Planning your home renovation can seem like a dream, but in reality, it is a complex process. While small renovation projects can be DIY’d, elaborate renovations or extensions require proper planning, budget allocation, and execution to the last detail. If you are considering a renovation or extension project for your house or investment property, do not start without reading these important tips. Read on to know the secrets of successful renovations.
Engaging an architect or designer can be an expensive activity, so it’s crucial to have a broad idea of what you want to achieve before seeking expert guidance.
Begin by establishing your primary functional requirements (for example, the number of bedrooms or living areas, additional storage, and so on), then spend some time looking for examples of the style, features, and finish you want to use.
Your designer will most likely be able to offer some helpful suggestions and comments, but having a clear set of needs and a brief of design inspiration can help you express what you desire and ensure you’re both on the same page.
Unless you have a limitless budget, you’ll almost certainly need to make a few trade-offs throughout the design process to keep expenses under control.
Making these judgments while working on a renovation or extension project might be difficult. The key here is to distinguish between your “must-haves” and “nice-to-haves” from the onset. This way, when you start working through your costs, it’s easier to establish what may stay and what must leave.
If you plan to work through your renovation or extension plans in stages, avoid squandering money on short-term enhancements to areas of the home that are likely to change in the future.
One of the most common reasons for schedule and budget blowouts during home renovation or expansion projects is the necessity to make adjustments to the previous plan after work has begun.
You can minimise the need for alterations or adjustments after the project has been priced and is underway by investing a little more effort during the design phase to establish the ideal plans.
Whether you intend to finance your renovations or extension with a loan or by paying cash, you must first determine how much you can afford to spend.
Then, there’s the actual piece of wisdom: hire a builder when you’re still in the planning stages.
While the typical approach is to hire a designer, develop your designs, and then get a project quote from a builder, the quote usually ends up being over budget. Thus, contact the new home builders by Hotondo Homes for your home renovation or extension project to have a hassle-free experience.
Finally, in order to get the most out of the project, you must be able to understand where your money is being spent, which is primarily determined by how your builder estimates the project.
Your builders’ quote should ideally be properly itemised so that you can see exactly where every dollar is going. With solid financial visibility, you’ll be substantially better at identifying areas where you’re not getting good value for your money and areas where you might be able to invest a little more.
Renovation and extension projects can be executed smoothly with the help of the right designer and builders. Following the general tips mentioned above will help you plan things better so you don’t have to expand your budget again and again. Finally, we hope you found the article helpful. We wish you a lot of success on your new home projects!