If you’re house hunting for a fixer-upper, look out for moisture issues, foundation concerns, and bug infestation. These are the top three nightmares where renovation budgets are concerned! Have your home inspector check walls with a moisture meter, particularly around entryways were wood rot can be a concern. If you can do the inspection after a recent rain, that’s even more informative. Cracks in the foundation may be due to settling, but they may also indicate problems with the foundation which are extremely expensive to correct. When getting a home inspection, you’ll have to decide if you want to pay an additional fee for a bug inspection, but who wants to find out halfway through a renovation that you have carpenter ants or termites? Nobody! It’s worth the extra expense upfront.
Before you even call a remodeling company for your bathroom remodel, you should first talk with everyone who will be using the space. Try to have a discussion about the fixtures and finishes you are supposed to use and how much of a budget you’re willing to shell out. As you plan for your budget, it’s important to have a little extra, because you never know if there will be some unexpected problems that will increase the cost later on.