Remodeling your home can be a real money maker if you do it right. But if you start the project all willy-nilly without a plan and the least bit bit of knowledge, you can really hurt yourself, not to mention your bottom line. So before you gear up to tackle a home remodeling job on your own, take this quiz to measure your fortitude.
If you're looking for a lot of bang for very little buck, which room should you stay away from?
- home office
You've picked the room, bought your tools and are psyched up for demo. Now what?
- apply for your permits
- create a budget for the entire job
What part of a home remodel can you do without much experience to save a little money?
- finishing work
Another way to save some money on a home remodel is to serve as your own what?
- construction foreman
- general contractor
If you want real hardwood flooring but can't afford it, what's a popular alternative?
- brown paint
- laminate wood flooring
- shag carpet
What popular style of bathroom tile can you find underground?
- taxi tile
- city bus tile
- subway tile
What's one important thing your contractor should have?
- his own pickup truck
- a license
- big muscles
In construction cost surveys, how much money is the average small kitchen remodel?
What's a good way to save money on construction labor?
- offer something in trade
- use an equity line
- pay in cash
What kind of cost overrun should you plan for on a home remodel?
- 40 percent
- 30 percent
- 10 percent