Whether you’re extending your house, converting the loft, or just giving it a bit of a spruce up, there are lots of things to consider when renovating a property. Home renovations projects can be overwhelming at times but they’re also extremely rewarding once complete and let you put your mark on your home. What’s more, if done well, a home renovation might even increase the value of your property. On the flip side though, in my experience getting a loan to finance the work can be very stressful especially if like us you has to seek out self employed loans. The good thing is there is a huge amount of resources out there to help with your research, take for example Associates Home Loan who have produced a really handy guide on self employed loans.
Here are five things you might need when doing up your home based on our own recent renovations:
Storage
A renovation project is a great opportunity to install some of that storage space you might have been lacking. If cupboards won’t look right in the space, some simple shelving is another good option, especially if you have lots of books!
Lighting
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Think about what you want to use the room for as this will help determine the type of lighting you install. For instance, if you plan to use the room for relaxation, an oversized floor lamp might be your best bet because it will create a warm, cosy glow. Bear in mind that LED bulbs are your most energy efficient option.
Windows
If you are installing new windows, make sure they are double glazed as this is a more energy efficient option as it prevents heat from escaping and cold air coming in. Advice from organisations such as SEAI is to choose the most sustainable type your budget allows – opting for triple glazing if you could. The windows were the item we did spend the most on as we felt that we would get the best return buying the best our budget would allow. Speaking of budget, if yours isn’t looking very promising, you could consider looking at refinancing – companies like SoFi should be able to help you weigh up the pros and cons as they have lots of information on this. There’s a lot of implications as you could expect, but it could really help you out in the long run.
Flooring
Regardless of whether you’re laying a new carpet, laminate, tile or solid hardwood, it’s wise to install it once all of your other jobs (especially painting and decorating) have been done so that you don’t damage it.
Sockets & Switches
Upgrading your sockets and switches to something a little more modern will really tidy the place up. You might even want to consider a dimmer switch because that will allow you to alter the ambiance and set the mood. One of the best decisions we made as part of our renovation project was to install usb port plugs. I wasn’t convinced at the start – now I love them!
Money
You cannot commit to something as significant as this without dipping your hands into your bank account. You will have a choice between expensive options and cheaper options, but even the cheaper options will burn a hole in your pocket. You won’t have the luxury of builders insurance most of the time, so you won’t be able to get the backing you crave financially should anything go awry. Make sure you have enough money to look after yourself before, during, and after this large project.
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