Agreeably, most people undertake home renovations just before winter sets in or with the intent of selling off their property and getting a good price for the same. The biggest reason for people investing a lot of money on home renovations is the false assumption that they will ultimately recoup their investment when they eventually sell off their property. This is not always the case and the first mistake that people make whenever they think of doing home renovations. There is nothing wrong with doing home improvements such as undertaking plumbing renovations, kitchen remodeling, and bathroom renovations and so on and so forth. However, while you are at it, it’s essential that you avoid the following home renovation blunders that could end up costing you more than you originally thought.
Enlisting the services of the first contractor you encounter
With so many contractors in the market, it would be foolhardy to make the cardinal mistake of hiring the first contractor you encounter. Endeavor to get as many quotes as possible and look beyond the surface when choosing a contractor to undertake home renovations. What is their reputation like? How qualified and experienced are they in the particular renovation you are interested in? What do people they have done business with in the past have to say about them? How affordable and professional is their services? Ensure you carefully assess a number of contractors and choose the best rather than giving the job to the first one you encounter.
Setting forth a budget that is not realistic
Whether you like it or not, when you bite more than you can chew when it comes to home renovations, be sure to live with the consequences of the same. Run out of money mid-way renovations and you won’t have a choice but to live with a half-finished bathroom for a prolonged period of time. As such, endeavor to set forth a realistic budget before embarking on home renovations.
Failure or inability to get the necessary permit for renovation
The idea of a permit is to ensure that your home renovations are done within the prescribed safety measures and in accordance with the laws. If you fail to get the necessary permits, it means that your renovations are against the law and were not carefully assessed to ascertain whether they meet safety standards or not. As such, there is always the possibility of dealing with hefty fines and penalties and in the worst case scenarios, reopening of ceilings as well as walls.
Over improving your home more than the neighborhood
Granted, the temptation to over-improve your home might be there with the sole aim of selling at a higher price in the foreseeable future. However, keep in mind that the value of your home is dictated by the median price of homes in your neighborhood. As such, over improving your home might not necessarily mean that you will price it more than what average homes in your neighborhood sell at. Ensure your home renovation is modest and within your budget.