Category: Budgeting
Renovation Construction Loan Process: A Step By Step Guide
Whether it’s a custom kitchen, luxurious bathroom, or the basement that makes your whole neighborhood jealous, affording the remodel of your dreams can be much easier when you have more borrowing power to your name. Fortunately, a renovation construction loan allows you to borrow against the projected value of your home post-remodel. However, the process…
How to Prioritize Home Improvements for an Investment Home
Renovating an investment property can be a great way to increase the home value and make more money. The trick is to make sure you improve the areas of the home that will yield the highest return on your investment. While every property is different, there are a few common home improvements you can prioritize…
How to Prioritize Home Improvements Before Selling Your Home
When the time comes to put your home on the market, chances are, you want it to sell quickly and for as much as you can get. That’s why it’s important to present your home as a space that potential buyers can envision as their own. But like most homes, yours probably needs a little…
What is the Best Way to Finance Home Improvements?
Your home is probably one of your most valuable assets, so investing in it by remodeling is a great way to add value. But what is the best way to finance these home improvements? Fortunately, there are many options when it comes to finding ways to afford a remodel. However, it can be difficult to…
What is a Remodel Design Consultant?
Remodeling isn’t something that most people do frequently. Without frequent practice, learning how to navigate the challenges of remodeling can be difficult. As a professional whose job is to help homeowners navigate the process of remodeling, a design consultant plays an important role in turning your current home into your dream home. At Lamont Bros.,…
Why did remodel costs increase so much in 2021?
We get it – it’s been a strange couple of years. Now, on top of everything else you’ve had to deal with, you just found out that the home remodel you’ve been hoping to do is going to cost you $60,000 more than it would have two years ago. In fact, 2021 has seen remodel…
Portland Home Additions: Average Costs to Help You Budget
Portland home additions come in a wide range of shapes and sizes — from master suite additions, to bonus rooms, to major projects like adding significant square footage. So how do you know what to budget if you’re considering a home addition? Here are some common home addition examples and average costs to help with…
How to Figure Out Your Average Cost of Kitchen Cabinets
Cabinets are one of the most visible — and often most costly — aspects of a kitchen remodel. But there can be a wide range of pricing depending on a few critical factors. Here are specific ways to figure out the average cost of kitchen cabinets for your space. Kitchen cabinets often account for about…
How To Determine Your Remodel Cost Per Square Foot
Determining the price — and value — of a remodel comes down to many factors: scope of the project, quality of the fixtures and finishes, possible layout changes, and more. In this post, we’re going to take a look at how to calculate remodel cost per square foot and what that can mean for the…
Will My Remodel Pay Off?
It’s a common question for many homeowners considering a home improvement project: “Will my remodel pay off?” Often, the initial cost of a remodel can seem overwhelming, but a closer look at the numbers can give you a much better idea of your true expenses — and the potential return on your investment. Let’s face…
Budgeting For a Bathroom Remodel: 6 Things to Keep in Mind
Whether you’re looking for a spa-like sanctuary or need a simple refresh, a bathroom update can be a wise investment in your home. So how can you remodel yours without breaking the bank? Here are 6 key things to keep in mind when budgeting for a bathroom remodel. A bathroom remodel can be one of…
How Much Does a Quartz Countertop Cost?
When it comes to countertops, quartz is by far the most popular choice with our clients. It’s durable, aesthetic, and can be less expensive than materials like marble or granite. But when figuring out cost, square footage isn’t the only factor. Here’s how to accurately budget for your quartz countertop cost. Quartz is an engineered…
Budgeting For a Home Addition: 4 Things to Keep in Mind
An addition is a great way to enhance your home’s living space and increase its value. Whether you’re looking to expand a master suite, create a space for extra family, or something in between, here are 4 key things to keep in mind when budgeting for a home addition. Home additions can come in all…
Budgeting For a Kitchen Remodel: 5 Things to Keep in Mind
When it comes to updating a kitchen, the sky is pretty much the limit. With so many choices on everything from cabinets to appliances to countertops, it can be challenging to know how to get the most bang for your buck. Here are 5 key things you should consider when budgeting for a kitchen remodel.…
5 Most Common Types of ADUs and What They Cost
Adding an accessory dwelling unit, or ADU, to your home is a smart way to not only provide more living space, but also add significant value. Here are the 5 most common types of ADUs, what they cost on average, and how they can enhance your space in the long run. ADUs are often designed…
How Much Does a Tile Shower Cost?
With all of the fixtures and finishes available these days, your bathroom can be functional while truly reflecting your lifestyle. And the centerpiece of many bathrooms is a large tile shower. But how much does a tile shower cost? Increasingly, we’re seeing clients shift away from large alcove and sunken jetted tubs for new larger…
How Do I Accurately Estimate My Home Remodeling Costs?
Whether you want to update your kitchen, redo your bathroom, finish a basement or do some other home renovations, budgeting for a remodel can be tricky. Here are 3 ways to help you determine your home remodeling costs. Step 1. Create a basic level-set budget In order to get an idea of what your home…
Remodeling Costs in 2020
The 2020 Cost Versus Value Report Remodeling Magazine has released the 2020 Cost Vs. Value report for the US and each major metro area–including the Portland Metro. This report has routinely provided helpful costing information for homeowners considering a remodel. Remodeling Magazine creates this report each year by bidding out about 20 different common remodeling…