Sometimes, you don’t want to move house. What you want is for your current property to suit your current needs. Home renovation projects can be exciting and challenging, as well as a little overwhelming. However, with the right plans and tools, you can turn your Gold Coast home into the perfect space for you and your family.
Of course, there are a lot of considerations to be made before you begin. Perhaps the most important is budgeting. If you aren’t sure where to begin, read on!
Here, we will discuss how to budget for your renovation to make it as stress-free and budget-friendly as possible.
Do not be conservative when it comes to your initial budget. Try to think of every element of your renovation and come up with an overall cost.
This may be higher than you are comfortable with, but it will give you an idea of any areas you can either do yourself and what you truly want to prioritise.
It can be easy for your budget to get away from you, so make sure you are keeping a close eye on your budget and what you end up actually spending.
Putting these costs on a spreadsheet or in a diary will help you to stay aware and not get carried away when you are distracted by other elements of the build.
When you are getting quotes from builders for your home renovation project, don’t go with the first option you are handed.
It can be tempting to simply opt for a builder you know, or who was recommended to you by a friend, however, this is rarely the best way to get the best deal for you.
You should get quotes from at least three to five building professionals before making your final decision.
This allows you to gain an understanding of whether you are being offered a quote that is suitable in the current market, and if you are getting the best value for more features.
Remember – this might not always be the cheapest option, but the one that offers you the most peace of mind.
If you are undergoing large scale home renovations, it’s easy to dismiss the smaller “extras”, but these costs can add up before you know it.
Things such as hiring a skip when parts of your bathroom are being ripped out, or even little finishing touches like light switches, can soon add up.
Even something like needing to stay in a hotel for a few nights while renovations are being done on your property that you need to vacate for add to your overall costings.
Be savvy and put these into your original budget, so that you aren’t surprised by the costs later on when you are already financially strapped.
Get the best Team for the Job
Are you starting to consider home renovation on the Gold Coast? Or have you got your budget planned out and are ready to take the next step?
Whatever stage you are at, get in touch with us at Revolution Projects. We are leading luxury home builders on the Gold Coast, with a wide range of experience in home renovation projects including both apartments and freestanding homes.
Let us know what you exactly want from your home renovation, and we can discuss your needs together to come up with an expert plan to get the project done on time and budget with our full support and expertise.