Whether you’re a home owner or in the industry of property development like Tim Manning, improving your home can be a great way of taking your property to the next level. For improved functionality, appearance or the goal of an easy sale, renovations can add some fantastic new features to a pre-existing home. However, it can sometimes be a risky process – especially if you don’t have much experience. Here are some things to look out for when embarking on a renovation journey.
Going Over Budget
Perhaps one of the most common mistakes in home renovations is overstepping the mark when it comes to your finances. Preparing a budget before you begin any work on your home can assist with this and you should get a healthy estimate on all materials and work that you are planning on having done. There’s nothing worse than running out of money half way through a project or having your changes run you into debt.
Be prepared
Do your research before you begin the renovation. Gathering inspiration from magazines or websites and getting quotes for services will give you a better idea on the look you are trying to achieve. At the end of the project your new fittings should resemble the vision you were after, rather than not getting what you wanted at the end of the day. Through proper preparation your needs can be made clear and everybody will be happy.
Pick the Right People
If you’re employing the services of contractors you need to make sure you’re getting the right person for the job. Ensure that your worker has the proper certifications for the job they’re undertaking and that you do thorough background checks. This will save you time and money in the long run because mistakes can be extremely costly.
If you’re planning large-scale renovations it’s a good idea to engage with an architect about how the changes will affect the overall feel of your home. Don’t skimp out on quality in exchange for a lower price, this will only come back to bite you.
Compare Prices
Check out your options when you’re shopping for materials. The power is in your hands when you’re doing work on your own home and you should utilize this the best way possible. Often times you can get a great deal if you compare prices as some suppliers place huge overheads on their products. If you’re employing a contactor it can be a great idea to get their advice or ask them to purchase materials for you as they often have established connections with suppliers.
Over Spending Doesn’t Always Increase Value
You have to be reasonable with any additions that you’re installing into your home. Functionality and appearance is key, but extreme renovations don’t always have the effect we desire on our home. Certain changes will not increase the overall value of your home and this is important if you’re renovating in order to sell your home in the future.
Be tasteful, think about others with your renovations
It’s important when undertaking changes to ensure that your additions are not just tailored to suit your tastes. Remaining neutral can sometimes be the best thing, as expensive additions that will age and date your home will only be detrimental in the future. Remaining classic with your style will help prevent regrets in the future.
Stay Safe
If you’re attempting DIY it’s essential to stay safe during the process. Don’t undertake any job that you’re unsure about – especially if you’re dealing with electricity or heavy and dangerous equipment. Sometimes the appeal of saving money can be strong but it’s better to be safe than sorry.
