If you are considering a large remodeling project, you may be waiting for the perfect time to take the plunge. After all, this is a major investment of money, time, and energy, so you want to choose a good time to undertake it.
But what makes a good time to remodel? Could it be right now? If you are unsure, consider these reasons why now might be the perfect time to get started.
1. Low Demand Times
If you want to save money on a vacation, you travel in the off-season. Why? Costs are lower and locations are less crowded because of less demand.
The same can be true of renovations. Air Conditioning companies are not as busy during winter months. Painters usually can’t work on exterior projects in the winter up north. And contractors have more time to create your designs when they are less busy.
Low demand in the home remodeling industry can mean reduced overall pricing, more room to negotiate, special deals to attract customers, and a shorter wait (or no wait) to get on contractors' schedules or to receive shipments. The winter months in Florida are usually the low demand work times in construction since this is the peak time for visitors.
2. Make Timely Improvements
Some remodeling projects provide direct relief that could help you enjoy the season you are currently in. Even if the timing may not seem ideal, why wait to experience the benefits of your renovation next year? If your comfort and the functionality of your home could be improved today, you may want to pursue it now. Why wait and make improvements prior to listing and selling your home? Why not renovate and start enjoying the benefits while you are living there?
3. Get Ahead of Schedule
If you need a new air conditioner or energy-efficient windows, should you want until summer to get them done? Often, the answer is to do this work now so that you are ready for the coming season.
Not only will you be prepared as soon as the weather changes — for better or worse — but you can complete renovations while spaces are not being used such as your outdoor living areas
4. Time the Discounts
New models for home appliances often are released on a regular annual schedule. New Kitchen and laundry appliances, for example, are often released in the spring. If you plan to update the laundry room or kitchen, then, you might be able to score significant discounts on last year's models as they prepare for the new ones at the beginning of the New Year.
Similarly, periods of overstocked inventory with lower demand could make many building materials less expensive.
5. Use Available Funds
One of the biggest factors in the timing of any renovations should be when you can pay for them. The first of the year can be a great time to plan a big expenditure if you received an end-of-year bonus at work, received significant cash as a gift, or plan on a sizable tax refund.
For many busy families, non-allocated funds will disappear if they let the money sit around for too long. So, if you have the cash, you might want to jump now and start your remodel while you have the money available.
Could this be a great — if unexpected — time to complete some aspect of your home renovation dreams? Find out more by consulting with an experienced residential renovation contractor in your area.
Genuine Home Builders, Inc., can help you decide. Call today to learn more about our services.