Photo by Roselyn Tirado on Unsplash 

With people spending more time at home and the rising competitiveness of the real estate market, home renovations have been rising. Whether you’re a homeowner looking to sell or just tired of the same design of your home, remodeling is the way to increase value and get the look you want. However, many people make the same mistakes when they start a remodeling project. Here are three of the biggest. 

1. Overdoing It

Remodeling can increase the value of your home, but only if it’s done right. While you may want your home to stand out as the best one on the block, it shouldn’t be so different that it doesn’t fit in. 

Remember that buyers choose the location because of the price range and specific amenities, and your home must fit that demographic. A $70,000 kitchen remodel won’t get you a good return on your investment if the rest of the homes have a $30,000 kitchen. 

2. Changing Your Mind

Take the time to research your remodeling project thoroughly. Compare products and prices to determine how you want the final result to look. An even better idea is to work with a professional designer who can show you the completed look after a remodel. 

Once you decide on a design, stick with it. Homeowners who ask for changes end up spending well over their budget or cutting costs in other areas. It’s far better to take your time deciding than to try to alter it after the work begins. 

3. Not Padding the Budget

Unless you’re doing a minor DIY remodel, you will likely end up with at least a few unexpected expenses. These unexpected issues can add up, so you should include extra in your budget for the unforeseen. 

Most experts will tell you to add anywhere from 10 percent to 30 percent extra to prepare for any problems. So, for a $20,000 remodel, you would need $2,000-6,000 extra in your budget. You might want to increase that amount if you live in an older home with outdated wiring and plumbing. 

If you plan a major home improvement project this year, make sure you avoid these three common mistakes. It will save you a lot of time, money, and frustration if you are prepared.