5 Things to Expect When Undertaking a Home Renovation
Whether you’re looking to do a full renovation of your home or whether you simply want to make a few key upgrades to your kitchen, undertaking any type of home renovation requires careful planning. In order to pull off the renovation on schedule and on budget, it’s important to know what to realistically expect. Here are the five things to know before beginning your home renovation.
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1. Decide Whether You’ll Want a Home Warranty Post-Renovation
Before you begin renovations, consider the total value of the upgrades you plan to make and whether you want to protect your investment with a home warranty. For example, if you want to be covered should new appliances or other home systems break down, having a home warranty can be a lifesaver.
Before making your decision, get your home professionally inspected and check for any potential red flags to decide whether a home warranty is worth the cost. If there are red flags in the report, research whether your current appliances have any existing warranties, and if they do, what those warranties will or won’t cover.
2. Invest in Renovations That Are Likely To Bring a Strong Return on Investment
According to some researchers, home improvements can frequently increase the value of your house. Before settling on your renovation plan, vet your contractors and choose your upgrades wisely, with a possible return on investment in mind. For example, some popular upgrades that could easily boost your home’s value include the following:
- Energy-efficient features
- High-quality lighting
- Sleek, modern interior design
- Attractive flooring, such as natural wood floors
- A finished basement
- A new roof
- A new HVAC system
3. Design a Convenient and Functional Home Office Space
If you’re hoping to overhaul your whole home to make it more functional and livable, having a home office can be a helpful addition. When picking a design for your home office, make sure to create a convenient and highly usable space, complete with the features you regularly use. These could include built-in shelves, an extra-wide built-in desk, space for a printer and fax machine, and bright overhead lighting.
When it comes time to choose the location for your home office, try to find a dedicated space. Placing your workspace in your living room or bedroom can lead to unhelpful distractions. Additionally, prioritize choosing a spot that gets plenty of natural light, which can increase your productivity levels.
4. Focus on Upgrading Frequently Used Areas, Including the Kitchen and Basement
If you have a limited renovation budget, focus on upgrading the most frequently used parts of your home, such as the kitchen or your basement. You may want to:
- Finish an unfinished basement
- Add an extra bedroom or bathroom
- Replace old kitchen appliances
- Upgrade the kitchen cabinets or countertops
5. Do Your Research if You’re Planning a Home Extension or Addition
Lastly, if your renovation plans include a major undertaking such as a home extension or addition, do your research carefully. These upgrades can be costly and time-consuming, so you’ll want to lay out a clear timetable with your contractors. Plan your schedule well if you wish to:
- Build another room over the garage
- Do an addition in the back to use as a sunroom
- Build a deck in the backyard
When it’s time to renovate your home, preparation is the key to smooth sailing. Getting a home warranty, carefully designing your home office, vetting your contractors, and other steps can help ensure you complete the renovation on time and achieve the dream home look you’ve been hoping for.