Deciding to take on a renovation project is something that should not be done lightly. Even a minor renovation project comes with its own unique set of challenges. Although the outcome may turn out to be extremely rewarding renovations are often expensive and tend to take over your life. However, one of the ways you can ensure that your renovation runs as smoothly as possible is to be as organised as possible. So, to help you with that we have produced a list of five things you need to consider before diving headfirst into a major renovation project.
Preparation is Key
Any renovation is a daunting prospect so the creation of a detailed schedule of what is required will help massively. Make a list of what is required for each area of the property. For example, if you are doing renovations to the exterior of your property or roof will you need scaffolding. Whether you’re looking for scaffolding in Edinbrugh or London, it doesn’t matter, as in the UK its typical and naturally the safest route when dealing with the roof of your property. Assign timeframes for each job and try to avoid jobs overlapping and ensure you have any contractors booked in advance and tied down to times and dates.
Without a detailed plan of action, any renovation can turn into a very stressful experience. It is commonplace for deadlines to be missed, however, it is much better to make a schedule and wherever possible stick to it.
Budget for Additional Costs
It is rare for a home renovation project to go exactly to plan. You can save yourself lots of time and money by pre-empting possible pitfalls. For example, if you are renovating an old property it is more than likely it will require a full rewire and new central heating among other things.
If things don’t run to time costs will invariably escalate so always try and have a contingency fund for unavoidable issues. Hopefully, you won’t have to use it but it’s better to be prepared than having to delay the project while you try to save the extra money.
Write Everything Down
Irrespective of whether it is measurements for each space, who is responsible for individual jobs or ongoing expenditure try and keep detailed records. Even if you keep a record in the notes on your phone and carry it with you. Doing this will help you avoid confusion and potential mishaps along the way.
What is the Purpose of your Renovation
People renovate for several different reasons, whether it is to increase the value of your own home, start a rental portfolio or to make a profit on the resale market everyone has an ultimate goal in mind. Whatever the reason it is important you tailor the renovation to ensure you achieve that goal. For example, a property for the rental market will not require the same level of finish as say your own home or a house for the sales market. By making the correct decision you can ensure you maximise your profit.
Be Realistic
Nothing ever goes perfectly, and it is commonplace for renovation deadlines to be extended. The fact is you can’t rely on everyone all the time, and there is a good chance you will go over budget if delays occur. However, by remaining realistic with your expectations and vision there is every chance your project will come to a successful conclusion.
