Home Renovation Guide:
You’re here because you’re thinking about or planning to start a home renovation. But perhaps like many people, you’re not sure where to begin. We get it, home renovation can be both exciting and scary. However, with some proper planning it doesn’t have to be overwhelming.
Below are some essential tips and advice whether you’re just dipping your toes in the water or are ready to take the plunge into home renovations. If you have any questions, please do not hesitate to email or call us.
What Are Your Reasons?
The very first thing you should do is consider your reasons for wanting to renovate your home. Watching enough HGTV will spark anyone’s desire to work on their home, but before you make any big decisions reflect on why you want to start a home renovation project?
Some possible reasons to renovate:
Add property value to your home
If you’d like to add property value to your home, renovation is a surefire way to add value that you get to enjoy in the process.
The functionality no longer works for you
Maybe you used a space a certain way while your kids were younger that was more suited to the needs of little ones. Updating your space can add new life to your home while serving the needs of your family better.
Updating some major appliances
Home renovation may have not been on your mind initially, but when needing to buy new major appliances it might make sense for you to take this time to revamp the space to match the new appliances.
Let’s Talk About Money
More than anything, thinking about money is the least fun part of a home renovation project. It is however a make or break consideration and one that should not be taken lightly. Any good, renovating a house, checklist will include finances, so we think it’s important too.
According to the folks at Finance Superhero, “A wise rule of thumb when planning a renovation budget lies in estimating total project costs and adding 15-20%.” When you’re thinking about how much you want to budget, tack on that additional percent and determine if it’s something you can afford.
We know you’re not going to want to hear this, but be realistic about how much you can afford. Financing big projects like this with credit cards might seem tempting, but think about the high payments that can occur if the balances are not paid off in a timely fashion.
Look at your finances, find your budget, tack on 15-20% and be diligent about planning properly so you don’t incur additional expenses that will cause problems down the road. We specialize in home renovations in Raleigh NC, but don’t let that stop you from reaching out to us if you have further questions.
Do Your Research
Everything we’ve discussed so far in this home renovation guide has been focused inward on your own reasons and financial ability for starting a renovation project. Now we want to talk about the research you should do as you look for an interior designer and contractor.
Unless you’re a designer or contractor yourself, you will need to hire someone to help bring your ideas to life. Since they will be a big part of the renovation, you will want to take finding the right person seriously.
The first place to start is with your own network of friends, family, and neighbors. Asking for recommendations can be one of the easiest ways to find an interior designer you trust. Other places to look are Google and Yelp. You’ll find reviews and contact information for many different designers and contractors.
But don’t let it stop there. Take some time getting to know the person or team you might hire. Ask questions about budget, their past work, and even how many projects they are currently taking on. If they’re extremely busy it might be harder for your project to complete in the timeline you hope for. Asking questions is the only way you’ll get to know if you and your interior designer or contractor are the right fit.
Avoid These Mistakes
Maybe the best advice we can give you is what not to do when you’re renovating your house. Let the mistakes of others help you know how to make your project have less hassle and less worry.
By now it should be clear that having a plan and thinking through not just the materials but the reasons for renovation are vital in a successful home renovation.
Going over budget
Setting a budget is important, accounting for unexpected issues is necessary, but ultimately being honest about what you can afford will help you to feel more not less free as the project unfolds
Cheaper doesn’t equal better - designers / materials
Everybody loves a good deal, but cheaper does not always equal better. You may find some deals on materials, but do your research. Cheaper materials may cause problems later. Cheaper designers and contractors may not have the experience you need. We’re all about saving money, but make sure that you’re still getting a good product and not sacrificing quality.
Lured by trends
We love a good trend, but the more trendy you make your kitchen the sooner you’ll need to replace it with something more current or timeless. There’s nothing wrong with following trends, but if you want to be trendy, maybe choose accents or inexpensive items to account for their likely faster than average turnover.
Ordering just enough
In the same way that it is recommended to add 10-15% to your budget, order more than you need in materials. Materials can break and you may need extra for special corners in certain areas. You can alway return unopened boxes as needed.
Ready to Get Started?
As you can see, there is a lot to think about when preparing for a home renovation, but hopefully this home renovation guide was helpful for you. We’re specialists at home renovations in Raleigh NC, but even if you’re not in the area, reach out to us and let us help you make your home lavish. Stop by our studio or give us a call to learn more about how we can help! Happy renovating!