With the recent spike in renovation programs on television, home renovation is all the rage at the moment. Whether it’s a small revamp or complete overhaul, deciding to renovate your home or investment property is an exciting time. But, that isn’t to say that this process is completely painless and without risk. Before taking the plunge, it’s important to do your research and ensure that your project will be worth your time and money. That is why, we have compiled a list of 7 renovation pitfalls to consider and how you can avoid them.
Most people assume that renovating their pre-existing property will save them money. However, this is not always the case. Sometimes, the renovation process can uncover issues that were lurking underneath the surface. For instance, there could be unseen structural problems that are hidden behind Gyprock or floor coverings. These issues could either suggest poor workmanship or may even reveal the presence of termites. This is why, when budgeting, it’s essential to factor in costs for unseen or unpredicted circumstances, ensuring that any surprise issues won’t completely overthrow the process.
When renovating, the costs can easily get out of hand. While it’s okay to splurge on nice fittings and furnishings, it’s important to know where the biggest costs lie. At the end of the day, labour will be the most expensive area in this process. Before you assign a cost to each area of the renovation, it might be better to outline your intentions. For instance, if you are looking to renovate your kitchen with new powerpoints and electrical fittings, it may be beneficial to get quotes from a number of contractors. This way, you will not only be able to compare costs but also understand the potential costs involved in this process.
In New South Wales, renovations are defined by three categories, including: cosmetic, minor and major. Each renovation type requires its own approval, so it’s crucial that you think about the type of renovation work you are planning.
For any cosmetic alternations such as painting and laying carpet, you don’t require approvals. However, if any damage occurs as a result of these changes, you may be responsible. Alternatively, if you are planning on changing the structure or shape of your property, you will most likely require an approval. If you don’t know whether your renovation will comply with regulation, you should visit the NSW Planning Portal.
Although the thought of obtaining the appropriate approvals may seem like a harrowing ordeal, this step will help save you from potential issues down the line. Implementing plans without appropriate approval is a risky ordeal, as you may be liable for any issues that result from unapproved alterations.
For properties built before the 1980s, it’s highly likely that asbestos is present within the building. This material may have been used in the siding, insulation, among other places. Inhalation of asbestos products can create harmful and potentially life-threatening affects to your body. As such, before you rush into your renovation project it’s vital that you determine whether asbestos is present on the property and if so, how to enact the proper procedures to prioritise everyone’s safety.
In the end, cutting corners doesn’t always equate to cutting costs. Taking the easy way out is great for a quick fix, but in the long term, not so much. Cutting corners can result in costly repairs and maintenance, further down the line.
To ensure you end up with your desired result, hiring the right construction team is essential. In this respect, it pays to do your homework. Spend some time gathering quotes and reading reviews from previous clients to ensure you end up with a contractor you can trust. Also, it’s good idea to have a look at the folio of your prospective contractor to ensure that you are choosing people who not only match your aesthetic but can also execute your vision. Therefore, to ensure you nail your renovation project, hire qualified and licensed contractors who belong to industry associations or shop around for client testimonials.
Sometimes, when it comes to any building projects, additions and delays are unavoidable. For instance, poor conditions could delay construction of sub-flooring areas, so consider scheduling your build during dryer periods in the year. Otherwise, if you feel that your mental image of the renovation does not the reality then it’s important to convey your concerns to the builder as soon as you can. Undoubtedly, making changes during the building process will push back the completion date. As such, have a discussion with your builder to determine how long certain changes will take to implement and consider whether these changes are essential to your renovation.
At the moment, DIY renovation reality shows are very trendy. As these programs depict inexperienced people carrying out major renovation projects, it’s easy to assume that you can as well. Before viewing DIY as a desirable option, it’s important to access your own skills and capabilities. If professionals’ abilities far surpass your own, then it’s probably best to keep the renovation in the hands of someone experienced. While taking matters into your own hands may seem like a cost-effective solution, poor workmanship or incorrect practices can devalue and affect the resale of your property.
Renovations to your property have the potential to transform a space, but to ensure a desirable outcome it pays to do your research. Before jumping into any project, it’s wise to contact a property inspector who will evaluate the condition of your property and uncover any underlying issues with the property.