Tuesday, November 19, 2024
HomeBusinessReal EstatePros and Cons of Remodeling During COVID-19 Pandemic

Pros and Cons of Remodeling During COVID-19 Pandemic

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“I want my life back!”

This is what my friend had to say when I called her to ask how she was doing. Actually, we all want to go back to the times before COVID-19 decided to shake up our lives.

What surprises me though is that the home improvement industry has managed to pull through the existing turmoil so well. It’s actually still thriving even in the midst of the currently broken economy and the worldwide fear.

So does that mean you should consider giving a push to your home remodeling decision or resuming it if you were in the middle of your project?

Well, honestly speaking, there are both pros and cons of starting a home remodeling project at this time. All you have to do is learn more about these and tally them against the stage of your home remodel to get the right answer.

Browse through the broad dictates below. They may give you an idea of what you should be doing as per your home remodel stage:

Question the Remodeling Company

Go ahead and ask the remodeling companies the precautions they plan to take at the job site. It includes the construction of barriers, Port-A-John, and equipping the working crew with all needed sanitization tools. Take a trip down to their showroom to get a sense of what they are doing to protect their clients.

Pros of Starting Remodeling Now

  • You Get Time to Plan

You think you failed even before you started. In my opinion, you are the lucky one here because you are still at the planning stage. You can compare the costs, look into the latest designs, and even take a virtual tour around remodeling showrooms.

  • Take Advantage of Visiting Showrooms

For starters, you can be sure that remodeling showrooms are taking every possible precaution they can think of. From maintaining social distancing to sanitizing surfaces, to body temperature evaluation, everything is covered here.

Alternatively, you can fix a meeting with the designers via ZOOM and/or FaceTime or a phone call, if you aren’t comfortable with going out.

  • Attractive Discounts

Most of the remodeling companies are willing to offer a horde of discounts on a number of items at the moment. Many of these top your list of “to buy products.”

Given the discounts available on different deals, it’s a good time to put your stamp on the paper and sign that deal!

  • Your Project Will Speed Up

If you belong to the clan who were already into the project, you have reasons to cheer up! Your contractor at this stage would double up their energy and efforts to complete the task. You are likely to end up getting your as-good-as-new home sooner than you expected.

Cons of Starting Remodeling Now

  • Shortage of Products

Despite all the pre-preparation, you may just find yourself short of a particular fitting. In the existing situation, the product may take time to arrive, delaying your project.

  • Expect to Pay More for Scarce Items

There is a possibility that the fittings and the fixtures can become more expensive because of shortages.

  • Risk of Spending in the Present Scenario

You also run the risk of overspending in the existing scenario on your remodel. Now, you can’t be sure when the economy will recover. If you plan to take a loan but are unable to pay back, you’ll be in deep trouble.

On the other hand, if you have the cash to finance yourself without landing in a soup, by all means, go ahead.

 

*This article is posted by and in partnership with GBC Kitchen and Bath, a kitchen and bathroom remodeling store in Alexandria, VA and Rockville, MD.

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