Biggest Renovating Mistakes

October 3, 2012

Renovate to Sell

These expert tips from PropertyTutors.com will you help avoid the most common mistakes when renovating your investment property or home.

From ignoring the basic prep work and safety, to setting unrealistic budgets and selecting the wrong fixtures. Find out how to avoid making these mistakes on your own projects.

Biggest Mistakes

  • Gutting Everything – Start with a plan before you start renovations, you don’t want to go in and just rip everything out, you might be able to work around some areas and if the floor plan is logical, do not change it for the sake of it.
  • Using Cheap Materials – A big mistake people make when it comes to home renovation is they try to be cheap when they buy materials. But that old adage of you get what you pay for is really true. You do not have to go for top of the line designer names, but using simple, classic and quality fittings and materials is a good idea. If you are renovating as part of a property investment nz strategy then consider negotiating with suppliers for your business.
  • Not Doing the Prep Work – Measure twice and cut once and do it right do it once are both so true when it comes to renovation.
  • Putting in a Small Bathroom – If you have to have a small bathroom, pick the right fixtures, you can buy low-profile toilets and narrower sinks. Never try to put full-size fixtures in a small bathroom.
  • Ignore Lighting – dealing with lighting as an afterthought, the lighting in a home can completely change the colors, the feeling, the ambiance. There are three main types of lighting: general lighting, task lighting and drama or accent lighting. You need a combination of these to make the most of your renovation.
  • Being Too Trendy – people often make the mistake of jumping on the hip and trendy bandwagon, by selecting the latest things. Trendy often means short term, it is far better to go for colours and finishes that are more classic and will stand the test of time.
  • Building Narrow Halls and staircases and small doorways – bigger is always better when it comes to doors, hallways and stairs.
  • Ignoring Your the Style of your house – If you are renovating a Spanish style home then you need to keep your new design and renovating sympathetic to this style.
  • Overcapitilising – This is often the biggest mistake people make when they’re trying to figure what the return on investment is going to be. Do your homework on ceiling prices for your area, cost your work out and stick to budget.

For further reading on Property Investment NZ, click on the articles below:

Setting Goals for Financial Independence – click here

Tips for Becoming a Property Expert – click here

Buying Rules for Property Investment – click here

5 Tips to Add Value through Renovation – click here

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