• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

  • BUY

    • Search for Homes
    • Mortgage Calculators
    • NJ School Report Card
    • Short Sales
    • Should I Buy an Investment or Rental Property?
  • SELL

    • 1031 Exchange
    • NJ Real Estate Transfer Tax
    • What is Your Home Worth
  • Vacation
    Rentals
    • Guest Services
    • Payments and Policy
  • Market
    Reports
    • Atlantic County Market Report
      • Longport, Margate and Ventnor Market Report
      • Ocean City Market Report
    • Camden County Market Report
    • Cape May County Market Report
      • Avalon/Stone Harbor Market Report
      • Cape May Market Report
      • Sea Isle City Market Report
      • Wildwood Market Report
    • Cumberland County Market Report
    • Gloucester County Market Report
  • Core
    Services
    • Mortgage
    • Title
    • Insurance
  • Meet
    Mav & Co.
  • Contact
    Us

Bigger, Better Remodels: Who to Hire and How to Do It

June 3, 2016 By The Mav Team

By Suzanne De Vita
contractorThe bigger, the better. That’s the sentiment many of us agree on when it comes to remodeling, according to a recently released National Association of Home Builders (NAHB) survey indicating a rise in additions and whole-house remodels. Remodeling spending is following suit, reports the Joint Center for Housing Studies at Harvard University, up to $325 billion by the beginning of 2017.

Bigger projects, bigger budgets…and bigger teams. Most large-scale renovations call for a group of professionals, many of whom will consume a sizeable portion of the project’s budget.

Which professionals should be on the roster?

A general contractor, for one. As overseer, a contractor is responsible for coordinating all aspects of the project, including pulling permits. General contractors charge approximately 25 percent of the project’s cost, Consumer Reports estimates.

Renos that involve structural work—like additions and whole-house projects—need an architect to map out the design. Architect fees can range anywhere from 10 to 20 percent of the project’s cost, according to Consumer Reports.

An interior decorator can also be a valuable addition to the team, but, in many cases, is not necessary—and may cost up to 20 percent of the renovation’s overall cost, Consumer Reports calculates. Subcontractors like painters and plumbers are another consideration, if not managed by the general contractor.

Whichever professionals the project requires, hire smart. Practice due diligence when researching the individual or company. Suss out professionals online through social media and ratings sites, noting those with favorable testimonials. Consider professionals who specialize in the work to be completed, and preferably, have samples to support that claim. Confirm licensing and insurance, as well as any credentials such as association affiliations or certifications, with the appropriate authorities.

A bigger home by a vetted team? That’s better.

This post was originally published on RISMedia’s blog, Housecall. Visit the blog daily for top real estate tips and trends.

Reprinted with permission from RISMedia. ©2016. All rights reserved.

Primary Sidebar

Current Interest Rates

Powered by NJ Mortgage Rates

What is Your Home Worth in Today's Market? Find Out!

We are Short Sale Professionals! Whether you are looking to buy or sell a home short sale, contact us!

Michael Mavromates - Certified Short Sale Agent

Have a Question? Contact Us Now!


Sorry we are experiencing system issues. Please try again.

From the Blog

  • Three Ways to Make Painting Easier
  • Out of Town? Don’t Risk a Water Leak
  • Prepping Your Water Supply Ahead of Emergencies

Footer

Connect with Us

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube

Contact Us

  • Name
  • Email
  • How May We Help You?
  • Buy
  • Sell
  • Vacation Rentals

Copyright © 2023 Michael Mavromates · Long & Foster Real Estate, Inc · Avalon, NJ · Homes and Real Estate

Michael Mavromates - Mav & Co.| Licensed NJ Realtor® | mmavromates@comcast.net | Cell: 609-408-7804
Long & Foster Real Estate, Inc | 2997 Dune Dr - Avalon, NJ 08202 | Office: 609-967-3001
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Equal Housing Opportunity Disclosures Privacy Policy

website by marketme