So you’ve come to the realization that your house needs a little bit of work. (Or maybe a lot of work.) You don’t want your house to simply be a physicaladdress; you want it to be home. Plus, a remodel can add value. So a home renovation can be an absolutely great idea.
Renovating a house, though, can prove to be a very long, complicated, and expensive process. If this is your fear, it’s completely valid. There are a few things you can do to make the process easier and cheaper. To help you out, here are five tips for renovating your new house efficiently and economically.
Create a realistic budget
If you’re trying to renovate your home on a budget, the first thing you need to do is actually create a budget. Creating a budget allows you to decide your spending limits so you don’t splurge unnecessarily, even though the urge is there.
Creating a realistic budget will also help you understand the final cost of the renovation, which will depend on so many factors. Both the age of the building and the number of square feet are decisive in almost every renovation budget. For example, the more square feet of floor space, the higher the cost of renovating the floor. The larger the roof, the higher the costs for roof renovation, etc.
It’s also important not to overestimate your budget when you eventually start the process. Your budget determines your entire renovation, so spend some time creating it.
One of the best things you can do when looking at your budget is to think about what is affordable compared to what needs to be done. Using free online finance tools can help you see a clear picture of your financial situation, before you commit to a budget.
Plan and research
The next thing you’ll want to do is your research. There really is a lot of research required when planning a home re-model, not only to determine the scope of all of the projects, but to make sure all of the details are covered. This includes researching planning permissions, researching professionals, etc.
The research stage is also important because, at this point, you can still find ways to save a bit of cash. For example, you can often find alternative products online for half the price. Taking advantage of thrifted finds can also save you a lot of money.
When planning a renovation, it’s important to get an overview of the priorities first. Ask yourself, “What are my needs vs. what are my wishes? What is necessary vs. what is excess?” Although it can be hard to do, it’s important to draw a clear line between real necessities and pure wishes, in order to stay within budget.
Of course, different components of the renovation are subject to different levels of urgency. For example, leaky windows can generate enormous heating costs each year, and should often be higher priority than purely decorative measures on the house.
It’s a good idea when renovating your home for better design as well as efficiency to consider insulation for your walls and your ceilings to save money and to ensure that you are getting the most out of your home in terms of energy usage.
It may be time to get in touch with a new energy provider such as Think Energyand get yourself a better energy deal to suit your needs. Energy is a huge expense, and it is so important that we find ways to reduce our energy bill each month. One way is to switch to energy saving bulbs that allow you to light up your home without burning a hole in your pocket!
There are a lot of things you should be considering when renovating your home such as which are the most used and most needed rooms in the home. Consider every room in your home, and sit down to write a list of the things you want to change in each. For example, if you were looking to renovate your bathroom you could consider creating a list that looked like this:
Rip out old fittings
Retile the walls
Retile the floors
Install new toilet
Install new sink
Install new bath
Install new light fixture
Once you have a list such as this you can start to prioritize exactly what you need to do and the jobs you should start with first.
Seek professional help
Many people find it difficult or costly to involve experts in the renovation planning process, and so they skip that important step. This often results in big mistakes. Whether during planning, product selection, or placing an order, bad decisions can result in additional costs that destroy the budget. The reluctance to hire a specialist can also lead to permit applications not being made, which can destroy the budget even further.
Enlist your own skills
Professionals usually know which products offer the best price-performance ratio and which are the cheapest to install.
That said, if you are a DIY enthusiast yourself, you can also chip in your own skills, especially when it comes to the final finishes. Consider doing the painting yourself, as well as other small projects. With a little instruction, it’s possible to complete some of the work yourself, to keep costs down.
Following all the above tips will help ensure that all of the effort you put into renovating your new home will be worth it in the end.