How Do You Major A Home Renovation?

When it comes to home renovations, there are three things you can’t avoid: money, time and stress. 

The first two are unavoidable; the last one is completely up to you. By following these tips, we hope you’ll be able to enjoy your time in your new home even more than before:

Tips for Designing a Home Renovation to Increase Home Value
Takeaways
Key factors to consider when renovating a home
The importance of setting a budget and maintaining communication with contractors
Creative solutions for financing a home renovation project
Planning and prioritizing renovations for the most impact
Tips for approaching a home renovation project affordably and effectively

Develop and Work Within a Budget

You can’t do everything you want. You need to be realistic about what you can afford. You need to have a plan for how to make your money last. 

This means saving for any unexpected expenses or delays, and having a back-up plan if something goes wrong (like needing more time or money than originally planned). 

That way, when the job is done, you’ll be able to pay off your mortgage and other bills as well as enjoy living in a new home with all its improvements!

Our home renovation guide provides a comprehensive overview of the home renovation process, from planning and budgeting to selecting the right contractor and managing the project.

Know What You Can Safely DIY

Before you start any project, it’s important to know what you can safely DIY and what should be left to the professionals. 

If you don’t have the right tools or training, there may be hidden dangers involved in completing a home renovation yourself. You also might not have the necessary safety equipment to protect yourself from potential health hazards such as asbestos or lead paint.

It is essential that any DIYer knows exactly how much time and money they can invest before starting a project—and how much of both they need to get through it successfully! 

A professional will help guide homeowners through all the steps needed for successful completion of DIY projects by providing step-by-step instructions on how each part of the job should be done along with tips about how best to complete each task safely (and efficiently).

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DIY vs. Professional Home Renovation Projects

DIY ProjectsProfessional Projects
PaintingElectrical work
WallpaperingPlumbing
Installing shelves or cabinetsStructural changes
Basic landscapingRoofing repairs
Installing light fixturesHVAC work

Remember to always prioritize safety by leaving complex or hazardous projects to experienced professionals.

Get Permits and Inspections

Before you begin a major home renovation, it is important to get the proper permits and inspections. 

First, contact your local building department and obtain any necessary permits. This will ensure that your project adheres to local building codes and safety regulations. 

Depending on how extensive your renovation plans are, you may also want to hire a professional home inspector who can inspect all aspects of the house and make sure it’s structurally sound before starting any work. 

Check with your local municipality for other permits or inspections that may be required for specific projects; 

for example, if you plan on doing work in an area that’s prone to flooding during storms (like New York City), there might be additional requirements from FEMA or other organizations involved with disaster preparedness measures within the community

Our pro guide to fixing plumbing issues offers detailed information on common plumbing problems and how to fix them, so you can get your renovation off to a smooth start.

Plan for the Unexpected

Plan for the unexpected.

Research the cost of unexpected expenses, and include a contingency fund in your budget. This will help you avoid overspending as well as give you peace of mind when it comes to unforeseen costs like repair work or labor shortages due to weather conditions.

Make sure you have insurance coverage for your home renovation project. Homeowners insurance policies typically cover these types of projects because most people aren’t able to do this type of work themselves, so be sure that you’re covered before starting any remodeling project!

Be prepared for delays and additional costs! If there are delays in getting permits or approvals from local government agencies, if weather conditions cause delays in construction work being completed on time (or at all), or if accidents occur during construction activities 

(for example: workers cutting into an electrical wire) — all these things can cause delays which may result in higher total cost than expected when first planning out the renovation project budgeting process!

Prepare for Construction to Go Over Budget

You should also prepare for the possibility of having your budget exceeded. A good rule of thumb is to plan on spending 20% more than you think you’ll need.

If, on the other hand, your project is coming in under budget then consider using some of this money as a contingency fund for unexpected expenses (like replacing an old water heater that fails during construction).

Finally, keep in mind that there are always surprises when doing home renovations—whether it’s something as simple as needing to buy new tools or bigger problems like running into asbestos insulation while remodeling your basement.

Financing major home renovations can be a challenge, but it doesn’t have to be. Check out our guide on paying for major home repairs for tips on how to finance your renovation, including home equity loans and government programs.

Designate a Home Renovation Headquarters

A home renovation headquarters is a physical location that you designate to help manage your home renovation project. It’s a place where you can store all of your important papers and documents, as well as keep track of the progress being made on the project.

The purpose of setting up a home renovation headquarters is to ensure that everything related to your renovation gets completed in an organized manner. This will help reduce stress levels and avoid any miscommunications between involved parties.

A good way to set up a home renovation headquarters would be by having an area in your house where all relevant information can be kept together in one place or folder, depending on how much stuff you’re working with at once, then simply mark off each step after it’s been completed so everyone knows what needs done next!

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Create a Home Renovation Headquarters

ItemDescription
Dedicated SpaceDesignate a specific room or area in your home as the renovation headquarters. This will serve as the central location for tools, supplies, and project plans.
Storage SolutionsInvest in high-quality storage solutions to keep your renovation space organized and efficient, such as a toolbox, shelving, and labeled containers.
Communication ToolsEnsure you have reliable communication tools, such as a phone, computer and email access for communicating with contractors, suppliers, and other renovation professionals.
Comfortable FurnitureIn addition to your renovation equipment and supplies, consider including some comfortable seating, a coffee pot, and a mini-fridge or cooler in the renovation headquarters.
Health and Safety EquipmentDepending on the scope of your renovation project, it’s important to have health and safety equipment on hand such as gloves, goggles and respirators, fire extinguisher and carbon monoxide detector.

Creating a dedicated renovation headquarters can help streamline the renovation process and ensure that all necessary tools and supplies are easily accessible.

Create a Detailed Timeline of Your Remodel

Once you have your design plan, sketches and color scheme selected, you’ll need to create a detailed timeline of the project. This will help you stay on track and ensure that all aspects of your renovation are completed on time.

A good rule of thumb for creating a home renovation timeline is to allow about six months for planning, two months for construction, six weeks for cleaning up and another two weeks for finishing touches. 

Of course this is just an estimate; some projects go faster or slower than others depending on the contractor’s experience level and how quickly he/she works.

Embarking on a complete home renovation can be overwhelming, but that’s where our guide to a complete house renovation comes in. From creating a design plan to managing contractors, we cover everything you need to know to transform your home.

Tack On Additional Costs for Surprises and Urban Living

The last thing you want after putting all your money into a renovation is to get caught short with unexpected costs. Make sure you have enough set aside for unforeseeable events, such as:

Additional costs for unexpected surprises during construction, like foundation issues or structural changes.

Additional costs for urban living (like higher taxes, parking fees and property maintenance) that may be more expensive than those in suburbia.

Additional costs if your city requires permits for certain projects like decks or fences.

Be Prepared for Disruptions to Your Routine, Like Noise and Messes

When it comes to home renovations, you can expect some disruption to your routine. If you’re not careful, this could lead to fatigue, irritability and even illness.

Here are some disruptions that may affect you:

Noise: The noise from outside contractors or the banging of tools and equipment inside the house can be stressful for people who find loud sounds overwhelming. 

To help minimize these disruptions and keep your family happy, try wearing earplugs or headphones while working on household tasks (such as vacuuming or washing dishes). 

You can also buy a white noise machine specifically designed to help drown out other noises in your home (this one is recommended by experts at Harvard Medical School).

Dust: All that construction work means dust will inevitably settle throughout your house during remodeling projects—and there’s no way around it! To mitigate its effects on respiratory health, use a HEPA filter vacuum cleaner (like this one) when cleaning up any messes caused by dirt kicked up during renovation work. 

Also make sure everyone removes their shoes before entering any room where others are doing major renovations; this will significantly reduce exposure levels in each room visited afterward!

Our guide to estimating home renovation costs offers helpful information on what factors can impact the cost of your project, so you can plan your renovation budget more effectively.

Do Your Research before Hiring Contractors or Architects

In order to avoid the pitfalls of hiring a contractor without doing your research, it’s important to know what questions you should be asking before making a final decision.

  • Have they ever done this type of renovation before?
  • Are they certified in their field?
  • Do they have insurance coverage?
  • What is the cost of their work and how much will it cost me per day/hour/week/month (i.e., is there an hourly rate)?

Set Aside Money to Cover Last-Minute Changes in Plans

It’s inevitable that something will come up during a renovation. Whether it’s the discovery of unexpected problems like termites, or an unanticipated addition to the project like building a new deck instead of just remodeling the one you already have you’ll need to be prepared for these kinds of surprises.

If you don’t have enough money set aside to cover these last-minute changes, you may have to borrow money or push back some portion of your project until later. 

However, if at all possible, try not to let this happen! You can always cut back on other parts of the project if necessary (such as not replacing everything in your kitchen).

Conclusion

It’s a lot to take in, especially if you’re not familiar with the process. But don’t worry! As we mentioned before, you should start by drawing up a budget and laying out your vision for the renovation project. 

From there, you can move on to finding contractors and architects who will help bring that vision to life. With some planning, hard work and patience, you can turn your dream home into reality!

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Further Reading

The Spruce: How to Renovate a House – This guide offers step-by-step instructions on how to plan and complete a house renovation project, from creating a budget to hiring contractors and managing the project.

Simonini Luxury Homes: 10 Tips for Planning a Major Home Renovation Project – Tips for planning a luxury home renovation project, including how to set a budget, choosing the right contractor, and selecting materials.

Entrepreneur: 10 Tips to Renovate Your House Beautifully Yet Economically – This article provides advice on how to renovate your home in an affordable yet effective way, including how to prioritize renovations and use DIY techniques.

FAQs

What is home renovation?

Home renovation is the process of changing or updating a home’s interior or exterior to improve its appearance, functionality, or value.

What are some common home renovation projects?

Common home renovation projects include kitchen or bathroom remodeling, interior or exterior painting, flooring installation, and adding or removing walls or other structural elements.

How much does a home renovation typically cost?

The cost of a home renovation can vary widely depending on the size and scope of the project, as well as factors like the cost of materials and labor. Estimating the cost of your project before starting is essential to avoid overspending.

Should I hire a contractor for my home renovation project?

Hiring a contractor for your home renovation project can help ensure the work is done correctly and in compliance with building codes. Additionally, a contractor can provide valuable advice and guidance on materials, design choices, and budgeting.

How can I finance my home renovation project?

There are several ways to finance a home renovation project, including taking out a personal loan, opening a home equity line of credit, or using a credit card. It’s important to choose a financing option that works for your budget and goals.