Home Renovation Tips
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by Jamohl DeWald
- May 24, 2023
- Real Estate, Real Estate Investment, Remodel/Renovation
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Knowing and remembering the reason you’re renovating will help you stay motivated during your project. A good rule of thumb for budgeting is taking your budget and adding 10-15%. That way you have a built-in cushion if something comes up. Finalizing your project plans is a great way to stay on time and on budget.
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Home renovations can be exciting but also challenging projects. Here are some tips to help you navigate the process and achieve successful results:
- Plan and set a budget: Start by outlining your goals and priorities for the renovation. Determine how much you can afford to spend and create a realistic budget. Consider allocating funds for unexpected expenses that may arise during the project.
- Research and gather ideas: Explore various design styles, materials, and layouts to gather inspiration. Look for home improvement magazines, online platforms, and social media for ideas.
- Hire professionals when needed: For complex renovations or projects involving structural changes, it’s crucial to consult professionals such as architects, contractors, or interior designers. They can provide expertise, guidance, and ensure the work is done correctly.
- Obtain necessary permits: Depending on the scope of your renovation, you may need to obtain permits from your local authorities. Check the requirements and regulations in your area to avoid any legal issues.
- Prioritize functional improvements: While aesthetics are important, focus on functional improvements that will enhance your daily living experience. Consider aspects like storage, lighting, energy efficiency, and layout optimization.
- Choose quality materials: Invest in high-quality materials that will withstand the test of time. This applies to flooring, fixtures, appliances, and any other elements you include in your renovation. Quality materials may be more expensive initially but can save you money in the long run.
- Communicate clearly with contractors: Maintain open and clear communication with the contractors and workers involved in your renovation. Clearly convey your expectations, ask questions, and address any concerns promptly. Regularly monitor the progress of the project to ensure it aligns with your vision.
- Prepare for temporary disruptions: Renovations can be messy and disruptive, so be prepared for temporary inconveniences.
- Keep a contingency fund: Set aside an additional amount of money as a contingency fund for unexpected expenses or changes that may arise during the renovation. It’s wise to have some financial cushion to handle unforeseen circumstances.
Remember, each renovation project is unique, and these tips provide a general guideline. Tailor them to your specific needs and consult professionals for advice when necessary.

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