As a home owner, one of the best ways to improve the value of your home, or even just to make it even closer to your dream home, is to renovate.
Whether you have the skills and time to do it yourself or you’re planning to look up your favourite tradies, a few simple considerations will help you towards success.
Planning of course will pay off, so consider the big picture items such as budget and timelines first. How much can you afford? Then how long are you prepared to either be sleeping in someone else’s spare room or living in a partial building site?
Once you have these sorted, consider carefully what you want done. If you think you’ll be selling in the near future, then maybe you should consider the big ticket rooms – kitchen and bathroom – first.
In this case, it might be best to tone down any loud colour or decorating choices. Your bright turquoise walls may put some potential buyers off.
Go for neutral colours and tones instead. If you’re having difficulty raising the money, but you have paid off the loan for a few years, you may be eligible for a home equity loan to cover costs.