Important Factors to Check when Planning Home Renovations
It’s all too easy to get carried away with home renovation plans. The promise of transformed living spaces, greater functionality and an array of other benefits is understandably tantalising.
However, you shouldn’t rush into things without careful thought and consideration. The planning process must encompass everything needed to ensure the project is a success and mitigate the associated risks. Here are some of the most important factors to consider.
Budget
The financial aspect of home renovation is a priority for most. Determine how much you can afford and use this to underpin the rest of your planning. You’ll get a better grasp of what’s possible and what’s not.
Consider the cost of materials and labour, but also factor in a contingency fund for unexpected expenses and complications. Keep in mind that the lowest quotes may not always be better value, so weigh the cost against the quality of the materials or the reputation of contractors.
Planning Permission
Before you begin any work, familiarise yourself with the planning permission requirements in your area. While many interior renovations don’t require permission, significant changes to the structure, façade or the way you use your home might.
This factor is especially important in conservation areas or for listed buildings, where regulations are more stringent. Engaging with your local council and relevant authorities early on can save you from costly and time-consuming setbacks in this area.
Home Insurance
The terms of your home insurance may be closely linked to its condition and use. In many cases, you’ll need to inform your insurer of any renovation plans that will significantly change the structure or façade. Failing to do so could leave your home uninsured in the event of a claim during the work.
If you don’t have home insurance to cover your property, it’s a worthwhile step to protect your property and the investments you’re making with the renovations. Think of it like a safety net should the worst happen before, during or after the project.
Future-Proofing
As you plan your renovations, think about not just your current needs but how they might evolve. Flexible spaces that can adapt to changing family dynamics, remote working needs or accessibility considerations are vital. They can also enhance the long-term value and functionality of your home.
Incorporating additional elements into a wider renovation project softens the financial blow and can save you money by utilising materials and labour already on site. You may also be able to fund extra changes more easily with a slight adjustment to your chosen funding method, whether that’s a personal loan or cash.
Contractors
Finally, the success of your renovation project hinges on the team you assemble. Working with reputable architects, builders and interior designers is always best to ensure the work completed is of high quality and built to last.
Find professionals who share your vision and have a track record of quality work within your budget. Getting various quotes and meeting face-to-face is recommended to compare different options and get a feel for each before committing.
