- What are your needs; Are you happy with your kitchen or bath the way it is and just want new countertops?
- Establish a budget; A major kitchen remodel is at least three times more expensive as simply upgrading the appliances and surfaces. In general some experts advise to keep a building budget of at least 10 percent the appraised value of your house for a full kitchen and bath remodel
- Make a schedule; If your upgrading selected items, It may be practical to replace them one by one. In some cases it's feasible to complete major projects in phases over months, even years, allowing you to spread out large expenditures.
- Consider the payoff; Generally, remodelings are most cost-effective if you sell your house within a year of completing the project. If you're doing this primarily for your own satisfaction and comfort, however, the quality-of-life benefits cannot be measured in dollars and cents.
- Cash reserves; Many kitchens and bathroom remodels are paid for with cash. But expensive projects can easily top $50,000, so financing could be necessary.
- Work with a specialist; Unless you have solid experience, you'll need the services of a kitchen and bathroom designer, an architect, or a contractor to plan and execute a major project.
- Who's the point person; Especially for two career couples, it's crucial to delegate responsibilities—who'll act as a troubleshooter, who'll draw up the punch list—before work starts.
- Prepare yourself; A major remodel can take months and cause considerable stress. Where will you cook? Keep up your enthusiasm by anticipating disruptions and making alternative arrangements.
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