Whether homeowners are in the planning stages of their kitchen renovations Houston, have already broken ground, or at the final stages of construction, many wonder if they should continue with the projecting during COVID-19. The answer depends on several factors, the two biggest of which include cost and at which phase of the remodel the homeowner is in.
Consider How You Will Pay for Kitchen Renovations Houston
COVID-19 has put an alarming number of people out of work since March. If you’re part of the 20+ million newly unemployed individuals, you should carefully evaluate your finances along with the size and scope of your anticipated project.
Some home renovations Houston are more costly than others. If the renovation you’re planning is low-cost, and if you can pay for it in cash and without dipping too much into your savings, there is no reason for you to put it off. Proceeding with the project now may be financially beneficial, as many companies are offering deals to boost business during these trying times.
On the other hand, if your planned project is a big one, such as overhauling your kitchen or opening up the entire first floor of your home, you may want to consider holding off. Even if you do have sizeable savings, there is no telling how badly COVID-19 will hurt the economy. Six months from now, you don’t want to find yourself wishing away your brand-new countertops and cabinets in exchange for the money they cost you.
Many people pay for home renovations with lines of credit. If you were planning to do so, again, reconsider. During such uncertain times, you want to keep your debt as minimal as possible. Even if you are currently still working, that can change in an instant, and you don’t want to find yourself scrambling to repay the debt when you can barely afford to stay afloat.
Consider the Stage You’re In
Cost aside, the stage is another important factor to consider. Are you still planning, already renovating, or halfway through construction? Use your answer to guide future decisions.
The Planning Stage
If you’re still in the planning phase, use this extra time to plan out the project in more detail, and to shop for the best deals and discounts. You can also use it to save up more money so that you don’t have to go into debt to pay for work or materials.
The Final Design Stage
You have the plan, the resources, the design specs, and all your desired materials picked out. You’re ready to break ground! The biggest obstacle you may have to overcome is back-ordered materials and long wait times for supplies. You can overcome this issue by asking your contractor to order all supplies right away.
You may also find that, due to high demand, the cost of labor will go up with different construction companies. Again, these are uncertain times, and it may be best to talk to your contractor about pricing first.
However, if you already have the cash on hand, your contractor picked out and your materials on order, there is not much reason to hold off. Fortunately, here at Hestia Construction & Design, we are prepared for you!
The Construction Stage
This is the easiest stage to be in, as there is no turning back. If your walls are already open, your floors ripped up and your fixtures in the dump, keep chugging forward. You should have everything you need to complete your remodel on-site, including a reliable kitchen renovations Houston contractor.
COVID-19 has certainly disrupted the world and turned what should-be-simple decisions into vexing conundrums. Should you go out to eat? Should you go to the grocery store? Should you invest in home renovations Houston at this time? While we can’t make the hard decision for you, we can tell you that here at Hestia Construction & Design, we are conducting business as usual. Whether you want to schedule a Zoom meeting with our team to discuss design, break ground or wrap up construction, we are here for you. Get in touch with us today to discuss your needs.
Kitchen Renovations Houston: Is Now a Good Time To Go Through With One? | Hestia Construction & Design — Houston, Texas