Selection Allowances: What They Are & Why We Use Them
What is a ‘selection’?
When planning a home renovation, you must consider the various options or products that you will use in the remodel. The contract will specify these selection allowances, so it’s critical to review them carefully and make informed decisions. These options include cabinetry, plumbing fixtures, tiles, and various materials. It is important to make these choices as early as possible to avoid delays. Order the tile soon, especially if it’s out of stock and expected to be available in four weeks. Once you select your allowances, BuilderTrend will upload them to the “Selections” tab in your account.
What is an ‘allowance’?
According to your contract, Almar will be responsible for taking care of the expenses mentioned.We give you a budgeted allowance for each aspect of your selections and you can pick anything within that range.
Why do we use allowances?
We do our utmost to provide a reliable estimate of the costs for each aspect of your remodel. However, it’s essential to note that prices and industry trends are continuously fluctuating. Set a budget for each item and cover additional costs if exceeded.
What is an ‘overage’?
An overage is the amount of money you pay for a selection that costs more than the allowance we provided. Suppose you have a faucet budget of $150, but you choose a faucet that costs $350. In such a case, you will need to pay the additional $200 that exceeds your allowance.
We ease the remodeling process with selection allowances. We understand your budget constraints and aim to prevent unexpected expenses.That’s why we provide you with a designated allowance for each selection. Our aim is to make the selection process enjoyable and rewarding, ensuring a positive experience for you.
Contact Almar today (781-826-2578) for your dream home renovation and to work with our wonderful team!