How To Run A Successful Renovation To Save Yourself Money

You may have heard those renovating horror stories where what can go wrong has absolutely gone wrong or worse, the renovation could not be completed due to lack of funds. Thankfully it does not have to be this way and understanding the renovation process and being able to expect the unexpected will allow you to better position yourself as a successful home renovator.

As with any subject, the more you know about it, the better well-versed in renovation speak you will be. So learn as much about your home or block as much as possible and seek out advice from others in the know where you can. Your local council, tradies, designers and even experts on the internet can prove to be particularly helpful. If you are struggling to understand some part of a renovation, then question it. Don’t let someone else take control of your renovation just because you are too shy to speak up or seek clarification. And if you require time to think about something before deciding, ask whether you can sleep on the decision. Never rush into a decision, particularly one where your gut is telling you to think on it a little bit more before rushing in with a yay or nay.

In order to save yourself money, you need to set yourself a budget and manage the renovation project carefully to avoid lengthy delays and miscommunication. Get quotes and then check and double-check the figures. Take your measurements carefully and never assume that everyone should know what they are doing. Follow up on everything and never accept the first quote without shopping around and doing your necessary due diligence. The same could be said for owner-builder insurance. Understand the risks, check your prices and know exactly what you are paying for.

Know what is involved from the local council perspective if it is in within your purview. Note deadlines of each document and follow up to ensure there are no delays. If there is a problem, you need to ensure that it can be quickly managed and successfully overcome to not hold up the process. Time in a building or renovation job is most certainly money.

When you are renovating your home, never feel that you have to buy all new to seek the look you want. There are some great bargain buys in the way of second outlets, antique stores, online marketplaces and building auctions. Your building designer should be able to point you in the direction of a few trusted professionals who can help you with building, repairs and even furniture to fill in space.

You may be even able to save a few dollars by doing some of the work yourself. Make yourself available to do tip runs, DIY store runs, and grab the odd paint brush or glue gun to get the job done faster. Waiting for a tradie to get the tools or equipment can waste time and money, particularly if it is something you can do after hours or while they are working on another task. Always endeavour to stay one step ahead of what is going on so you can ensure everything is going as well as you had anticipated.