5 things to know before starting a real estate renovation project


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Change is an inevitable part of all aspects of life – and our home life is no exception. Since we spend so much of our time in our homes (more so due to the ongoing pandemic), it’s no wonder we are looking for change in terms of the interior design and structure of our property. From lifestyle changes — like starting a family that requires an interior change and possibly a change out, to a home update or a new theme or style — home renovations are something all homeowners will do at least once in their lives. Renovating your property can be a challenging experience, but transforming your home can be rewarding. Each of the property renovation tasks you undertake will bring you new challenges and unexpected ups and downs, and there are plenty of tips and tricks that can help you if you find yourself in a difficult home renovation situation. In addition, home renovations are a great way to add value to the cost of your property, as it allows you to modify your home according to the real estate market, making it more desirable while adding value to the property. If you are wondering “How can I sell my house fast?” Home renovations are the perfect place to start. But before you get started, here at We Buy Any House we’ve compiled a list of things you should know before starting a property renovation project. Start with a building survey: Before you renovate any part of your property – you must commission a certified building surveyor. This is especially important if you are planning to do any structural renovations, such as building an extension or making a loft conversion. The price of a surveyor usually ranges from £500 to over £1,000, depending on the age, size and location of the home. However, they will highlight important issues such as roof problems, moisture, or any structural movement – which can cause significant damage if not properly evaluated. Budgets and Quotes: We all love indulging in TV shows about a home makeover — but they’re not the biggest advisor when it comes to renovating your home in terms of budget and expense. It is important not to underestimate the cost of your renovation project, as this could result in you taking out loans from the bank and ending up in financial hardship. Instead, before your project begins, sit down with your family/partner and work out the cost of things down to the last little detail. Then put some extra money aside in case anything goes wrong as an emergency fund. Another thing to do is ask for an accurate estimate. Don’t trust a single person’s evaluation, find several experts in the field and get an average cost estimate for certain jobs. Additionally, do not rely on “textimate” (via phone discretion). Encourage the person to come and see your belongings in person, so they can see firsthand what they are dealing with. Create a realistic schedule: In an ideal world, all renovation projects would be done with the tap of a finger. However, unfortunately, this is not always the case in reality. It is important to have a sense of realism about home renovation projects and to understand that although you may have been given a rough estimate by contractors, there may be factors that point to this. Prepare for things that are taking longer than expected and try to avoid feeling discouraged by visualizing the end result. A tip to get around this is to request new updates before removing existing material, so that there is no waiting time. Expect the Unexpected: Halfway through your home renovation, an unexpected event may occur. Whether it’s uneven floors due to a moving center arm, a ceiling issue, or an issue with your water system, this can have a significant impact on the timescale of a project. Renewals will stop, and you will have to hire a professional who can fix that specific problem – then the renewals will resume when the site is safe and legally sound. That’s just one reason why it’s best to devote more time and money to your renovation project – so you’re protected from unexpected accidents along the way. Be specific: time is money and money is time. Renovating your home probably isn’t cheap, so it’s best to have a clear plan before giving the go-ahead. Although things may appear along the way, there are certain things that need to be concrete throughout the process (no pun intended!). When you plan to place things like your radiators, sockets and lighting planning should be thought in advance. After all, it’s you who will struggle to use your phone while it’s charging. The same goes for interior design. Don’t be swayed by a stylist who thinks they know your style and wants free judgment (unless you’re comfortable and happy with that). Instead, plan ahead for the interior of your home, and if it can’t be an exact match, get something close.


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