While home renovation seems like a manageable and straightforward project, it still requires thorough planning. The planning allows you to estimate the renovation scale and the finances to complete it. Generally, it will take thousands of dollars to renovate your home. Nonetheless, it will prove one of the most rewarding investments you will make for your humble abode.
However, if you make mistakes during the renovation process, it can cost you way more than you might have anticipated. Therefore, you must be able to navigate through the renovation process without a hitch. Hence, we will discuss some of the most common blunders you should avoid at all costs.
Let’s have a look:
Buying low-grade materials
Using low-quality material is tempting if you have a limited budget and want to save some money during renovations. But using substandard material can put a dent in your home’s aesthetic appeal and cause many problems afterward. Therefore, keep this in mind when you cut corners and choose low-grade material to revamp your home.
We aren’t suggesting that you should not save money by buying affordable material. But you must be strategic in cutting costs. For starters, you can choose inexpensive renovation material alternatives for items that are not impacting your home’s design. Your home’s aesthetics will matter a lot down the road. Therefore, you can’t compromise on things such as flooring or cabinet structure. Apart from that, since smaller items are easily replaceable, you can use low-quality materials for them.
Using fibro sheeting
Fibro flat sheets are used for making ceilings and walls and are an affordable and durable renovation material. However, these sheets contain heavy amounts of asbestos. A fibrous silicate mineral that is abundantly found in construction materials. It causes cancer known as mesothelioma in the outer lining of organs, especially the lungs. Since fibro sheets have a high concentration of this material, exposure can leave one vulnerable to this cancer.
Suppose you or someone you know has fallen victim to inhaling asbestos and has developed mesothelioma. In that case, don’t worry, as there’s still hope out there. You can approach organizations that help mesothelioma victims determine their treatment options along with financial and healthcare benefits.
It is fatal cancer with a survival time of few months after the first signs of illness. There are medical procedures to slow down the growth of this cancer, but it doesn’t have a cure. Therefore, using any material that can expose you to asbestos is not worth the money you save.
Trying to do everything yourself
Doing some projects yourself is a great way to save money on your renovation budget. Rightly so, there are some projects such as painting, applying wallpaper, or staining the wood, which you can do yourself easily. But some tasks are better left under the care of professionals.
For example, when it comes to larger projects such as making structural changes to your home, plumbing, or outdoor painting, they’re best left to professionals. The reason is that these jobs require special tools, and instead of spending the extra money to buy these tools, you can have professionals do the task for you. Similarly, there are various unique methods to carry out specific tasks, so to avoid ruining your humble abode, hire experts.
Apart from that, there are potential dangers involving these tasks. If you get anything wrong, you will have to spend additional money to fix that mistake.
Picking the wrong architectural elements
The most basic architectural elements that will define the theme of your home during renovations are the doors, floors, and windows. You cannot easily replace these elements as they take a lot of investment and time. Therefore, you must invest in quality and durability. When choosing these elements, you must ensure that they complement your interior and exterior designs.
You must also ensure that you utilize the available space correctly and use natural lights. In addition, these elements should have proper functions and easy access. Finally, determine whether they’re adding to the functionality of your house or just bumping up your monthly bills. It will allow you to decide whether or not you need to splurge on specific architectural elements or keep it to the minimum.
Underestimating the renovation budget
When planning for renovation, you must follow a particular equation that can help you set the correct budget for your project. The equation consists of two factors. The first is the area you are remodeling, and the second is the overall market value of your home. When you plan to renovate, you must consider that renovation will increase your home’s market value. But not so much that it exceeds the value of your neighborhood.
Therefore, you must spend 10-15% of your home’s value on your renovation project. Your real estate agent, builder, or designer can help you set the budget and make the best out of it. But if you set out a large-scale renovation project with no regard to the budget, you will end up spending more money, facing loss in the long run.
Similarly, underestimating your renovation budget can make you resort to DIY and using cheap material. Therefore, before you start the project, always estimate the budget and plan accordingly.
Renovating the house is one of the best investments one can make. However, blunders during the renovation project can cost you a lot of money and result in losses down the road. Hence, before starting the renovation, plan and consider all the essential elements.
You must consider the finances, the design, the professionals you need to hire, the tools and elements you need, etc. Determine which areas require expert help and which you can manage yourself. In short, if you spend a lot of time planning every aspect of your home renovation project, the process will go smoothly, and you will get the best results.