Expect your home remodeling to ‘cost 50% more and take 50% longer,’ says finance expert

So you’re thinking about doing a major home renovation. You’ve been stuck indoors since the pandemic — and you plan to be for a while longer. So why not put some money into making it look nicer?

If you’ve never remodeled your home before, getting through the process can be a complete nightmare. I’ve been through four projects, and none of them were pleasant. But, after the first two, I finally wisened up to the game that some general contractors play to extract as much money from homeowners as possible.

Here’s what I learned from all my painful, exhausting and costly experiences:

1. It will cost more than expected.

Competition is fierce, so a contractor might initially offer an attractive price just to beat out all the other bids. Their goal is to get you to sign the contract. Once you’re locked in, they can upsell you with add-ons.

If

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