It’s projected that in 2019 almost $410 billion will be spent at home improvement retailers. And it’s not hard to see why!
People are turning to home renovation instead of selling and buying. They can have all the benefits of a new home without the hassle of relocation and moving.
For first-time homebuyers, renovating might allow them to purchase an older house for less than the cost of building new. It also means that they can truly customize the home to their specifications. First-time homeowners spent almost $34,000 on average last year on renovations.
If you’re considering home renovation, you might be feeling overwhelmed with how to start.
Renovating before and after requires a lot of research, preparation, and work. But don’t be discouraged!
We’ve prepared the best tips and tricks to prepare for your renovation project. Read on!
Do Your Research
You’ve probably already got an idea of what your renovation will look like. That’s what we like to call the “fun research”.
You’ve collected paint swatches, and fabric samples, and you’ve got a Pinterest board full of inspiration. All of that is an important part of the research process.
But before you commit to a plan it’s vital to do some of the logistical research. Without this part of the process, it’s easy to get swept away and overspend.
Here are some pointers on the things you should be looking up before you start your home renovation.
- Decide which rooms you’d be interested in renovating.
- Do some research on the average costs of renovating each individual room.
- Make a detailed plan of what you want to change in each area you’re considering.
- Get quotes from several contractors for each room or area.
- Get timeframe estimates from each of the contractors you speak with.
We recommend doing this portion of your renovation prior to your budgeting process.
Plan the Renovating Before and After Budgeting
You’ve likely already got a rough idea of how much money you’ll be able to spend on your renovation.
The key to budgeting is understanding that you must renovate according to your budget, not the other way around.
Once you’ve completed your “fun research” and logistical research you’ll be able to determine how much renovating your budget can actually accommodate.
This may mean compromising on some materials or even leaving out whole rooms.
If after this budgeting session you find that you’re not happy with what can be accomplished, you can revisit your budget. See if there are more funds available through a home equity loan or home equity line of credit.
Pro Tip: You absolutely will go over your initial budget so set aside some “emergency funds” so that when surprise expenses come up they don’t break the bank.
Consider Doing Some DIY Projects
After looking over your budget you may find that there aren’t enough funds to allow for all the renovations your considering.
Think about DIYing some of your projects to save money. It may make it possible to incorporate certain elements of the renovation that would otherwise be left out.
You might not have the skillset to do the electrical wiring or plumbing, but anybody can paint walls!
You can find tutorials for tiling, demolition, or other thousands of other projects on youtube.
DIY projects inevitably take more time and effort than just hiring out a contractor, but they definitely help you save money.
Consider if it’s worth the extra time and labor to do a few things by yourself so you can stretch the budget beyond its normal capacity.
Make a Calendar and Schedule Out Your Renovation
We’re not kidding! Go to any office supply store and buy one of those giant wall calendars. Having done research and called contractors beforehand, you’ll have an estimated time frame for each of your projects.
Schedule out your renovation on the calendar. You can incorporate some of the following ideas into your calendar.
- Color code different rooms and projects. This will help you to see the renovation in smaller, easier terms.
- Mark each day with the color of the room or rooms that will be under construction.
- Keep the contact numbers of your contractors written on the margins of every page.
- Keep some of your inspiration photos on or next to your calendar to remind you how great it will be at the completion.
We also recommend scheduling additional days for every room or phase of your project. Circumstances will change, and dates will inevitably get pushed back. Factoring in the extra time ahead of schedule will help you feel more calm about the duration of your project.
Having a visual representation of the projects going on one a specific day will help you to focus on what’s important that day, instead of feeling overwhelmed by the scale of your entire renovation.
Plan on Surprises
One of the best renovation tips is to expect the unexpected. Deadlines will get pushed back. Unforeseen expenses will come up. And certain design dreams may not come to fruition.
How do you keep from becoming totally frustrated and devastated?
The trick is to prepare for these situations and then roll with the punches when they come.
Factor in additional time beyond what you or your contractors estimate.
Plan ahead a portion of the budget to be saved for unforeseen expenses (you’ll probably use the whole thing and a little more).
Determine a few design elements that are absolutely necessary for you and let the rest be added bonuses.
Now that you’ve got all the best tips on what to do in renovating before and after, you’re ready to start the process!
Grab those inspiration photos, calendars, and budget sheets and get to work.
So buckle up those tool belts and get started. Your new home awaits!
And remember you can visit our blog for more on all things home renovation! We’ve got you covered with all the insider tips you’ll need to turn your house into your dream home!