Construction Tip: Allocate funds for unforeseen expenses by adding a buffer of at least 10-20% to your budget.

 

It’s easy to get lost in the allure of all the shiny upgrades and improvements of home renovations. However, home renovations and upgrades are expensive and it’s common to go over budget quickly, sometimes without even realizing it.

A setback in one room alone can cause a huge hit on the budget, not to mention time constraints, and unfortunately, even the best home inspections can’t reveal all the potential problems of a house before

purchase.

Hidden mold, leaky roofs, foundation issues, pests, water damage, worn out wiring; these are just a few of the potential hidden problems that could be revealed upon renovation or DIY projects.