One of the best benefits of owning a property is that you have the freedom to do what you want with it (if planning permission is granted, of course). It’s the opportunity to create your ideal living space, and you could even add value to your home, which will be greatly beneficial to you if you ever choose to sell it.
However, while home renovation projects do come with a lot of perks, they shouldn’t be the result of impulsive decisions. They will require careful planning and consideration, so before you proceed with your ideas for home improvement, make sure you think about the following.
When Planning Your Home Renovations
What’s the Goal?
What is the purpose of these home renovations? Would you like to let in more natural light? Extend the property for extra living space? Or perhaps turn multiple little rooms into one big open-plan area? It’s important to think about what you need from these renovation projects to make sure you’re getting the right results.
It’ll also help you figure out whether or not it’s worth investing your time and money into these updates, or if you’d be better off moving to a new property altogether.
What is your Budget?
Once you know what updates you’d like to do to your property, you can move on to looking at your financial position. Any kind of renovation project is going to cost you money, but some are more expensive than others. Do some research into the average cost of your particular job and then get a variety of quotes from tradesmen to find one that is comfortable for you.
Beware of quotes that are much lower than others though, as this can indicate cowboy builders looking to make quick money for a poor job. If you don’t have the savings to move forward with the project but need to have it done sooner rather than later, look at getting a personal loan like the ones offered by OneMain Financial.
How Much Value Will It Add?
Another thing to think about when it comes to making home renovations is whether or not they will be worth your investment. This means more than just making you feel more comfortable in your living space, and also whether or not these are features that potential buyers will want to pay more for if you did ever sell your property.
Some of the best renovations for this include loft conversions, extensions, remodeling your kitchen and bathroom, and sprucing up the garden. You should also make sure that your property’s wiring, plumbing, windows, and roof are kept in good condition if you want to get the best price for your house.
While making sure that your renovations serve a practical use, the final look should be one of your top priorities. Aesthetics can do a lot to affect the sale of a house and how you generally feel in your living space, so getting the look right is key. If you are hiring a professional to complete the job in question, work with them from the very beginning and dictate how you want everything to look when it’s finished.
They might also be able to give you some design tips and show you samples of what they can do for inspiration. If you are doing a big renovation project and having an extension, you might want to hire an interior designer as well as a contractor/architect to help you with the final touches.
DIY or Professional Help?
It is highly recommended that you use professionals when it comes to home renovations, particularly if you have little to no experience of doing the job at hand. Not only will doing these things yourself probably lead to disappointing results, but it could also be dangerous. However, if your home improvement job is minor and you are very good at DIY, doing these smaller projects could end up saving you money.
These could be things like laying a patio in your garden, putting together decking, repairing a broken banister, or retiling the bathroom. As a general rule, if in doubt – call a professional.
What is Your Schedule?
Finally, think about how long you are happy to spend on making these renovations. Some jobs will take longer than others, and depending on the scale of your project, you might have to vacate your home until it is completed. This means finding somewhere else to stay in the meantime.
If you don’t need to leave your home, you will still need to put up with the construction and mess, so make sure you are comfortable with this and think about how long you can put up with it. Be aware that there could be delays if there are issues with supply chains or bad weather means work can’t continue.
Home renovations are usually worth it, but it’s important to think it through carefully before you break any ground on your project. Use the points above as a guide to help you decided if you’re ready to commit to your particular home improvement project.