Myth #4: The low bid is the best value
In a perfect world, every job you put money towards would turn out precisely as you planned. Unfortunately, not every contractor has your best interest in mind. That is why it is ALWAYS important to check their credibility beforehand. You can do this through word of mouth, reviews, verifying licensing, and selecting companies that are backed by the BBB. Our advice is to get estimates from three contractors of your choosing then go with the one that is middle of the road in price. They are the ones that are going to give you quality products and services that might cost a bit more than the lowest bidder, but will ultimately give you better ROI on your investment.
Myth #5: Interior home improvements are better than exterior ones
Although it is important to give priority to both the outside and inside of you home, the outside is a buyer’s first impression. This is of paramount importance when selling your home. If prospective buyers do not like the appearance of the exterior, or if for any reason it seems neglected, they will less likely be open to even view the inside of the house. The outside of a home is also susceptible to the most damage If something looks worn down or outdated this could put whoever is viewing your home under the impression that they will have to spend more time addressing those things once settled. Exterior improvements are considered standard upgrades, so it’s hard to go wrong when upgrading to new windows, siding, or roofing.
Is it time to remodel your home?