Home Renovation. Thursday , October 04th , 2018 - 23:27:39 PM
We often think of a home renovation as something which brightens up our living space, gives us more room, or makes us more comfortable. Consider an addition, or a fresh coat of paint, or a new bathroom. These renovations fall squarely into definition number two. They are restoring life to our home, and have the 'wow' factor which we love to share with our friends and family. These renovations also tend to add value to the price of a house, and people will talk about the return on investment that goes with them i.e. what the cost of the renovation is compared to the increase in price if the house were to be sold.
So how does the average homeowner know if there are maintenance renovations that require attention? There are a few ways to find out, and sticking your head in the sand is not an option. That would be akin to not going for a regular check-up at the doctor or dentist - if no-one tells you there's a problem, then there is no problem, right? Wrong. The first thing to do is to call upon your gut instinct. You probably have a suspicion if the electrics might be an issue (there's a spark when you plug appliances in, for example), or if there's damp in the basement, or if the attic insulation is insufficient; after all, you're the one who lives there. Take a look around the outside of the house for any signs of worsening damage - are cracks bigger than you remember them? Does the roof look patchy? Do you have an effective water management system - one that drains run-off water away from the house foundations?
Budgeting for home renovations is always tough. Even when you plan for everything and even a few glitches along the way budgets often find a way to be busted. In order to keep your progress from ending in a budget stale mate here are a few things to keep in mind when renovations are planned for your home.
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