Remodeling your house is a great way to add value to your home. When deciding which projects to complete here are some tips on pitfalls to avoid that can turn a renovation into a nightmare.

First, know exactly what you want. If you aren't specific with a contractor, they will most likely give their own interpretation to a project which can be costly and frustrating. Do your research. There are many websites that detail specific elements and can even give information on cost. Make sure you are clear about what you want.

Don't necessarily hire the first contractor you speak with. It's important to talk with a few, get estimates and compare. Do your homework. Ask for references and examples of their work. Make sure your contractor is licensed and insured. If not, that could be a red flag.  Think about the amount of money you are investing in your remodeling project and the important role the contractor plays.

Just because the bid is the lowest, doesn't necessarily mean it's the best. Low cost could also mean sub-standard equipment and supplies which could lead to bigger problems in the future. Review bids carefully and compare.

Previously we stated how important it is to be clear about what you want. This means put it in writing. Any contractor who won't agree to written terms of the project could be another red flag. Everything from the start date, length of project, paint color and payment terms should be included so you and the contractor have a mutual understanding of the expectations. Doing your homework before should allow for a smoother renovation project that will result in a happy homeowner.