Renovating a home is difficult but extremely rewarding. A home is the one place where you can truly stretch yourself design-wise because most people never leave it. You can be as daring conventional as your heart desires with your decorating scheme, and there are a number of possibilities out there for you to explore.
When you decide that it’s time to renovate your home, the first thing you should do is do a little research. There are a number of various renovations out there. Make a list of what type of renovation you want and why. You may also wish to consider if one or more of these options would be easier for you to accomplish on your own rather than finding a contractor to do them for you.
There are three main areas where people typically choose to renovate: structure, style, and location. Your budget will determine which area receives priority in your renovation process.
Structure is about making sure all the pieces within the house fit together properly. The foundation should meet code requirements; plumbing and wiring should be up to date; all walls should be secure, and the roof should keep out water. When these pieces aren’t working together properly, you need to prioritize this area first, or else your house will suffer from constant disrepair. Do you need new pipes, do you need changes within the bathroom? Does your concrete need concrete grind? Ensure the concrete is appropriate by hiring an expert in your area. For example, our buddy Thomas lives up in Canada and found an amazing montreal concrete repair contractor to do the job for him.
Style refers to the aesthetic of the home. This includes painting, flooring, furniture, window treatments, and exterior items like decks and fencing. The style that provides the most benefit is often the easiest for homeowners to complete on their own. If you can paint and remove wallpaper by yourself, there’s no need to find an expensive contractor. As for the furniture, if you don’t want to buy all new pieces, there are simple tricks that can make your old stuff look like a million bucks. A good interior designer will be able to advise you on what paint colors and wallpaper looks best with your style of furniture. This means that you can get more bang for your buck by getting an expert opinion on the placement and treatment of your current furniture (i.e., Take some pictures and bring them in to show him/her), though it might cost a little bit more than simply buying new things. Style is best done by yourself, as it can be a very cheap fix. Generally, the casual, comfortable feel associated with a Mid-Century modern style has been largely rejected by those who wish to stay current in today’s market. Homes that boast an ultra-modern look and feel seem to be all the rage these days!
Location is about where you choose to live within your community. Do you want a simple yard? Would an extra room boost your family’s comfort level? Is living closer to work more important than proximity to friends? These are concerns that can help drive your location decisions. The location of a home is best done by an expert, as they know exactly what you can afford based on the surrounding area and will most likely have suggestions for better areas to live in if you don’t like your first choice. Function refers to how well a home serves its intended uses.
There are two main factors that affect function: architectural style and layout. The architectural style is the appearance of a home, and it’s typically influenced by local building regulations. The layout is how rooms are organized, and it is most affected by the needs of the family that lives there.
Upgrades refer to substantial changes in major spaces or systems of your home. New construction means building all-new inside walls, adding another level to your house, etc. Overall, remodeling is used for homes with mixed uses, like houses that also contain storefronts; this approach works best for smaller spaces like offices and small retail shops where only one component (home or commercial) will be used at a time. This type of remodeling is best left to the experts.
Construction cost is the money spent on building materials and labor fees during the renovation process. It’s important to build a budget before any work begins so that you know what you’re getting yourself into financially. Some of the most expensive upgrades are kitchen and bathroom renovations, as they require plumbing. The least expensive upgrades are usually painting and flooring.
Make a list of things that needs replacing, what materials you’re going to use, and who is going to do the work. Your contractor will appreciate it if you give them details on what they’ll be working with ahead of time so that they can come up with an accurate cost estimate based on the information you provide. Make sure that you have enough for the expenses in reserve for this possibility so that the project doesn’t get delayed until further cash infusions are needed.
After looking at your budget, consider whether or not you want to take out any loans to pay for the project. Read the conditions of the loan because it could prove to be disastrous if you aren’t careful. If this is your first time getting into loans, it’s definitely worth consulting with a financial advisor or the bank itself to ensure that you know exactly what you’re getting into.
Make sure that you choose one with an interest rate that offers flexibility and an acceptable payback period. Look for the lowest possible interest rates and monthly payments as well as other perks such as free extended warranties and other money-saving deals. Try not to get distracted by adding extras onto your loan – keep your focus on the basics!
The renovation process is all about project management: planning everything out beforehand so that there aren’t any surprises when the project gets going. It may sound easy even things can be complicated very quickly. If not managed properly, a renovation project could get way over budget and completely derail your financial situation.