but also because being meticulous about how your approach your home renovation can prevent you from needing to file a claim for renovation-related losses—like that new fixture in your kitchen that you assumed was water-tight, only to experience a leak a few weeks later. ...
DON’Tforget to take the condition of your home into consideration. This is a huge factor in determining the cost of a renovation. An older home that hasn’t been updated in a long time runs a greater risk of discovering problems that will need fixing – ie knob and tube wiring. DOmeas...
However, by using this formula, you can get only an estimate of the work in process inventory. For the exact number of work in process inventory, you need to calculate it manually. One of the advantages of calculating it manually will be you can add expenses like the cost of scrap, spoi...
If you decide you want — or need — to keep up with the Joneses, then do a little research to see how likely it is that you'll be able to recoup the cost of your proposed renovation when you sell your home. (The slideshow below can help.) How much would it matter to you if y...
It doesn’t matter if you’re a gourmet chef or a microwave connoisseur – you want a welcoming kitchen that makes the space worthy of spending time, not just prepping food. A kitchen renovation is the most common planned project for homeowners, according to the Houzz study, with 30...
Get free home value estimate of your home using our home value estimator. Also learn what remodeling projects in your neighborhood can increase your home value.
A home renovation loan can help make your dream space a reality. But before you start drafting up the plans, it's important to figure out your financing. With this calculator you'll know: How much your monthly loan payment will be How many months you'll be paying off your loan How ...
As house renovation costs play a big part in determining how much work can be done, we've put together a guide to help you stay within your means
the capital borrowed cannot be diverted towards any other area of spend. One key requirement that must be complied with is that the renovation loan applicant must either furnish proof of owning the home or being a family member of the homeowner of the home that he or she wishes to renovate...
The recent rapid rise in home prices may have affected the equity you have in your home. Here’s how to figure out how much you have — and how to make the most of it. THE AVERAGE HOME PRICE IS UP SHARPLY over the past five years, and you may be sitting in an asset with a ver...