Refurbishing your living space could be an exciting and fun exercise because only when you instill your unique creativity to your interior design, a house would become a home. However, home renovation could prove to be quite challenging since your budget could be spiraling out of hand. Home renovation mistakes could occur so it is best to do ample research and learn how to avoid those costly mistakes and prevent your home improvement project from getting derailed.
As per https://www.forbes.com, the most common mistake that homeowners make while renovating their house is solely considering their unique choice, taste, preferences, and needs. They would be choosing renovation ideas that are not adding any value to the property from the perspective of the future homeowner. Current homeowners who may sell off their property in the future and are refurbishing the house to boost its resale value must realize that anything that is excessively stylized or personalized would turn off your future buyers particularly when it becomes necessary for them to do an extra renovation. Let us explore some remodeling mistakes to avoid.
Home Renovation Mistakes to Avoid
Mistake: Employing the Services of the Wrong Contractor
Identifying the right contractor involves a dedicated process. On many occasions, you could be tempted to opt for the very first home décor and interior design contractor that comes your way. However, if you make the wrong choice, you would be heading towards serious consequences in the future.
You must put in your 100 percent and try to identify and compare a few interior design contractors so that you could choose the perfect one for your unique requirements. It would be a wise idea to gather a minimum of three estimates and after comparative analysis; you could choose the best one that offers you the best deal for your home improvement project. Moreover, you must examine references, go through online customer reviews, and ensure that the contractor you are ultimately hiring is insured and bonded.
You must choose a home renovation contractor with whom you seem to be very comfortable. You must choose someone who is readily available and could be contacted easily. He must respond to your queries in such a way that makes you feel comfortable and relaxed about the entire exercise. He must be willing to sign an agreement or contract.
Mistake: Opting For Aesthetics over Function
Everybody desires to have a bathroom or kitchen that appears to be sparkling and beautiful as in a showroom. However, you must strike a balance between function and aesthetics when it comes to remodeling your home. If you focus exclusively on making your home look stunning but you ignore considering the functional aspect, you would need to renovate again very soon.
You must put more emphasis on function even though it implies sacrificing some minute aesthetic details. Think carefully about what precisely you are looking for. What are the things that appeal to you presently and what different designs you are aspiring for? Then accordingly incorporate those changes into your home renovation plan.
Mistake: Not Taking the Home Renovation Permit
Getting permits could involve expenses that should be adding additional pressure to your already tight budget. Moreover, inspections conducted by the local bodies or authorities could not only hamper the renovation plans, but they may also bring the work to a complete halt. We know that getting permits could be extremely painstaking but you simply cannot ignore or undermine the importance of getting the necessary permits in place before starting your home remodeling project. You must understand the importance of having the necessary permits while selling off your house in the future. Remember if the buyer of your house gets injured due to unpermitted workmanship, there is a likelihood of you getting sued.
Avoid the home renovation mistakes discussed above to make your project a grand success. Also, explore some expert home renovation tips that would go a long way in creating awe-inspiring home décor designs.
Home Renovation Tips that You Must
Here are some excellent home décor and renovation ideas that could easily cut your expenses by half.
Hire an Expert Professional
It is a wise move to employ the services of a qualified and experienced interior designer or architect for planning and executing a home renovation project. You could obtain numerous design and safety insights by consulting these professionals. If you are having certain budgetary constraints, you must at least, spend on a one-time consultation to clear all your doubts and understand the fundamentals of the home remodeling process. You must necessarily seek expert guidance and advice for a successful home renovation project.
Choose the Perfect Contractor
An experienced and highly-skilled contractor could assist you in bringing the overall home remodeling costs down dramatically. You must choose a reputed and experienced contractor who has goodwill in the market and understands your unique requirements. A contractor with an extensive wealth of experience could accurately estimate material requirements. This would go a long way in eliminating wastage and help in sourcing premium quality materials at a bargain.
Consider Repurposing the Old
If you scrutinize meticulously, you would come across numerous old items in your home which could be repurposed or refurbished. You could convert old cupboards and doors into a sophisticated new coffee table or corner rack. A few tweaks and modifications could give a new lease of life to various things in your house. Repurposing could prove to be pretty economical and the only expenses involved would be polishing or painting and labor costs.
Do Not Unnecessarily Break Things That Are in Perfect Working Condition
In your frenzy to make your home stand out from the rest, you tend to overdo and go overboard. Remember functionality must be given top priority and you must strike a balance between functionality and aesthetics in your home remodeling plans. If the electrical connections and wiring are working perfectly, you must avoid dismantling and damaging the false ceiling just for doing electrical rewiring that would be costing you a fortune. Simply change or add wall mounts or lamps for enhancing the overall aesthetic ambiance.
While remodeling your home involves a huge and dedicated effort, the above-discussed tips could help you in having a strong grip over your expenses and staying very much within your means. But in the case, you have already overshot your budget and have incurred some home renovation debts; you could seek professional assistance from reputed debt relief companies such as NationaldebtRelief.com. Moreover, you could apply for a home improvement loan.
Home Improvement Loan
This is perhaps the easiest way to get finances for your remodeling project. It can be a conventional loan or a 203(k) loan backed by the FHA that is directly designed for homeowners. The loans are independent of your mortgage and have a completely different set of terms. As a consequence, they also need you to go through a separate approval process, meaning your credit score and present debt situation will factor into whether you can secure one of these.
Home improvement loans are pretty great for upgrades and repairs that ultimately boost the market value of your property. A well-planned makeover might even pay for itself in the long run, so a loan method that lets you get on with it as soon as possible is preferable to sitting around and watching things get worse until you have the money to do what you wanted, by which time the process might become costlier due to extra damages incurred.
The viability and overall effect of a home improvement loan are greatly dependent on the condition of the economy at any given time. A fluctuating or poor stretch for the economy would spell higher rates of interest, meaning you would have to shell out more than you would eventually make from a resale. And as with any redecoration process, poor work done by contractors might pull down the property value, thus hurting you fiscally in the long run. Do your research and seek out any help that will let you minimize the risk of such a project.
Before you look for an appropriate home improvement loan, putting your home renovation project into the correct perspective is of utmost importance. You know that you could go on adding value to your property by putting in more funds but you need to watch out. Do not go overboard with your home remodeling. Make sure that you are not making it difficult to sell off your home in the future.
About Michelle Joe: Michelle Joe is a blogger by choice. She loves to discover the world around her. She likes to share her discoveries, experiences, and express herself through her blogs. You can find her on Twitter, LinkedIn, Facebook