Home renovation is an inevitable activity for any homeowner. These are the biggest mistakes people make when renovating their home.
Having recently installing new floors and carpet in my home this year, I can understand so many of these below concerns when renovating your home. This article explains some of the common mistakes that people make when doing renovations to their homes.
Cheap or Poor Quality Materials
It goes without saying that you can save a lot of money upfront by going with cheaper materials, especially if it's going to be a rental. It's a really fine balance between picking materials to the highest return on their investment. Although going with cheaper materials can save you a lot of money in the short term, in the long term, it ends up costing you more when you have to replace them. It is more important to get quality materials and tools, like Generac, than going for the cheapest thing out there. It'll cost more upfront, but it will save more money in the future.
Not Fixing Everything You Can
Whenever modeling a property, it's a lot easier to get it done right now than wait a few weeks or even a few months for the problem to get worse and then you're forced to replace it. Do it immediately. Don't wait just because it's working right now and maybe has a few months or a year of life left in it. Don't wait until it breaks in one hand, and then you have an even bigger problem. It's better to spend the extra money and get it fixed right now and put it off in the future because you're going to need to do it anyway at some point.
Carpets in Rental Properties
Carpet gets really dirty. Carpet needs to be replaced really often between tenants, and it ends up costing you a lot more money to keep replacing carpet than just doing laminate hardwood floors at the very beginning and having those last a very long time. If you just end up replacing the carpet twice every 3 years, already that will cost more than laminate floors, which could last 15 years or more.
Underestimating Cost of Repair
It's always going to be more expensive than what you planned. When you start remodelling, you begin to notice all the little things you never paid any attention to, especially when you begin opening up walls and looking under the house. You always find additional things that need repair. But again, it's better to get all of these things done now upfront than wait a few years and they maybe get worse and more expensive. Plus, you always get unexpected things that tend to come up modeling a place or you just decide to change things out as you go along. And maybe your ideas change.
1 comment:
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