Undertaking a home renovation – regardless of the scale or scope – is a lot harder than you might think. Apart from being a time-consuming process, it can also be an expensive endeavour. And it is fairly common for homeowners to spend more than they initially expected on the project. Beyond the price and time that it requires, there’s also the complex task of taking charge of and directing your chosen workforce which could include contractors, consultants, and designers for roles that you may lack the necessary knowledge and expertise.
However, if you can smoothly navigate through the renovation process, the project can lead to very desirable results. You may even end up spending a lot less than you expect. With that in mind, here are a few of the most common mistakes that you must avoid when tackling a home renovation.
1. Not budgeting
Home renovations aren’t cheap. Even minor-scale projects can cost a significant amount of money. If you don’t budget for it, you’ll risk spending more than you can afford. So before you begin, make sure that you come up with a number that you can safely and willingly allocate for your renovation. Don’t forget to add at least twenty per cent to the estimate to serve as your financial cushion too. It is a rare occurrence for these endeavours to come under the estimated number, after all. And there’s a good chance that you’ll end up delaying the project if you lack the funds to cover any unexpected fees.
2. Sticking stubbornly to the plan
There’s no denying that having a plan is critical to the success of a home renovation. However, you must leave enough room in it for any changes and adjustments. After all, these projects don’t always go as expected. And if you are unable to adapt to them, there’s a chance that the renovation will take a lot longer to complete. So don’t stubbornly stick to the scheme or outline; be flexible instead. It will help you keep everything going as efficiently and productively as possible.
3. Overlooking alternatives
It is a general rule of thumb always to consider all options and alternatives before committing to a particular course of action. If you don’t, you’ll miss opportunities to save or complete the home renovation much sooner than you would have otherwise. For instance, if your vision for the bedroom area requires more square footage, choosing bespoke bedroom furniture will be a much more economical approach than adding more physical space to the area. Another example is considering second-hand furniture over its newer counterparts because it will allow you to drive down the overall cost of the project.
A home renovation can be as stressful as it is exciting. And if you want to avoid stress, you’ll need to steer clear of the errors and mishaps listed above. Not only will you open yourself to more opportunities to save money on your renovation but also improve the level of productivity of the project.
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