So, something that was mentioned by me in an earlier blog post was building a new home or even rebuilding an old one it if needs be, so I wanted to make a separate blog post on it. The fact is that while it can be cheaper to actually just build a new home, sometimes it is cheaper to rebuild or renovate it. It can also be better to just plain easier and better to renovate it. Just because you want a new home does not necessarily mean you have to destroy your old home. You can simply just renovate your old home already as if is already what you are used to, and most of the time people have an idea of what they want their new home to look like based on what their own home looks like. That’s exactly why you could instead just build that new home around your old one and get the best of both worlds! I actually have a friend that is a carpenter, and their company South London Carpenter’s does a lot of work around renovating homes, so they are very experienced. But the fact is, you can create your dream home from renovating an old property as opposed to building or rebuilding one. So I’m going to give a few small tips on what you can do to make the process a lot easier for you.
Assessing a project
Just because you have a project in mind does not mean you should not plan ahead. The majority of old properties have potential to renovate, but you ne e dot note that the key is to assess financial potential and designs before you commit to the project itself.
Completing the deal
What you need to remember is that there is a really high demand for properties which need work done, and everyone wants to create their own project on which they can do themselves. What you need to keep in mind is the amount of possible ways to actually purchase a property. You can always access auctions, sealed bids and even look into financing the purchase with a renovation mortgage.
The design process
Now, although we briefly touched on this part of the post earlier, there are many different processes you can go through. One of the examples is finding a designer for your project, helping you to find out how much to pay for the design work. They will also help you to avoid the renovation design mistakes, consider energy efficiency within the project and talk you through the planning permission steps.
Restoring and repairing existing property fixtures
One of the main attractions for renovation projects is to build around the original features that the property possesses which are charming. That is why it is important to ensure that while you renovate, repairing and restoring these fixtures are always included. Factor in the addition budget that it would cost to make these repairs such as fixing the flooring or roofs, doors, windows and even beams.
You should factor in decisions such as if you would like to add in space, or change the spaces that you already have such as garage conversion, basement conversion or even loft conversion. You may have to change the structures or do internal remodelling, and the cost of these changes must be planned.
Now, another thing that you need to focus on is that changing the external details of the house can make it look entirely different, and in turn you may feel entirely different also. So again, as long as you find out a way to realistically budget these changes, new roofs or driveways are easy to complete!
Now sometimes if you can afford to, you may decide to extend the home by adding new rooms completely. You will need to make sure that you cover the extension costs, permission, building regulations, designs and even if your building is Listed and can actually be extended.
Updating heating and Electrics
Before your project has actually been started, make sure you know you can do it yourself, what work is involved and how much it may cost, as an old house will most likely need heating or electric being updated.
This is essentially ensuring that the property becomes properly energy efficient. It will mean that your home will look more economical and overall attractive.
Finally, once the structural work has been completed, now you start the furnishing and finishing the property. Essentially, ensure that you know the plan for your woodwork, flooring and walls.
These are the simple steps for your new renovation, but if you need more information on any subject just let me know!