Home
CheckingSavingsMoney MarketTerm SavingsFor YOUthHoliday ClubIRAs
AutoPersonal Line of CreditPersonal SignatureBill ConsolidationRecreational VehiclesSavings SecuredHoliday LoanStudent LoanServicemember Civil Relief Act
Auto and HomeAuto and Home (Copy)Loan ProtectionDental and VisionAD&DGAPMBPMyInsuranceInfo
NGFCU Wealth Management
Loan RatesSavings Rates
Join NowOnline BankingDirect Deposit & Early PaydayZelle®ATM and Debit CardOverdraft ProtectionAutomatic Funds TransferWire TransferCredit & Debit Card AlertsNCUA Insurance (NCUSIF)Auto Buying ServicesCall 24Need HelpMobile BankingLiving Trusts and Estate PlanningRefer a Friend
Financial Resource Center Home Auto Buying Career Planning Consumer Resources Financial Calculators Financial Planning Youth Sites House & Home Insurance Loan & Credit Management Savings & Investments Shopping Small Business Services Tax Planning Travel Site Map

Be Smart about Home Renovations

Home > Financial Resource Center Home > House & Home > Improving > Be Smart about Home Renovations
Home > Financial Resource Center Home > House & Home > Improving > Be Smart about Home Renovations

Home renovations can be an exciting time for homeowners. Whether you're updating your kitchen, adding a new bathroom, or giving your whole house a facelift, renovations can increase the value of your property and make your space more enjoyable to live in. However, embarking on a home renovation project can be a daunting task, with numerous decisions to make and potential pitfalls to avoid. 

  1. Set a budget: Before you start any renovation project, consider how much you can realistically afford to spend and prioritize your projects accordingly. Make sure to factor in unexpected expenses and leave some room for contingencies.
     
  2. Plan ahead: Take the time to carefully plan out your renovation project including what changes you want to make, what materials you'll need, and how long the project will take. Create a detailed timeline and budget to keep your project on track.
     
  3. Hire the right professionals: While DIY projects can be tempting, some renovations are best left to the professionals. Make sure to hire qualified and licensed contractors for any work that requires specialized skills, such as plumbing or electrical work. Get multiple quotes and check references before making a decision.
     
  4. Research materials and finishes: When selecting materials and finishes for your renovation, do your research. Consider durability, maintenance, and cost when choosing materials, and opt for high-quality, long-lasting finishes that will stand the test of time.
     
  5. Consider energy efficiency: Consider incorporating energy-efficient features into your home such as energy-efficient appliances, windows, and insulation. This can not only reduce your environmental impact but also save you money on utility bills in the long run. 
     
  6. Obtain the necessary permits: Make sure to obtain any necessary permits and check with your local building department to ensure that you are in compliance with all regulations. Failure to do so can result in fines or delays in your project.
     
  7. Communicate with your contractors: Clearly communicate your expectations, timelines, and budget with your contractors. Regularly check in to ensure that the project is progressing as planned.
     
  8. Be prepared for disruptions: Be prepared for some inconvenience in your daily routine. Make arrangements for temporary living arrangements if necessary, and plan for additional time and money for unexpected delays.

 



« Return to "Improving"

Important Numbers

Member Services: 800.633.2848 (available 24/7)

Credit & Debit Card Member Services: 800.633.2848 ext 4856 (available 24/7)

Credit Card Lost or Stolen: 866.839.3485
For International Calls: 727.570.4881

Debit Card Lost or Stolen: 800.754.4128
For International Calls: 727.227.9012

Credit Card Activation: 800.456.6870

Debit Card Activation: 855.485.7043

Members traveling or who reside outside of the US: 727.227.2447

Routing #322276088