To launch a successful and cost-effective home improvement project, you need a realistic budget. But if you’ve never taken on this kind of venture before, you may not be sure how to arrive at a number. Below, the respected general contractors at Santoro Home Improvements in Hamden, CT,  share their best practices for carving out the necessary projections. 

3 Factors to Consider When Setting a Home Improvement Budget

1. The Goal

Before making any decisions, reflect on why you’re embarking on the home improvement project. Do you want to raise the value of your home for a potential sale? Or are you just a few steps away from completing your dream interior? In either case, having that framework will help determine the parts of the house you want to work on. For instance, if your aim is to boost the home value, a wooden deck or kitchen renovation are great options. 

2. The Focal Points

As you create the budget, review every aspect of the potential project, so you can hone in on the deliverables that matter most. For example, are you more concerned with the kitchen counters or the cabinets? By prioritizing key areas of each room, you’ll build a solid starting point for your budget.

3. The Materials

Instead of leaving it up to the contractor to make suggestions about the materials that will be used, do some research on your own. That way, you can become familiar with typical prices and pinpoint the options you like the most. Since different woods and stones have vastly different prices, the scouting report will give your budget extra accuracy. 

When you’re ready to get started, turn to the team at Santoro Home Improvements. With experience working on everything from bathrooms to kitchens, the home improvement professionals will help you make your dream house a reality. Give them a call today at (203) 287-9787 to schedule an appointment, and visit their website to learn more about their services.