Planning A Renovation

Not everyone is able to afford a fully finished or brand new home.  Sometimes purchasing a little “fixer upper” is what suits your budget.  There is nothing wrong with doing this as long as you are aware of the jobs that will need to be done in order to upgrade your home.

 

As your sales representatives, we can direct you to the proper professionals to inspect your home for possible problems and repairs. Whether you use professionals for your actual renovations or do them yourself, there are some things you will need  to consider.

  1. Don’t underestimate the cost of renovations-Make sure you do research to see what the cost is for the renovation you are planning.  One of the biggest mistakes people make is underestimating what a project will cost.  If you are doing the renovations yourself, there will still be times when a professional is needed. (ie. licensed electrical, plumbing and gas experts).  Be sure to include the fees for these services into your calculations.
  2. Don’t Over-Renovate-If you are looking to increase the value of your home, we can help you determine where the best places to focus your attention are. 
  3. Set A Renovation Budget-When dealing with contractors, make sure you get quotes and ask what their contract covers. Ask for references or use someone who has done excellent work for someone you know.
  4. Figure Out How You Will Pay-Determine whether you will be using money that has been saved for this purpose or some other means.
  5. Always plan on additional costs-When doing a home renovation there will most often be additional costs that you don’t plan on.  It isn’t unusual to start a project and find additional damage or work that needs to be done.

Finally, make sure that any inspections that are necessary after renovations are done are carried out.  The safety of your home is the most important thing.  Remember, we are always here to point you in the right direction and MAKE A POSITIVE MOVE…

 

Sheila & Shirleen

 

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Home Discovery Team

Home Discovery Team

CENTURY 21 Heritage House Ltd., Brokerage*
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