Where to save and where to splurge on renovations
Renovations can be fun - but they can also be a nightmare.
Usually the nightmarish qualities of renovations all come from the ever mounting costs - because once you see that granite, top-of-the-range bench top, you just have to have it, right?
Keeping those costs down is a matter of organising and prioritising, with a dash of renovation savvy thrown in.
The first thing to think about is what you want to renovate - although you'll probably start thinking about it when you're buying a house. It's easy to get carried away and start remodelling the whole property in your mind, but if you stick to one area at a time - or two maximum - then you'll be able to manage your budget and focus on one thing at once.
The two biggest areas that generally push up the cost of your residential property renovations are your bathroom and kitchen areas.
Unfortunately, these two places in the home are the ones that will most quickly show their age, so it's likely that this is where you'll be looking to update first. That's why most of your renovation budget can be allocated to invigorating these rooms.
So you don't have to feel guilty about installing that new sink or dishwasher! Aim to invest in classic looking pieces rather than whatever is currently 'trending' as these will stand the test of time and will be less likely to show their age in ten years.
Not all areas will cost as much as new hardware however, as something as simple as repainting your kitchen cupboards or bathroom draws with a white gloss can give the entire room a fresh look.
If you splurge in one area however, it's likely that you'll be looking at affordable ways to renovate elsewhere.
It has been said before but it can't be said enough - a fresh colour and coat of paint can do wonders for any room in any home. Painting is a relatively cheap option when compared to making structural changes or purchasing new equipment, so it's a good way to trick the eye into thinking the whole house has had a makeover.
Another trick is to get the carpets professionally cleaned. Instead of getting carpets relayed, a deep clean can bring back a lot of the original life of the carpet, bringing back some of the spring and softness, as well as removing any stains. The smell of a house full of clean carpet is incomparable, so it's a great way to save on a renovation but still achieve that 'new home' feel.