Renovating definitely comes with stresses and time commitments, but it can really add value to your home. Whether you plan to live in your renovated home or sell it, there are major costs that are involved with renovations. Thus, you need good planning, a strict budget to follow and a few helping hands to get the job done. If you are not sure where to start, here are a few tips to get you on the right track!
Set A Strict Budget
Setting a renovation budget is essential, as often, costs will pile up very quickly. Remember to check how much your property is worth if you are renovating to sell, to ensure you do not go over budget. Shop around for the best deals, and never take the first quote. Also, expect rooms like the Kitchen and Bathroom to cost a lot more to renovate than a bedroom given that there are more expensive appliances within them. As well, if you rip out your kitchen, consider that you will need to spend a lot on eating out whilst you cannot cook at home. Perhaps even see what you can find second-hand in terms of pavers or feature tiles, as well as ‘vintage’ decor.
Start With Cheap Fixes
First, look around for the quick fixes you can take care of yourself. Usually, this starts with a new coat of paint to the house, especially adding a pop of colour with a feature wall in the bedrooms and lounge room. This will get rid of that really old, yellow look that is tieing down your home value. You should also consider what colours go together well, and use apps with colour visualisation tools to see what colours would suit your home. Next, consider the furniture, which may need a new stain if it is wooden to update the look. New handles and taps can make a large difference and keep the home looking fresh, particularly in the kitchen and bathroom. Instead of immediately throwing out old furniture, look at how you could rectify it first. And if you do want to get rid of it, consider selling it on Gumtree to make some money back, or donating it.
Consider Your Storage Options
When renovating, consider better ways of storage. Whether it is installing a walk-in wardrobe or overhanging cupboards, this is essential. It not only adds value if you are living in the house as you can easily pack away your items, but it is a common thing that renters and homebuyers look for. Additionally, a backyard shed such as one from Easy Shed can add storage to the outside of your house. You can pack away your bikes, old belongings, and protect your items from sun damage and fading.
Trade or DIY
One huge mistake individuals make when renovating is trying to do everything themselves when there are some aspects that should just be left to the professionals. Whilst you can save money by painting yourself, skimping out on hiring a proper plumber or electrician is not ideal. Often the foundations of your house will not be up to standards and it can cause you more problems down the track. It is hard to understand the full complexity of these tasks until something goes very wrong, and by then it is a lot more difficult to fix. Also ensure you do not pay for everything upfront, as you want to be happy with the end result before your tradesman runs out on you. You are likely to have more of a hold on them when they are waiting to be paid.
Overall, there are a few tips to consider before you start renovating, including costs, cheap fixes, and storage areas. Make sure you get professional help when it is needed, and look around for quotes to save yourself money. It will take time and commitment, but the end result is well worth it!
