How come no one ever talks about the remodeling of a condo here on the islands? All you hear about in Honolulu’s home improvement industry is the remodeling of a home, or the construction of a new one. What about the fixer upper condo’s that are hiding in plain sight. There are far more condos for sale in Hawaii then there are homes.
There is a lot of thought that goes into the remodeling of a condo. It’s best to keep in mind if it’s for your own benefit or if you decide to sell the property in a few years. Planning to stay for over 5 years then design for yourself. Having a goal of designing for yourself, helps you in deciding how much money you are willing to put into your project. If you decide to sell the property sooner than treat the project as if you’re flipping a home. Flipping could help you save in the long run because it usually requires less money since the goal is to sell the property.
Prioritization is key when deciding to renovate your space. It is best to have a budget and keep track of all expenses during the process. Most times it will cost more than you think, so be sure you are financially responsible. Before you start any renovations make sure you get a scope of your project. Having a plan will help you before any work starts to begin. Now comes the time to hiring the professionals. Often times people find their design and construction professionals through word of mouth. It’s always a good idea to compare three quotes, so you can get quality work for a reasonable price. Make sure they each have a detailed list of what needs to be done and the types of materials you plan to use. Once you have decided on a contractor, it is now time to get all the appropriate building and city permits needed for your project. Once all these necessary steps have been taken, it is now time for construction to begin.
During the time of the remodeling there are pros and cons of staying in your home depending on the scope of work. If there is only minor changes being done, it would be a good idea to stay in your home. One of the biggest advantages of staying while work is being done is that you can monitor the contractor’s progress every day. While being on site you can also address any issues as they occur and save time and money. The downside of being in your home is all the mess that comes with the work being done. If you are having a full gut remodeling there wouldn’t be a way for you stay during the renovation. You wouldn’t have any working appliances and it would take longer for the contractors to get the job done. Make sure to consider these things when deciding to stay or leave during the renovation .
After the work is done there is a final walk through process, so you and your contractor can walk through the project together and discuss any issues you may have before moving in. Create a punch list of items that are the very last list of unfinished work. After the work on this list is completed, your contractor will expect to be paid. At the end of the job, the contractor owes you certain paper work which could include the following; Written warranty statements, operating and maintenance manuals, inspections data card, and an original certificate of occupancy. Once you have received these documents, it’s now time to give the final payment.
During this time of renovations the national average cost is $36,845. Most homeowners spent between $17,170 – $60,507 on their projects. You can expect the costs in Hawaii to be higher on average.
Here is an example of a kitchen renovation that Barker Kappelle completed in 2014