Achieving your renovation goals while staying within budget and on time is one of the biggest challenges for any new renovator. It takes careful planning, discipline and expertise.
Whether the renovation is big or small, research should be conducted to ensure you’re putting yourself in the best position possible to achieve success. We have included some helpful tips to consider when renovating.
A project plan is essential in order to achieve an efficient and effective renovation. This plan is essential, especially when the renovation is trade intensive and/or where a sequence of intricate sub-projects are taking place. This will help you to always stay on top of exactly how the renovation is tracking and to assess progress in line with the schedule. It will also help you to identify potential issues before they impact time or budget.
Having a positive attitude towards the project is great, but it is not always going to go entirely to plan. Including an extra 10% contingency in your budget is a great way to avoid being swamped by extra cost or unexpected surprises. You may encounter unforeseen structural work or delays in completion causing you to be out of the property for a longer period; all of which can cost you extra money.
Gathering a team of experienced, reliable and trusted tradesmen is crucial to a successful and stress free renovation. As simple as it sounds, having a great team working with you on the property is going to make your life so much easier, allowing you to focus your time on parts of the renovation you need to, for example staying in line with the plan.
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