Valuable tips for renovating your home
Home renovations can improve your lifestyle, add to your home’s value and provide an enormous sense of satisfaction. But there are also plenty of pitfalls to avoid in the renovation process.
Each year thousands of Australian home owners undertake successful renovation projects. Thinking about what you want from your renovations will ensure the end result meets your goals.
Knowing the sorts of expenses involved in a home renovation is essential for drafting a realistic budget.
There are plenty of smaller costs involved in a home renovation – be sure to include these in your budget.
Taking a do-it-yourself approach to home renovations has the potential to save on labour costs but there are also plenty of downsides.
The biggest risk many renovators face is overcapitalising. This occurs when the cost of your renovations exceed the market value they add to the property.