5 Most Common Home Renovation Mistakes That You Should Avoid

Renovating a house can be exciting, but it involves careful planning and lots of investment. You should think of refurbishing your house only when you are completely certain about your repayment capacity. Home renovation, on the other hand, does not have to be way too expensive, especially if it involves upkeep of your house. One of the biggest reasons for renovating a house is that it helps increase the sale prices.

A golden rule of thumb says that you should be careful while renovating your house because not all kinds of renovations add enough value to your house. Sometimes, renovation only impairs your budget and your house does not see any significant up in value. You cannot be able to make a lot of money by the sale of your house by all kinds of renovation.

You should rather consult an expert to know whether the renovation project you are taking up actually helps increase the value. If your purpose is to increase the market value, then you should focus on renovation that actually helps you achieve that.

The most common home renovation mistakes that you must avoid

Here are the most common home renovation mistakes that you must avoid:

Trying too hard to make your property look what you desire

The ultimate purpose of renovation is to increase the market value of your house or to make it suitable for a tenant. You explore various design trends and try to incorporate them to create a beautiful space that you want. Unfortunately, you forget that you have to make your house appealing to a potential buyer and tenant. You are not going to live in this house until your last breath, so you do not have to be obsessed with your own predilections.

Instead, you should think about renovating your house in a way that looks appealing to your tenants and buyers. A golden rule of thumb says that you should take up the renovation that makes your house commodious for your potential tenant and buyer.

For instance, building a swimming pool might look like an impressive project, but it will never help you increase the return on the investment. This is because most tenants and buyers would be discouraged by the swimming pool. Moreover, it adds to the maintenance cost.

Focusing on only the interior

Most of the time, people only focus on the interior of their house. This specifically includes the kitchen, bathroom, and bedrooms. But do not forget that there are other areas that you need to focus on. For instance:

You should go for attic insulation. There are high chances of getting a return on your investment. If you continue to renovate your bathroom, you will most likely receive no return on the investment because the renovation will only enhance the ordinary look of your bathroom. It does not add to the purpose.

Pay attention to the front door. If it is made of steel, it will certainly help you get a return on investment. The front door enhances the appeal of your house. It will also increase the number of potential buyers and tenants.

Another important investment you should focus on is a garage door. A garage is used for parking, so you should ensure that this is in optimal condition.

However, it does not mean that you will not focus on your bedrooms and kitchen. If you want to make your house appealing, you should focus on every aspect of it, provided they are appealing and useful for tenants and buyers.

Using marble countertops

Marble countertops look aesthetically beautiful. They are pleasant to the eyes, undoubtedly. If you are looking to renovate your kitchen, you might want to install marble countertops. You do not even mind relying on loans because marble countertops are a bit expensive. But most people rue the day after installing them. Marbles are naturally appealing and look, and therefore they are in high demand, but they are subject to stains and scratches. They require high maintenance, and this is why many people are put off.

Instead, you should consider installing a quartz countertop. This is more durable than a marble countertop. It is also resistant to stains and scratches. Yet, they are more affordable than marble countertops. However, you may still need to borrow some money. In that case, you can take out home renovation loans in the UK. These loans could come in handy when your savings have fallen short of cash. However, be certain about your repayment capacity.

Not hiring professionals

There are certain renovation projects that you can do on your own, but they are generally tiny ones. You really do not need an expert and professional interior designer. For instance, you do not need them if you have to replace cabinets, their knobs, and faucets.

But major renovation tasks require help from an expert. The cost of hiring a professional interior designer is quite high, but it is worthwhile. They have the knowledge to handle everything related to renovation.

Not only will they help you save time, but they will also save your effort. You might be tempted to take up some projects after learning from tutorials on the internet, but this would cost you a lot of money down the road.

Another advantage of hiring an expert interior designer is that you will not spend money on things that do not add value to your property.

Buying old furniture

In order to save money, you might be tempted to purchase old furniture. To ensure that it is in keeping with the rest of the house, you will most likely use new upholstery. But the fact is that the money you spend on the old furniture and reupholstery will cost you almost the same amount that new furniture will cost you.

Therefore, it is suggested that you buy new furniture. Old furniture might also be subject to bugs. Normally, they are sold bug-ridden. Chances are, it catches them after reupholstery. If it happens, the whole of your money will go down the drain.

If you still want to use old furniture, you can. You might find something very beautiful and exciting, but carefully decide on it. The furnitures condition should be good, so you do not have to keep replacing the furniture every now and then.

The bottom line

Home renovation cannot be done hastily. You should carefully plan because not all types of refurbishment projects can add value to your property. Hire a professional and experienced designer who would tailor your house to potential tenants and buyers as well. Do some research, organise your finances, and then start a renovation project.