Start with Assessment
List everything you want to accomplish. Separate needs from wants clearly. Research realistic costs for your area. Add contingency for surprises.
Contingency Planning
Add 15-20% for unexpected issues. Hidden problems common in older homes. Scope creep happens regularly. Better to plan for overages.
Prioritization
Address structural and safety first. Systems before aesthetics. Kitchen and bath return best. Phase work if budget limited.
Financing Options
Home equity loans common. Renovation mortgages available. Cash reserves recommended. Compare rates carefully.
