If you live in the Palm Beach County or Martin Couty Florida area there are several things you should know before renovating your condominium. The average cost of a full-scale condominium remodel in Florida is between eighty to one hundred thousand dollars of which about twenty-five thousand is fees and labor.

With that being said the market today for condominiums are sky rocking with the average condo costing three hundred and fifty thousand dollars. The market is the highest it has ever been in Florida and real estate pricing is soring. The average return on a full-scale renovation will bring an ROI ( Return of Investment ) of 60% and with the higher scale renovations upward to 78%.

There are a few very important factors to consider before starting your condominium remodel.

The average condo remodel can take up to 3-7 months. So be prepared to have another location to live in.

Building’s Alteration Agreement

Looking at your building alterations agreement should be the first thing you should do when you are planning a remodel. Different from a single structure the HOA ( homeowners association ) might have several rules and regulations on exactly what you can do with your condominium remodel.

Budget

Set forth a clear and concise budget that you are going to stick to. Looking through a glossy magazine and you can become like a child who has been unleashed into a candy store. There are so many wonderful new must-have innovations on the market today. Knowing what is in your budget and what is not. Too many renovations, nightmare stories begin this way. Sticking to a budget and making sure that you have a bit of wiggle room is crucial to having a happy successful condo model experience

Working With The Right Contractor

Another critical step in any type of remodel. Finding the right contractor to do the job is a must. Did you know it is Florida Law that your contractor MUST be licensed in the state of Florida.? As well as making sure that your contractor is Insured as well. If something happens during the condo renovation process you will be covered. The contractor will have to follow all codes and there is nothing worse than having all the work done only to have an inspector come in and tell you to tear it all out because the job was not up to code standards. Most contractors will also save you time and hassle with knowing what permits you will need and file for those said permits.

Check Contractors References Thoroughly

You can't just trust a winning smile and smooth talking Contractor. It is essential that you check the contractors standing within the community and references. Trusting a contractor outside your area is very ill-advised simply because you can not properly check the contractor's references and quality of work. Anyone can show you a picture. You want to be able to speak with an actual past customer who has actually used the contractor's service with remodeling and or physically see the work the contractor has done in the past.

Check out websites such as Angie's List or Home Advisor and read the reviews, as well as checking the better business bureau to see if any complaints have ever been filed about the contractor. You can also check on the contractor's license by visiting the website My Florida Licence.

In conclusion, making sure you have all your duck in a row before you begin your condominium remodel and finding the right contractor to work with will save you time, money and headaches.

K-Boys Construction Condominium remodeling services can answer any question you might have about your upcoming condo remodel. We are Insured and licensed general contractors serving Palm Beach and Martin County Florida. Locally owned and operated with over 14 years experience we are the number one contractor in the area.

You can trust K-Boys Construction with you upcoming condominium remodel. Give us a call today!