With the abundance of home renovation shows that make it seem like it’s all a piece of cake, it’s easy to be emboldened to take up renovation yourself. Although it is a worthwhile process if you want to make your home more comfortable, or if you plan on putting your property on the market – admittedly it’s not as smooth as 30-minute shows portray.
Before you get started, let us fill you in with some of our top 5 home renovation mistakes to avoid so you can maximise the value of your property.
Mistake #1: Forgetting to keep an eye on your property’s value
As we mentioned, it’s easy to get excited about renovating your property. But don’t make the mistake of sinking more money into the project than you might make back when an if you do decide to sell it. Consider how much your house costs before renovation and use this as a guide for making a budget.
Mistake #2: Buying flooring, furniture, and decorations too ahead of time
We get that interior design is one of the most enjoyable aspects of renovating your house. That said, it’s good practice to wait until you’re far enough along the process that you’re able to get the proper measurements so that you can see if you’re buying the right amount and sizes.
Mistake #3: Scrimping on materials
Being economical is very different from being unnecessarily cheap. One of our favourite home renovation tips is to make sure you’re buying long-lasting, high-quality building materials when you’re renovating. Choosing poorly made items on the basis of a lower cost can run the risk of having to replace them sooner, and more often. Worst case scenario is that these may even cause safety issues.
Mistake #4: Not considering the layout
When you’re making plans for remodelling beyond the aesthetic touch-ups, one thing you should also keep in mind is how the area will be used. This is especially true when it comes to kitchen renovations. Kitchen design experts will remind you about the “work triangle,” a principle that focuses on the relationship between the stove, the refrigerator, and the sink. Following its logic will make the kitchen more efficient.
Aside from that, there are also some little layout details that should be considered. For instance, do you have enough electrical outlets in the space you’re working on? Are they in the right places or would you eventually need so many extension cords? Do you have a lighting plan and do you think it’s sufficient for your requirements? (Bonus tip: aside from overhead lighting, you may also want to add mood lighting and use dimmable bulbs.)
Mistake #5: Working without a permit
Before rushing into a project, make sure you have all the permits you need even if you’re just renovating and not building from scratch. If you’re working with a contractor, they’re familiar enough with the permits required for doing construction work in your area and will be able to procure these for you. However, just the same, it’s best to do your due diligence and inquire with local and state authorities as to what you might need to get an updated list of requirements.
Building permits are required to ensure the safety of construction process, as well as the structure and the people who will be using the structure. Construction projects need to comply the Building Code of Australia, The Building Act 1993, and Building Regulations 2018; permits are given when plans are approved and satisfy the requirements.
Typically, a building permit would cost around $500 to $2000 depending on the scope of the project and may also vary according to where you’re located, among other things. Consider this cost when you’re planning a renovation. As a warning, commencing construction without a permit may lead to very significant penalty fines up to $75,000 or more depending on the project. Besides, the lack of a permit means your plan and site won’t be inspected for safety standards compliance, so you may potentially be building an unsafe, risky structure.
Know how your renovations may impact your property’s prices
Have a renovated property? Online property estimates may not reflect the true value of your home. Talk to your local Upside real estate expert to get an accurate reflection of what your property is worth in todays market. Book a free, no-obligation appraisal today!