Undertaking a renovation is exciting, especially if the end product is an improved home for you and your family to enjoy. However, even if you have no immediate intentions of moving from your home, your focus should be on adding value with every change or improvement.

To help you avoid the common pitfalls of over-capitalising on a renovation, we have compiled a list of 5 tips to guide you through.

Focus On The Right Areas

Traditionally, these areas are kitchens, bathrooms, living spaces and outdoor areas. These are the spaces in which people spend the most time while at home. They are also the spaces that catch peoples’ eye when finished well. Or turn them away if they are rundown!

Dedicate your budget to these focus areas. They will improve your home’s liveability and instantly raise its value.

Set a Budget and Stick to It

As with any project, the detail is in the planning. Taking the time to map out your renovation goals and all the associated costs, including a contingency fund for unforeseen expenses, will enable you to set a realistic budget. 

Shop Wisely

Grab a bargain where you can but avoid making choices based on price alone. Practicality, functionality and quality should be your criteria. 

Plan For The Future

Make sure you future-proof your renovation with these considerations:

Sustainability

• Quality insulation, double glazing, home ventilation systems, and solar panelling ensure an energy-efficient home. 

Technology

• The smartphone revolution has given rise to the smart home, so it would be prudent to consider all aspects of modern technology when planning your renovation. A PowerPoint placement plan, climate control system, centralised wiring, a data and communications hub and vehicle charging ports will all add excellent value to your home.

Storage

• Clever storage solutions are never a bad investment. Consider storage solutions in every bedroom and additional storage options throughout the home, especially in the kitchen and laundry. If you have a garage, extra storage in this space is invaluable.

Get Expert Advice

A discussion with a builder, architect, or interior designer is recommended. This could help you create a list of simple hacks, things to avoid, and absolute must-dos that could save you time and money.

Renovating can be stressful and exhausting. Avoid the pitfalls. Follow these five simple steps to ensure you pour your time, energy and money into all the right places and add value to your home.