The 8 biggest mistakes people make when remodeling their homes, according to real estate agents

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The 8 biggest mistakes people make when remodeling their homes, according to real estate agents
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One expert recommends adding an extra 20% cushion to your budget once you've estimated the scope of your renovations.

Americans are spending less on home renovations than they were at this time last year. Without proper planning, you can easily exceed your remodeling budget or projected schedule. Business Insider tapped real estate professionals to learn the biggest mistakes that will cost you time and money. Visit Business Insider's homepage for more stories. As home sales and new home builds decline around the country, Americans are less inclined to invest in remodeling projects than they were a year ago.

Americans are spending less on home renovations than they were at this time last year. Without proper planning, you can easily exceed your remodeling budget or projected schedule. Business Insider tapped real estate professionals to learn the biggest mistakes that will cost you time and money. Visit Business Insider's homepage for more stories. As home sales and new home builds decline around the country, Americans are less inclined to invest in remodeling projects than they were a year ago.

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