Haven's July 2020 Issue

Page 38

RENOVATION & REMODELING

ACo:

The Cost of

LOVING WHERE YOU LIVE by Courtney Walker Pope and ACo Blog / photos by Dave Pluimer

As we have spent more time in our homes the past four months, it’s likely we have daydreamed about remodeling an outdated kitchen or bathroom. Whether it be functionality or simply aesthetics, ACo wants to help you “love where you live”. The general idea of a remodel can be scary during these times – from cost to health and safety throughout the process, ACo is here to help guide you with a budget and design plan – virtually or in-person. BUDGET One of the most common questions ACo receives during a new client consult is “how much will my kitchen or bath remodel cost?” People want to know what they can expect to spend on a remodel and where that money is going. Understanding how much a project will cost will help determine the scope of the project and if financing is needed. To make your project more transparent and relatable to your home, ACo has created several online tools based on over 15 years of data to help ease any uncertainty about cost. From home value input to percentages for each renovation category, you can adjust the sliding scale to calculate what and how you should consider spending. This information can serve as guidelines to help you determine an appropriate remodeling budget and understand where the costs lie. Having this information can help you decide if it is the right time to remodel. “For a complete kitchen remodel, we encourage budgeting between 8-18% of your home’s value and 6-15% for a master bathroom remodel,” writes CEO and founder of ACo, David Decker. Head to liveaco.com/calculate-yourkitchen-remodel-budget for more details on how to budget your next project. When planning your remodel, it is important to consider how long you intend to stay in your home. If you think you will be selling within the next five years, you will want to look at any improvements as an investment. However, if you are planning on staying in your current home for longer, choose updates that will make you happy for many years to come. 3 8 H AV E N

WHAT’S YOUR BUDGE T? Go to liveaco.com/calculate-your-kitchen-remodel-budget for more details on how to budget your next project.


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