Karen Lawley's Blog
Doing a home improvement or renovation is a great way to add value to your home while learning something new. If you decide to DIY, you can enlist the help of your family and learn together.
But, when you’re taking on a task you’ve never done before, there’s a lot that can go wrong. You might go over budget, or the project might take significantly longer than expected. Sometimes we start jobs that we don’t have the expertise (or permits) to finish and have to call in a professional sinking more time and money into what was supposed to be an inexpensive renovation.
To help you avoid some of these common pitfalls, we’ve provided these tips for running a successful home improvement project so you can focus on your renovation and not on the headaches that come with it.
1. Know when to call the experts
Undertaking a do-it-yourself project can be fun and rewarding. However, some tasks are better left to the professionals. Plumbing and electrical mistakes, in particular, can be dangerous and costly if you get it wrong. You don’t want to disregard the safety of you, your family, and your belongings just to save money on hiring a professional.
2. Call the best expert for the job
Call multiple professionals for a quote before accepting an offer.
If you received what seems a very low quote for a job, make sure to call other experts in the industry to see how much they would charge for the job. Getting an unusually low offer could be a sign that the contractor will rush the project or use cheap materials.
Alternatively, if you receive a quote that seems too high, the contractor may have a busy schedule or might not really want the job, so they’ve offered you a price they don’t expect you to take.
Regardless of who you choose, see if you can find reviews and testimonials to make sure you’ve selected a contractor who is professional and has good customer feedback.
3. Aim high with your budget
When homeowners take on a renovation, they tend to underestimate the costs. To avoid being shocked by going over budget, estimate what you think the total costs would be and then at another twenty percent. That twenty percent could account for damaged building materials, mistakes, or last-minute changes and customizations--all are frequent on DIY projects.
4. Don’t work without a design or blueprint
Even for simple home improvement projects, it’s best to start out with a plan. Having detailed measurements and drawings to refer to will help you avoid costly mistakes. We’ve all felt the temptation to “eyeball it” when working on a project--taking the extra few minutes to measure and refer to your plan will save you time in the long run.
5. Relax and focus on the results
Home improvement projects can be a source of frustration for many families. If you aren’t an expert, it’s easy to get angry when things aren’t going as you planned. If you find yourself frequently hitting a wall-literally or figuratively--step back from the project and refocus on the end goal, improving your home for years to come.
If you intend to list your house in the weeks to come, you may want to complete a wide range of home improvements. That way, you can transform your ordinary house into an awe-inspiring residence, increasing the likelihood of a fast, profitable home sale.
Although you may have lofty expectations for your home improvement projects, it is important to note that performing myriad home repairs can be costly. And if you're not careful, you risk overspending to upgrade your residence.
Fortunately, it can be easy to establish a home improvement budget – here are three tips to help you develop an effective home improvement budget.
1. Determine Which Areas of Your House That You Want to Improve
When it comes to crafting a home improvement budget, it is important to differentiate between major and minor home repairs. By doing so, you'll be better equipped than ever before to budget for assorted home maintenance projects.
A kitchen overhaul or bathroom renovation may be considered a major home improvement. Conversely, updating the color of your bedroom may be a minor home improvement. If you assess the major and minor home improvements that you want to perform, you can put together an appropriate budget.
Of course, you should take an objective look at you house to decide which areas that you want to improve. With an objective view, you can identify various home issues, determine how much money will be required to fix these problems and budget accordingly.
2. Examine the Home Improvement Funds at Your Disposal
In all likelihood, you only have a finite amount of money at your disposal. Luckily, regardless of how much money you have, you should be able to establish an effective home improvement budget.
Oftentimes, it helps to get multiple quotes from home improvement professionals. If you receive a variety of quotes, you may find that you can save money on home repairs, as well as stick to a tight home improvement budget.
It also may be cost-effective to complete simple home improvement projects on your own. If you possess the skills and know-how to perform quick, easy home repairs, you may be able to enhance your house without putting a dent in your home improvement budget.
3. Set Home Improvement Priorities
Priorities are important, particularly if you need to put together a home improvement budget. It generally is a good idea to set priorities for different home improvement projects. Then, you can allocate the necessary time and resources to complete home improvement tasks in order of priority.
If you plan to list your house soon, home improvements may prove to be exceedingly valuable. Home upgrades can help you differentiate your residence from the competition and enable you to achieve the optimal home selling results.
Lastly, if you need extra help prior to listing your residence, it may be beneficial to collaborate with a real estate agent. This housing market professional can put you in touch with top-notch home improvement professionals, offer home improvement tips and insights and much more.
When selling your home, you want to be able to get the largest return for your investment. And buyers are looking for their next place to call home. They are looking for a place that they can see themselves living and creating a future. And oftentimes, it’s very difficult for buyers to look beyond the cosmetics of a home, especially when viewing online. Therefore, if large investments are not in the cards for you or won’t bring a significant ROI, small home improvements are the way to go. These small improvements can take your home from blah to wow!
Let’s take a look at some of the best small home improvements that will certainly provide you with a return.
1. Fresh coat of paint: A fresh coat of paint can make the world of a difference in a home. It can instantly brighten up a space and make the home look and feel newer—an instant plus for any seller and buyer. But be sure to choose more neutral colors as not everyone will be a fan of bold colors.
2. Adding architectural touches: Architectural features like crown molding and a chair rail can add an elegant upgrade to any home. They can be fairly inexpensive and would only take a weekend to put up.
3. Update front door: Your front door is a large part of your curb appeal. And a home’s curb appeal can leave a substantial impression on buyers. You can go the inexpensive route and add a pop of color that compliments your home’s exterior and landscaping or purchase a new door if a coat of paint won’t do the trick.
4. Add a backsplash: Backsplashes don’t have to break the bank to catch a buyer’s eye. And there are so many options from subway tile to mosaic to antique tin.
5. New hardware: Updating the hardware in your kitchen and bathroom can make the world of a difference. Adding modern hardware to cabinet doors will add a refreshing, simple update.
6. Update fixtures: Replacing old, worn down bathroom and kitchen fixtures is a very simple home improvement. Although not the cheapest of these options, they will definitely make a big difference in those rooms.Think of a home built in the 90s that has brass fixtures. The home looks very outdated and therefore worth less in the eyes of a buyer. If you update these fixtures to pewter or brushed nickel, you are instantly bringing the spaces into the 21st century and catching the appeal of buyers.
The amount of time, effort, and money that you want to put back into your home is a decision that you alone can make. It may seem silly to put more money into the home you are trying to sell, but it’s quite the opposite. Be smart about your updates and improvements. Try to think like a buyer and make updates that the majority will like and want.