If you have never done a remodeling project before you may not have figured a contingency fund into your budget yet. A contingency fund is an amount of money you set aside to cover any unexpected costs that can arise during the project. This money is on reserve and is not allocated to any specific area of work. It acts as your “insurance” in case anything unexpected comes up or you want to add or … [Read more...]
How much of a contingency fund should I plan on?
August 14, 2020 by Allison Guido
Filed Under: Addition, Basement Renovations, Bathroom Remodeling, Financing, Kitchen Renovation, Tips Tagged With: addition budget, basement budget, contingency fund, extra funds, Hanover Basement Remodeler, Hanover Bathroom Remodel, Hanover Remodeler, hanover remodeling, Hingham Bathroom Remodel, Hingham Remodeler, home remodel, Milton Basement Contractor, Milton Contractor, Milton Home Improvement, Milton Kitchen Contractor, Remodeling, Remodeling Budget, remodeling plans, south shore remodeling, What if
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