When it comes to home renovation, budget tends to be a cardinal area for concern. With that said, today’s episode of The Marc and Mandy Show: Ask An Expert, features Contractor and HGTV Host, Mike Holmes Jr. Today on the show, Mike talks about the importance of having a realistic budget for a renovation. Keep reading for our expert-approved Q&A:
Q: How important is it for me to set a realistic budget for my home renovation?
A: Setting a realistic budget for your home renovation is extremely important. There’s lots of stuff that you can end up encountering during a home renovation that can end up costing you more money, such as electrical, permits, and insulation. It’s important to allocate money in your budget to seen as well as unforeseen expenses, because the amount of money you spend could directly affect the quality of your renovation. Always keep in mind that renovations aren’t cheap, and you are essentially spending money on one of the biggest investments of your life, so setting a realistic budget is important. To better ensure you are doing just that, spend some time with a reputable general contractor. Using industry professionals will not only help you set a realistic budget, but will ensure your renovation gets done in a professional manner.
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