Insufficient Research
Renovating a property can be a rewarding experience, but it requires careful planning and due diligence. It’s easy to get caught up in the excitement of transforming your home into your dream haven, but if you don’t plan ahead, your renovations could quickly become a costly and stressful nightmare. In this article, we’ll discuss some of the major pitfalls to avoid when renovating a property.
Before you undertake any renovation work, it’s essential to have a clear understanding of what needs to be done and how much it will cost. Most renovations involve planning permission from the local council, so familiarise yourself with local building regulations and any restrictions imposed on the use of the site. Researching materials and products is also important – make sure you investigate the costs and availability of everything from architect fees to the latest flooring options.
Ignoring Rules and Regulations
Just because you’ve thoroughly researched your plans doesn’t mean you won’t run into red tape. Make sure you understand all the legal requirements of your project, including obtaining planning permission or other consents where necessary. Ignoring such rules and regulations will delay the project, and could even result in hefty fines. You should also be aware of any relevant energy efficiency and environmental legislation, as these might affect your choice of materials or even your building method.
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Get a QuoteUnderestimate Costs
When it comes to costings, many inexperienced renovators are guilty of underestimating. Before you start the project, add up all the expected costs and then add 10 per cent on top for unforeseen issues. This will help you avoid the nasty surprise of unexpected bills, especially if the project takes longer than anticipated. Don’t forget to factor in professional fees, such as architect, engineer and surveyor fees.
Make Negative Value Improvements
It may be tempting to go all out and add luxury features to your home, but if you’re hoping to recoup the costs when you come to sell, it’s important to focus on improvements that will add value. Don’t go overboard with expensive features, as they may not appeal to potential buyers; instead, concentrate on improvements such as insulation, energy-efficiency measures and general repairs.
Not Listen to Your Builder’s Advice
If you’ve employed a builder, listen to their advice and don’t be tempted to change your mind halfway through the project. Once the project is underway, it’s possible that further problems or issues will be discovered which need to be addressed in order for the renovation to be successful. It’s best to stick to the original plan and budget as much as possible, to avoid spiralling costs and delays.
By familiarising yourself with common pitfalls and taking the necessary precautions, you can ensure your property renovation goes as smoothly as possible. By avoiding unexpected costs and delays, you can save yourself time, money and stress – and you’ll soon be able to enjoy your brand-new home.
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