You want to renovate your home; either because you want your home to look more elegant or your home is in poor condition and renovation cannot be avoided. In either situation, it is very common to dive into the refurbishment process without any clue of what to expect. It is only after you encounter stretched budget, unforeseen situation and unexpected issues you regret of not having a solid renovation plan in place. Without planning, the refurbishment process can end into disappointments.
However, the good news is that you can avoid these problems, if not completely eradicate, by paying attention to certain things. In this post, Bridging Finance 4 U have enlisted important home renovation tips that you must know before starting home remodeling, which could help you avoid unnecessary problems and costs overhead.
Table of Contents
#1 Know Your End Goal
Before you kick off the home renovation task, it is essential that you know why you want to get home renovation done. Do you want to sell your home or is your home condition has deteriorated? Consider the surrounding neighbourhood before you start, and identify what renovations that will bring a good return on investment. Ask yourself some tough questions about what you simply need and what you badly want. Having a proper renovation plan in mind will help you determine how deep you want to go with your project and how it can be beneficial to you in the future.
#2 Decide Your Budget
It goes without saying that knowing your budget limitations and sticking to it is one of the critical parts of home renovation plan. However, it is not always possible to create a balance between your dream home and the amount your budget can approve. Therefore, it is necessary to have a practical understanding of the refurbishment cost, along with labour and materials. If you are planning to use bridging loan, you should use bridging finance calculator so you can get an estimation of how much funds you can take out to build your dream home.
#3 Take up Important Renovation Tasks Upfront
Knowing which tasks to spend money goes hand-in-hand with deciding your budget and understanding a sensible scope of work. The earlier you determine, the more likely you will be able to keep the track of expenses. Learn about which items or tasks need the utmost attention as they might be worth spending additional pennies. If you are working on a strict budget, you may want to skip some tasks that don’t seem necessary at the moment.
#4 Talk to Family and Friends Who Have Done Renovation Recently
Before beginning the renovation process, make sure you take time to speak with your friends and family about the renovation that they have done lately. You may come to know what challenges they faced during the process and how to avoid them. From getting advice on what lights would be suitable in the living room to what appliances should be installed in the kitchen can help you pick the right items for your home. Getting information from people who have been in your shoes earlier can be invaluable in the planning procedure. This may save you from costly mistakes that are included in your planning and not known to you.
#5 Be Patient with Timeline
Home renovation is a lengthy process, so be prepared to wait for a couple of weeks or maybe, months. That is because the removal of fixtures may not take a long time, but installing the new ones you love can take several weeks. For instance, replacing the bathtub will be quick, but finding and installing a new tub can take days. It can take another two or three weeks to complete entire renovation. Hence, be realistic about the refurbishment process and timeline, and make sure you find the new replacements before removing your current items.
#6 Consult Multiple Contractors
Before hiring a contractor, it does pay off to interview at least three contractors and compare their quotes. It is crucial to find the right team to ensure your renovation work completes as expected. While word-of-mouth recommendations from someone you know might be enough, but it is advisable that you run a full-blown check on your preferred contractor. Don’t hesitate to ask for references or any certification to ensure you are hiring a professional who has good experience. Even more important is to find a contractor who understands your vision and goals.
#7 Consider Renovating Your Kitchen First
If you are wondering from where to start your home remodelling work, then it is best to start with the kitchen. The kitchen is an integral part of any house as it adds significant value to your home. According to a study, estate agents estimate that homeowners can recover nearly 60% of the total kitchen renovation cost when they sell their home. Another reason the kitchen work should be done first because that work will produce the most debris and dust, which you don’t want them to land on your new finished jobs.
#8 Make Up Your Mind to Live in Discomfort During Renovation
Going through home renovation work is intimidating for many as one has to live in the house full of dust and dirt. No contractors can prevent dust from flying everywhere, so prepare yourself to see your home in dirty condition and don’t let it bother you. If you think you cannot handle the dirt, it is not uncommon to rent a house for a couple of weeks or live with family until the home develops into a livable condition.
Your home is more than just an investment. If you really want to build a space that gives you a satisfying feeling, then you may need to invest some more time and money to turn your dreams into reality. However, you need to stay positive and calm throughout the process. If something hasn’t delivered on time or you are behind the schedule, understand that it is not the end of the world. Remember that the remodeling isn’t going to last forever, so be patient and deal with the issues mindfully.