Friday, July 20, 2012

Remodeling Cost Surprises

Remodeling Your Omaha Home

While we have talked before about remodeling your home and the costs involved, keep an eye out for some surprises that can jump out and bite you.
  • Higher Property Taxes.   Nebraska is well known -- or, should we say, infamous -- for its property taxes.  The contractors will pull permits and this lets the assessor know your house is now more valuable.
  • Unwanted Critters.  You could uncover termites, ants and more.  You could also uncover improper wiring, mold or asbestos.  While it's good to know these problems exist, it will cost you to fix them.
  • Storage.  You'll need somewhere to store all your stuff.  You might be able to find someone with extra room but if you can't, renting a storage unit will cost you over and above the renovation cost.
  • Building Codes.  Make sure the city won't want you to change something because you're changing the house.  Those pesky permits will alert them to changes to your house and they could request changes in smoke detectors or something else.
  • Utility Bills.  Who's paying for all the electricity and water your contractors are using?
  • Eating Out.  Even McDonald's is expensive these days.  Multiply that by several weeks of eating out and you have a chunk of change the size of your cholesterol numbers.
  • Pet Boarding.  Fido might need a place to stay.
  • Dumpsters and Portable Toilets.  These kind of explain themselves, don't they?
The original article can be found here.

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