3 Common Hidden Costs to Watch Out for When Renovating a House
by Boris Dzhingarov on Sep 27, 2020
It's a well-known fact that costs can often spin out of control on most home remodeling projects. Even if you do all the planning necessary, you never know what might creep up that increases your costs. Knowing what these surprise costs are could help you plan better, however, and avoid some of these costs altogether. In this article, we're going to give you some of the most common hidden costs of home renovation projects.
There are many cases when people will simply overlook garbage disposal when doing work, but it's essential and you'll need to consider it before you start work or agree to a quote. For instance, not all roofers will include garbage disposal as part of the quote. Also, you could end up saving a lot on your costs if you take care of it yourself.
However, before you start, you also have to know exactly what the companies will handle. Companies will not allow you to rent a dumpster for just anything; there’s a nice piece from WasteAway on what can and can’t typically go into a roll-off dumpster. You can see the full article here for more details. This will allow you to be better prepared and also help you know what to look for in a container dumpster.
Hiring Outside Experts
You may even have to bring someone in for inspection, and this may or may not be mandatory. For instance, if you were thinking of getting work done on a house that was constructed before 1978, it will have to be tested for lead. If you want to add something to your landscape or make an underground addition, you might need to call a surveyor to see the state of the underground or see the true limits of your property. This will allow you to plant your tree in a way that growth will not end up encroaching on someone else's lot. This is also essential if you are thinking of erecting a fence around your property.
Fixing Bad Previous Work
Another thing you might have to deal with is previous shoddy work. This is especially important for people who just bought a new house.
The previous owner might’ve taken some shortcuts to deal with issues and these might not be up to code, so you’ll have to fix them if you don’t want to have problems later on. Or, you might find the remains of some poorly performed DIY plumbing work.
In this case, you might have to pay extra if you want to make a renovation that involves your water lines in some way. You also have cases when a major repair or replacement was made poorly or to cut costs, such as when people choose to install new roofing on top of a decaying one. This is something you’ll most likely have to pay extra for if you have to rectify it later down the line.
These are just some of the most common hidden costs people have to deal with on renovations. While you can’t predict the future, knowing these will allow you to prepare and try to find ways to prevent them when possible.
- Garden / Landscaping / Patio — 260
- Kitchen / Bathrooms — 238
- Real Estate / Finance — 191
- Appliance / Repair — 185
- Interior Design / Decor — 183
- HVAC / Air Conditioning — 147
- Cleaning / Maintenance — 142
- Improvements / Remodeling — 131
- Plumbing / Basements — 116
- Floors / Tile / Hardwood — 114
- Doors / Garages — 112
- Safety / Security — 112