Home Renovations: What to consider after you buy

 

Written by Natalie Jones/homeownerbliss.info.

Buying a new home is a major life event full of decisions. And when your new house needs renovations – whether you want to fix up the interior or add onto the existing structure – there are even more considerations to make. When it comes to being a homeowner, there are so many ways to make a house your own that it can easily become overwhelming. Starting with a solid plan will help reduce stress and anxiety throughout the process.

Fortunately, there are several things you can do to make for an easier project: from choosing the right, affordable materials to setting a budget that will help you avoid nasty surprises down the road. Do some research to find the best deals and to choose the right local contractor for the job, keeping in mind that not all projects are DIY.

Choose the right materials

Depending on where you’re building and what the space will be used for, your options for materials — and pricing — can vary. And regardless of whether it’s a detached or attached structure, you’ll want to keep aesthetics in mind, particularly if it will change the look of your house and property. These days, many people opt for steel framing as a way to boost sturdiness. Steel frames can also enhance your return on investment down the road. Wood and brick are common choices for the outside of a structure; the pros and cons of each should be considered based on your climate.

Not all projects are DIY

While a good many home projects are easy enough for homeowners to complete themselves, it’s important to remember for safety’s sake that things like electricity and plumbing are better left to the pros. Call in a contractor for the jobs you know you’re unable to tackle, and don’t forget to include this expense in your budget. Rather than trying to save money by handling these projects yourself, you’ll know they’re being handled correctly by hiring a seasoned professional.

Think about the future

It’s not always easy to think about the future and plan accordingly, but when you’re making changes to your home, it’s a good idea to make sure they’ll create a return on your investment down the road. You may not be thinking about selling now, but it’s likely that you will sometime later, and investing in renovations that buyers will pay more for will help you get the most out of a sale. Some of the top features buyers look for include garages, and updated bathrooms and kitchens.

Do some research

Making sure you have the right permits will save you a lot of grief down the road, so do some research to find out the legalities in your city. Most areas of the country require inspections even on private property when a new structure is built or when there is an addition, and some of the permits can significantly add to your costs. Take this into account when you’re working out a budget, and think about the best timeline for the job, since inspections can delay completion.

Buying a new home comes with a lot to think about, and making changes — no matter how big or small — can bring stress and anxiety. Take care of your mental and physical health during the process so that you can enjoy your new home, and keep communication open with your spouse or partner so that you’re both on the same page. With a solid plan and some preparation, you can ensure your home project gets the attention it deserves without breaking the bank.