What do you need to ask yourself before setting out to renovate your property into your dream home? Are you aiming for a modern look, or would you prefer a period feel? If you’re extending an existing property, do you want it to blend in or look like a modern addition? Consider how you will go about the renovation, what you are aiming for and why. If you have a clear idea of what you want, you’re more likely to achieve it.
1. What Are You Trying To Achieve?
Before Renovating, it’s important to know why you’re undertaking the process. Are you trying to increase your property’s value? Do you need an extra living-room space? Are you finally getting your dream kitchen? You can make a list of the items on your dream list, and work out what other items you may need to compromise on. Think about how your home needs could change in the future and how long you plan on living in the property.
2. How Can You Increase Your Property’s Value?
Many renovations are motivated by the desire to increase a property’s value, particularly if you are working towards selling the home. If this is the case, it’s best to speak to a real estate agent before making any changes. If you’re considering adding two or more bedrooms, think carefully about whether you’ll be over capitalising. A real estate agent will be able to recommend what sort of properties sell best in your area and how your home could be improved from a seller’s perspective. For your property in Tewantin, you could consider the services of an experienced real estate agent, Rob Anderson for advice on renovation to enhance the value of the property.
3. Do You Need Council Approval?
In most cases where there is an extension of a property being built, and also for some renovations, the home owner will need to obtain a Development Application(DA). These can be organised with the council, state panning authority or a private certifier, and in some cases you can fast-track them. Before organising any materials or booking tradesmen, check that the work will be approved.
4. What Can You Afford?
Calculate your budget and get quotes in writing. It’s usually best to get several quotes from different suppliers, and ensure they’ve attended and viewed the property in order to avoid any unexpected changes to the cost. Check what is and isn’t included in the quote. Particularly with older properties, beginning renovation can uncover structural issues which then need to be addressed. Allow some extra budget to deal with the unexpected. Unforeseen delays, hidden costs and shoddy work can all happen during a renovation. Build a 15-20 per cent buffer into your budget to cover unexpected costs. You can expect to pay around 45-50% of the cost of materials and approximately 30-35% for labour. Allow for an extra 20-25% on fees, taxes, GST and levies. There are usually additional costs involved such as storage and council permits.
5. Do You Need To Call In The Experts?
Decide whether you’ll want to employ the services of a draftsman or interior decorator. A draftsman can save you time and money by completing plans which comply with planning and building renovations the first time around. If you need help with the design of your home or are working with a challenging building, architects can save time and money. You may be able to skip this step if your builder provides a project management service when you hire them. An interior decorator can be expensive, but employing someone to search for low cost materials saves you time. Weigh up your goals, skills and budget to decide which route works best for your individual project.
A property renovation is a massive undertaking that demands a lot of attention to the little details. Taking on a renovation with a clear plan will ensure you’ve set yourself up properly to get your dream house, saving you time, stress and money down the line. For renovating your home in Tewantin, it is a good idea to be clear about these factors and proceed in a systematic manner.
Information from https://www.homestolove.com.au/the-10-biggest-renovation-questions-to-consider-before-renovating-16786
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