Home renovation is something that almost every property owner has considered at one point or another. This isn’t surprising given the number of reality shows there are based on home renovations and all the images we see online and in magazines of stunning kitchens and bathrooms! They can make our own homes look quite dull by comparison, and it’s easy to get envious of other people’s beautiful houses. However, before you start knocking down walls or pulling up carpets, there are certain factors involved in any renovation project that you must bear in mind.
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Here are Four of The Most Important Key Factors to Bear in Mind When Renovating your Home
Finance
The first aspect to get sorted out is your budget. Decide how much money you are willing and able to spend on home renovations before you start any work, and do your best to stick to it once the project gets underway. There will inevitably be unexpected costs that arise as you progress, so make sure you take that into consideration. When you speak to contractors about your renovations, don’t let them persuade you to overspend unless it’s absolutely necessary. The same applies when you go shopping for furniture, furnishings, appliances, and accessories – it’s very easy to get carried away!
Inconvenience
Home renovations can be intrusive, especially if you are having a lot of work done, so be sure to take the potential hassle into consideration when thinking about the timing of yours. For example, if you are also thinking about starting Career Change Courses, you might want to wait until you’re finished or settled in before doing renovations too. Another option is to stay in an Airbnb while the work is being done to minimize the impact on your daily life. Just remember to factor the cost of this into your budget.
Intention
It’s critical that you know the purpose of your home renovation project before you get started, as this will affect what you do and how you do it. It’s easy to get swept away by the gorgeous home images you see on Pinterest. However, any redesign you do must be suitable for your personal needs. For example, are you renovating because you dislike the current layout or decor of your house? Or is it because you need more room? If so, what exactly do you need the extra space for? This will help you decide whether it’s more appropriate to add a conservatory to use as an office, convert your attic into a bedroom, or make your living area open-plan.
Value
Even if you’re not planning on moving house any time soon, the impact of a renovation on the value of your property should always be in the back of your mind. If you are thinking of selling in the near future, you want to make sure that you don’t spend more money on the renovation than the value it will add to your home. One helpful tactic is to look at the ceiling price of similar houses in your neighborhood to see how much the price of your property could potentially increase by.