FIVE HIDDEN RENOVATION COSTS

Renovations never seem to go as planned. There’s always a cost you didn’t anticipate or a problem that didn’t reveal itself until the project was underway.

Five expected costs to look out for:

1. Higher utility bills: If contractors and builders are working in your home all day, there’s a good chance they’re constantly walking in and out the exterior doors. That wreaks havoc on your heating/cooling efficiency, so watch out for higher utility bills.
2. Movers: It’s pretty hard to renovate a fully furnished home. You may be able to move and store most of your furniture yourself, but homeowners often have more significant pieces that require some hired help.
3. Food: If your kitchen is being torn apart, preparing meals becomes more complicated. You may be able to keep your food budget steady by switching to meals that don’t require counter space, the stove, or the oven, but don’t be surprised if you end up dining out more often.
4. A few nights in a hotel: Depending on your renovation, there may be nights where sleeping in your home isn’t practical, or you need a mental break from the mess. Budget for a few nights at a hotel, or schedule your family vacation for the worst part of the renovation.
5. Deep cleaning: It’s one thing to clean and maintain your home after a typical week or two of living. It’s entirely different to clean up after a construction project, as sawdust and other debris can get in every nook and cranny. It may be worth your sanity to hire cleaners.