There are numerous ways to maintain your home, from small DIY projects to large-scale renovations that require tearing down existing structures. Surprisingly, homeowners in the country typically spend approximately $15,000 on these renovation projects, so it’s natural to want to get it right. So, if you’re set to embark on a home renovation journey, and wish to save time and money, here are six common mistakes you should avoid.
Under-budgeting
Setting a budget is one of the first steps homeowners should take when considering a renovation project. Since these plans often cost more than one estimate, adding a 10-20% safety net into the budget is essential to help cover unexpected costs.
Buying cheap materials
Cheap materials tend to fall apart sooner. Invest in durable, high-quality materials that need not be replaced within a few years.
Measuring incorrectly
This is particularly important for homeowners carrying out DIY renovation projects. Incorrect measurements can compromise the integrity and overall quality of one’s project. Stick to the adage “measure twice, but cut once” – this will help reduce delays and save money.
Failing to check neighborhood guidelines
Many homes are governed by guidelines laid down by the neighborhood association or historical commission regulations. These generally apply to exterior home elements. When planning a home renovation project, ensure these are considered, and get approvals where required. Failing to do so may result in increased costs.
Ignoring the plan
Before beginning a home improvement project, it is essential to have a plan in place. This plan should include details of every product, including its price and finish. Working with this in hand can help reduce unexpected costs. If a contractor claims they do not work with a formalized plan of action, do not work with them!
Buying furniture or furnishings too soon
Wait to make these purchases until the project plans are finalized. This will help ensure that all measurements and quantities are accurate. When placing an order, remember to consider all the project elements, such as the floor, wall colors, lighting, etc., to ensure everything works well together.
Remember to “plan for the worst, but hope for the best” when working on a home renovation project. This will help set realistic expectations and minimize stress levels for a smoother experience.