Home renovations are a great way to add value to your property and make the home more comfortable. However, they can be a big investment and should only be undertaken after careful research and planning.
Whether you are trying to increase the resale value of your home renovations or simply make it more livable, there is no doubt that a renovation will be a big project with unforeseen costs and challenges along the way. To make the process easier for yourself, you should prepare as much as possible before starting the renovation, including researching local zoning regulations and permits (if needed).
Sketch out a plan of what your renovation vision looks like and determine which projects will provide the best return on investment. Then create a timeline and budget and stick to it. Having a clear idea of what you want can help you avoid being talked into designs by contractors, and it will also save you money on things that might not fit in your design aesthetic, such as fancy fixtures.
You should also consider whether your project requires a permit, as that will impact the length of time the work takes and how long you have to stay in the house during the renovation. A permit can be a big headache and is not always available when you need it, so make sure to check with your city about the requirements before hiring someone for the job.
Choosing the right contractor for your home renovation is essential, and a good place to start is by looking at reviews and references. If you can, choose a licensed professional that has experience with your specific renovation type and project. They will be able to advise you on the best way to achieve your goals within your budget, and they can also point out structural enhancements that will improve your home’s energy use and longevity.
Another thing to keep in mind is that renovating a home can be an emotional roller coaster. It is a major change to your living space, so it’s easy to get carried away with ideas and inspiration. But be careful not to choose design trends that might not last or appeal to future buyers, as this can negatively affect resale value.
Lastly, be prepared for the unexpected and have the right homeowners insurance in place before starting your home renovation. That will protect you in the event that something goes wrong, such as a water leak or electrical outage that renders your home unusable while it is under construction. It is a good idea to have a good amount of coverage in place in case the worst happens, as it will cover the cost of staying in a hotel, ordering take-out and more.