There are many reasons to renovate, perhaps you want to make room for more family members, you want to increase the price before selling your property, or you feel your home needs a fresh look. Before getting ahead of yourself, you need to consider your budget, the design you’re going for and if you’re mentally and physically prepared for the disruption that is about to come. Here are some things to dwell on first to ensure things go according to plan instead of wasting time and money:
1. Renovate or Move Out?
If you’re debating whether or not to build an extension or move to a bigger house, think about whether or not you like your neighbours, how your kids would feel about moving, and the total cost of relocation. If the pros of relocation outweigh the cons, then go for it. But if you feel renovation is the way to go then consider the next steps.
This can be a difficult thing to determine when the costs are unknown. Figure out the maximum amount of money you’re willing to shell out or think about it in terms of how much you would be comfortable spending in monthly repayments. This will help you understand the scope of your renovation, would it cover a bathroom, a deck or a new room? If you’re simply looking to resell, it may be best to reach out to a sales agent first to assess the current value of your home and whether or not a renovation is still worth spending on.
Think about how often you see yourself using the new space. You could build a new pool but rarely take a dip, or a home office that could eventually turn into a storage room, or a home theatre that is ignored. Make sure the renovation is worth your money and time, not just a useless addition to your home. Think about your lifestyle, an extension of your home should be an extension of this. Ask yourself how often you would like to entertain guests, or how often you eat at the dinner table or on the couch, or how often you would be needing a quiet space to escape the noise. This is your opportunity to get creative and imagine how you would like to spend your future in your home. Try creating a mood board or a scrapbook to entertain ideas and see what works.
4. Be Realistic
Unfortunately, most client’s budgets would need to be increased or instead they would opt to adjust their wants and needs to fit their spend. To keep everyone’s expectations in check it helps to know what you can and cannot live without in your property before you start the renovation.
5. Hiring Contractors
Based on what you’ve already put together, do you think you would need to consult an architect? If not, are you confident enough in your design to go straight to a builder? Would you be needing a professional to handle a team or do you think you can coordinate the renovation yourself? Our friends at https://www.marriottconstructions.com.au/ believe that the answers to all these questions will depend on your scope and budget. It pays to do your research because prices can vary considerably. You must understand the differences in the type of services you are getting from each professional. Make sure to be diligent in selecting the right contractor for the project and always ask to see their previous work or speak to previous clients.
Renovation, in general, is disruptive, more especially if you are living with a family. Therefore, it would help everyone if you can all work with a timeline and a completion date that suits your home situation. If there is any phase in the renovation process that you should focus on, it should be the planning phase because this is where you can drastically reduce future disruptions, reducing delays in building.
After all this, you’ll get to use the new space in the home and that’s truly the best part of the process. Therefore, the sooner you can enjoy it, the better.