6 Tips To Help You Navigate Your House Renovation

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6 Tips To Help You Navigate Your House Renovation

January 2024

Home improvement projects can be both rewarding and challenging. A worry-free renovation process requires careful planning. Here are six tips to help you successfully navigate your home makeover:

Timing is everything

Consider your current situation and how home improvements, which might be disruptive, will impact your life. Choose a period of time for your project when you will have sufficient energy to dedicate to it.

Don’t take on too much

Make a list of the specific tasks to be completed and who is best suited to handle them. It's important to be realistic about your abilities and know when it is necessary to bring in professionals for certain aspects of the project. Remember, it is advisable to obtain multiple quotes before making any decisions. This way, you can make an informed choice, also considering each person’s skills, specialities, and experience.

Keep your priorities straight

Safety is of paramount importance. Repairs to correct structural damage or deficiencies should not be delayed. If you and your family have specific needs, these also need to be prioritised.

Don’t cut corners

The foundation, roof, plumbing and electrical systems in any home need to be kept in tip-top shape. Don’t skimp on any aspect of work that needs to be done in these or other crucial areas.

Budget for the unexpected

Ensure you have allocated contingency funds for unexpected difficulties. Set aside 10% to 20% of your budget as a buffer to proactively prepare for worst-case scenarios.

Monitor your spending

As you identify the fixtures and materials that will achieve the look you have in mind, research their costs and list them on a spreadsheet. Set up this sheet to calculate the amount that will remain in your budget if you make these purchases. Also, keep track of your spending once the renovation project starts.

Get started

At the BWU Co-operative Credit Union Limited, we offer Home Improvement Loans to help you achieve your renovation goals. Apply online or complete our contact form to have one of our helpful Relationship Officers call you.