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Whether you’re a seasoned home renovator or embarking on your first home transformation journey, the process can be challenging. There’s much to consider, from determining a realistic budget to deciding whether to DIY (do-it-yourself) or hire a professional.

Discover our top home renovation tips to help you streamline the process and transform your house into the home of your dreams. Whether you’re renovating an entire home or a single room, these tips may serve as a guide throughout your renovation journey.

Step 1: Establish a Plan

A successful renovation project starts with thorough planning. This allows homeowners to establish clear objectives, allocate resources efficiently, consider potential challenges before they arise, and ensure that the project stays on track and within budget.

With a clear plan, you can also have ample time to make informed decisions about design choices, material selection, and hiring contractors. Without proper planning, renovations can become chaotic, costly, and time-consuming—and potentially result in a disappointing finished product.

Step 2: Determine a Realistic Budget

A realistic budget is the north star of home renovations—it serves as the guiding framework throughout the entire project. A well-defined budget allows you to prioritize your renovation goals, divide funds appropriately, and avoid overspending. Need help creating your budget? Read our blog here. 

By carefully assessing financial resources, labor costs, and material expenses, you can establish a budget that reflects needs and limitations. A lack of budgeting can result in unexpected expenses and having to make unwanted compromises.

Step 3: Determine What Needs Immediate Attention

Identifying and prioritizing specific areas that need immediate improvement lets you determine where to first invest your time, energy, and budget.

By addressing critical issues like structural repairs or safety concerns before cosmetic approaches, you can boost the renovation process and minimize disruptions.

Step 4: Decide Between DIY or Professional Help

DIY projects have several perks. When it comes to small repairs or projects, doing the work yourself can save money and provide you with a sense of accomplishment. However, when it comes to more complicated renovations like structural changes or electrical and plumbing work, it’s best to rely on a professional.

Experienced contractors bring expertise, specialized tools, and a knowledge of building codes to the table. This ensures renovations are done correctly, safely, and in a timely manner. The decision between DIY-ing and hiring professionals should be based on a realistic assessment of your skills, resources, and the scope of the renovation project.

Step 5: Select Quality Materials

Renovations are about looking at the long term. For example, cheap materials may save you money in the moment, but they can result in costly repairs in the future due to maintenance, repairs, and premature wear and tear.

Investing in high-quality materials enhances the overall look and feel of the space and provides structural integrity and performance. By selecting premium hardwood flooring, durable countertops, and high-grade fixtures, you can significantly increase the longevity of the renovation and reduce the need for frequent repairs or replacements.

Quality materials also often come with warranties or guarantees, providing peace of mind and protection against product defects or issues.

Step 6: Consider Future Needs

As mentioned, renovations take long-term living into account. By anticipating changes in lifestyle, family dynamics, and accessibility requirements, you can incorporate features and design elements to accommodate future needs.

Being proactive in this approach not only saves time and money on future renovations, but also enhances the long-term usability and value of your home. This can be achieved via flexible design solutions (such as versatile room layouts), accessible features, or technology upgrades.

Step 7: Maximize Available Square Footage

Space is a luxury. This’s why making efficient use of your available square footage is crucial for creating a more comfortable and enjoyable living space. Remove unnecessary barriers, reconfigure layouts, or incorporate smart storage solutions to make rooms feel more spacious and open.

Maximizing available space also enables you to accommodate certain lifestyle needs, such as creating dedicated work-from-home areas, play spaces for children, or multifunctional rooms.

Starting the home renovation process can be both exciting and daunting. However, when armed with the right knowledge and strategies, you can navigate the process with confidence. With careful planning, budgeting to prioritizing fixes, and maximizing space, you can transform a house into your dream home.

 

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These articles are for educational purposes only and provide general mortgage information. Products, services, processes, and lending criteria described in these articles may differ from those available through Guardian Savings Bank. For more information on available products and services and to discuss your options, please contact a Guardian Savings Bank loan officer.