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Popular Renovation Blunders And Tips To Avoid Them Before You List Your Property
Buying Cheap Products/ Materials
Ever heard the sayng, “You get what you pay for”?? You will if you choose inexpensive materials to complete your renovation. You are more likely to run into problems such as wood warping, rough saw cuts, products that are inefficient energy-wise and a shoddy look to your finished project.
Although it may seem a splurge at the time, you should always go with the highest quality materials you can afford. The small additional expense will be worth it in the long run. Be sure to buy extra materials, especially flooring, to allow for damaged items, incorrect cuts, or future repair work. A good rule of thumb is to add 10-15% contingencies due to waste.
Having a Narrow Budget
Everyone wants to save money, however if you cut too many corners, the end result will fall short of what you envisioned. Take the time to price out materials, appliances, fixtures and flooring before you make your budget so you have a realistic idea about what the bottom line will be.
Do not forget to add 20 percent for unforeseen contingencies. Knowing you have some wiggle room will lower your stress level and make it easier if/when you have to make unexpected decisions. Also, as long as you stay within your budget boundaries, you may find out you have extra funds at the end of the project for decor or an additional upgrade.
Skipping Prep Work
Prep work is a must. Skipping the prep work can result in more time, money, and work for you later. Take the time to tape off areas before painting. Use drop cloths to protect your furniture. Set up a makeshift food area before you start the kitchen demolition. Bring new flooring into the house to acclimate before you plan to lay it.
Taking Inaccurate Measurements
There will likely be many important measurements you take during your renovation project, but none is more important than kitchen cabinets. If you are getting custom cabinets made, one wrong measurement can double your costs.
Hiring a professional to measure will cost a little up front but can help with additional cost down the road. When it comes to kitchens, it is better to choose your appliances first, then arrange everything else around them.
Trying to renovate your house to look like an episode of HGTV may not bring the return on investment you want. Trends come and go, so it is a much better choice to select timeless designs instead.
Trendy choices could hurt your resale value if they look dated or do not match the style of your home. Talk to your local interior design professional first. They are in tune with what is hot and what is not in your city.
Selecting Materials That Are Not Green
You want your home renovation to make sense from a sustainability and energy efficiency standpoint. Choose eco-friendly materials where you can, and be sure to select efficient appliance if you plan to replace any. The cost may be more initially, but so-called green products will stand the test of time and save you money. Home buyers like eco-friendly options that will save them on future utility costs.
Disregarding Additional Storage Opportunities
Depending on your project, it is typically a smart move to add storage or convenience features if possible. For example, in a kitchen renovation, you may have a corner where a lazy susan could be added, a large drawer that could be subdivided for addition storage, or a nook or corner could be put to good use with a slide-out drawer.
Make use of that weird space under that stairs for a closet or bookshelf. Even utility closets can be value rich with shelving or storage bins to keep items in. Adding storage options is typically a good idea and will make your life easier and could even slightly boost your home’s resale value.
One of the most common errors in home renovation is going overboard on the design and materials. Compare the changes you want to make to your property with comparable properties in your neighborhood first. If your renovation plans put your home too far outside the norm for your neighborhood, it is highly unlikely that you will be able to recoup your renovation costs when you sell the house.
For example, turning a garage into another bedroom may actually decrease the value of your home if you fail to do your homework.
Angela Schofield is a licensed Realtor here to help you sell your home and/or find the one of your dreams. As a 15 year resident of the Montgomery/Pike Road area, she is personally vested in the comm....
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