When most people buy a house, they want a property that they can just move into without any worries. But there are some benefits to investing in a fixer-upper that needs a lot more work before you can settle in.
You can save money by getting a property with potential. You can often afford more if you’re willing to put some work in to renovate it. Another benefit is that you can put your own stamp on it. You might relish the challenge of a full renovation and you can also take the opportunity to really make the property your own.
So, here are some tips to help you renovate your property and make it like new again.
Surveying the Property
While you might expect an older property to need some work to it, you need to figure out how much work you’re willing to do. There’s a difference between a property that needs decorating and updating, and a property that’s essentially being held together by spit and dreams.
Get a survey done of any property that you’re considering buying. A property survey will let you know if it’s structurally sound and what work needs to be done to make it habitable. If you’re investing in a money pit, you need to know what you have to spend before you buy it.
It also helps to have a budget and timeframe in mind, so you know how big of a job you can take on.
DIY or Professionals?
Another thing to consider is whether or not you hire contractors to work on your property.
Depending on your skills, tools, and experience, you could do some or even all of the work yourself. This has the obvious advantages of being much cheaper than hiring professionals. On the other hand, even if you do a lot of DIY and have the right skills, there will be some jobs that you can’t do on your own.
In this case, it’s better to hire a professional. Yes, it costs more, but the work will be done more quickly and, in some cases, to a higher quality.
Most people do some jobs themselves and hire professional contractors for more complicated tasks, like window repair and replacement or structural repairs.
Another thing to consider is whether or not you hire contractors to work on your property.
Depending on your skills, tools, and experience, you could do some or even all of the work yourself. This has the obvious advantages of being much cheaper than hiring professionals. On the other hand, even if you do a lot of DIY and have the right skills, there will be some jobs that you can’t do on your own.
In this case, it’s better to hire a professional. Yes, it costs more, but the work will be done more quickly and, in some cases, to a higher quality.
Most people do some jobs themselves and hire professional contractors for more complicated tasks, like window repair and replacement or structural repairs.
The Finishing Touches
On a related note, something that most people might be able to tackle alone is the finishing touches. Once the repairs and major renovations are complete, you can move onto decorating your property. This is where everything comes together and what was once a building site can become a home.
Usually, by the time you come to decorate your home, it will be habitable. So you can either continue to stay somewhere else and travel in, or you can move in and decorate each room.
The finishing touches might include installing flooring, painting or putting wallpaper on the walls, and adding your belongings like furniture, decorative pieces, and wall hangings. The important thing is that you put your own stamp on your home.
On a related note, something that most people might be able to tackle alone is the finishing touches. Once the repairs and major renovations are complete, you can move onto decorating your property. This is where everything comes together and what was once a building site can become a home.
Usually, by the time you come to decorate your home, it will be habitable. So you can either continue to stay somewhere else and travel in, or you can move in and decorate each room.
The finishing touches might include installing flooring, painting or putting wallpaper on the walls, and adding your belongings like furniture, decorative pieces, and wall hangings. The important thing is that you put your own stamp on your home.
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