If you’ve visited the Renovator Store before, you’re probably pretty familiar with our love of smart and savvy renovations. What you probably didn’t know, is that today we’re partnering up with Australian Heritage Homes, a company that echoes our appreciation of a dollar saved and a home well-designed. But sometimes renovations can be overwhelming, especially if you don’t know where to start. Lucky for you, we’re here to be your partners in crime, and detail- what renovations make sense for you?
There are a couple of things to keep in mind- budget, timeline, time you plan to live in the home, and long-term value. Let’s dive in!
Ah, the lovely four-letter type word. The one that we shy away from discussing in budget, and sometimes, aren’t even honest about with ourselves. This is the biggest mistake you can make, especially in this day and age. We’re only getting more and more creative with the ways that we can stretch a dollar—by exploring new materials or new processes. The only thing we recommend is that you’re honest with yourself. If you can only afford to update one area of the home, then go for it! Just make sure that you don’t overstretch yourself or your wallet. Side effects include major stress, and potentially skipped meals.
This one is a surprise to some of our readers, but it’s just as valuable to think about. Let’s say you’ve got young ones, dozens of them, running in and out of your house every day. It’s a set-up that you can’t workaround. You probably don’t want to engage in a long-term remodel then, that renders the social areas of your space totally useless for the little ones. Again, this is an area where we can get creative, but be upfront with your contractor or designer about how quickly you need to turn a job around. They may push back, and that’s to be expected. They need to cover their behinds too. But if you’re honest from the get-go, then you can ensure that the conversations you have will be fruitful.
Time you plan to live in your home
Another shocker to many of our readers and valued customers. But if you think about it, it makes total sense. Do you plan on leaving your home in the next year or two? Probably not a good investment to spend thousands of dollars on a remodel then. However, if you’re purchasing a home that you plan to be in for five plus years, then we encourage you to explore potential remodels. They can then lead directly into our last topic…
The beauty of renovations? They can potentially add hundreds of thousands of dollars to the curbside appeal and intrinsic value of your home. You just need to be strategic about the way you think them through. Is your renovation going to appeal to the masses, or are you catering to a niche personal need? There is no harm and no foul with the latter, you’ll just want to be aware.
Questions? Comments? Give us a shout! We would love to hear from our readers. And make sure to check out Australian Heritage Homes site for more information.