Costly Home Renovation Mistakes to Avoid

Avoid these remodeling mishaps so your project doesn’t turn into a money pit or one that sees zero return.

Transcript

00:00Remodeling your home isn't as easy as your favorite HGTV show makes it look.

00:06A study by interior design company Howes showed 46% of homeowners went over budget on their

00:12renovation projects.

00:13Avoid these remodeling mishaps so your project doesn't turn into a money pit.

00:18While you may love all those built-ins, remember buyers have different tastes.

00:22Too many custom features may not appeal to the wider market when it's time to sell, so

00:26save the money.

00:27According to HomeAdvisor, the average kitchen remodel will cost you $20,000, so you don't

00:31want that kitchen going out of style in a year.

00:34Save by skipping costly trends like granite as well by going for quartz, butcher block,

00:38or laminate that looks like real granite instead.

00:41Another big budget mishap is measuring incorrectly for cabinets.

00:44It's an expensive mistake, so remeasure many times, including your appliances, so you only

00:49have to get them cut once.

00:50Hardwood flooring can be a good option, but be sure to order extra.

00:54It's prone to cuts and breakage, and if you need more down the line, it may not be in

00:58stock.

00:59And you may think handling the remodel yourself or hiring the cheapest contractor will save

01:03you, but shoddy work may cost you more in the end, and certain projects need to be done

01:07up to code, so certain upgrades call for an experienced professional.