Existing Conditions Budget Busters

Documenting the existing conditions of your renovation or remodeling project is very important. Failure to do so can lead to rework which can lead to unplanned costs, project delays, and major cost overruns.

It is common for homeowners to be optimistic and hope that their property is a condition that won't lead to budget-busting cost overruns. Unfortunately, these optimistic views contradict the reality of most renovation or remodeling projects.

In this podcast episode, Dale Scriven, PMP, DBIA provides strategies that allow you to come out ahead when it comes to documenting, discovering, and financing your home's existing conditions.  

The following topics are discussed:

• Hope
• Getting the requirements
• Investigating
• Contingency

If a homeowner follows the advice discussed in this podcast and avoids optimistic, hopeful, wishful thinking, the homeowner has an opportunity to save thousands of dollars.