The Houston Chronicle has a nice little article up to help homeowners better understand the arcane terminology that gets used in relation to remodeling projects. And while your friends at Watermark & Company always strive to communicate in plain English, sometimes a little jargon creeps in. So here are a few terms from the article that you might hear us use while working on your home renovation, room addition, kitchen remodel or bath remodel:
Allowance: A specific dollar amount allocated by a contractor for specified items in a contract for which the brand, model number, color, size or other details are not yet known.
Change order: A written authorization to the contractor to make a change or addition to the work described in the original contract. The change order should reflect any changes in cost.
Draw: A designated payment from the total project budget to pay for services completed to date. A draw schedule typically is established in the contract.
Punch list: A list of work items to be completed or corrected by the contractor, typically near or at the end of a project.
There are a number of other terms in the article, which is worth a read, but these are probably the most common terms you’re likely to hear from us.
If you ever hear something you don’t quite understand from us (or any remodeler), ask for clarification. We’re here to help, not to hide behind obfuscating doublespeak, and we’re more than happy to explain anything about your project.