Your might have noticed that while the housing market isn’t quite what it was there has become a big trend towards renovating the property that you already have. But renovation is not something that should be taken lightly. They take time, effort and money to complete properly. That is why we have created this guide on renovations below to help you stay organized on and on budget throughout.
The first thing that you need to do when you are embarking on a renovation project is to decide exactly what you want doing. Then it’s time to call in the professional and get the to quote for the work that you have requested.
Remember though, always as for quite from more than one provider, as they can vary widely and you want to get the best deal possible. Although when comparing prices from different professional make sure that you take into account all of the aspects that they are quoting for. For example, one quote may seem a lot cheaper, walnut, when you look at it closer, is does not include the materials need or give you a time scale when they will complete the work. Which mean you can be waiting forever before they even get started.
Of course, in some case, it may be cheaper to buy the renovation materials yourself. For smaller jobs getting what you need from a hardware store can be sufficient. But for larger jobs, it’s likely you will need to open an account with a specialized supplier. This can cost you money so be sure to factor this cost into your budget, or you can end up being way off with your numbers.
Keeping To The Budget
Obviously one of the most important aspects of carrying out a renovation is keeping to the budget that you have originally set. While this seems very simple before any of the work has started, it can be anything but once things have got under way.
For instance, some project begins, and other elements that need to be done are uncovered. Such as rot in an attic conversion. Or additional foundations needs to be laid for an extension. This means that not only can the project not continue until these things have been done, but you also have to suddenly find the money to do them out of no-where.
This can certainly be problematic, and there are several options that you can try. The first is to dip into the budget buffer that you have set, in case some of the costs run over. However, not everyone can afford to have one of these. In this case, it is common to explore the option of quick loans, getting an extension from the bank or raising the money by selling something of value.
Expect a little chaos
Lastly, when you are renovating your home, you need to be aware that while the work is going on things will be a little chaotic. Expect workmen to be coming in and out of court house. Expect dust and dirt and expect it to be noisy. It’s no good going into these things with no idea of the disruption that they can actually cause because it will just ask the whole the process more difficult for you.