When my wife Lisa Marie and I decided to renovate our home, it was a huge learning experience for me. We added a second story, so it was quite the project. A renovation can add great value to your home, not only for resale, but also for your own enjoyment as you benefit from living in your dream space. When we were planning our reno, we also made sure that it was our forever home and that we were building it with accessibility in mind.
If you’re thinking of a renovation, there’s a lot to consider before starting the work. Here are a few things to keep in mind as you begin to plan your renovation.
Set Your Budget
Be realistic about what you can afford to spend, but don’t be afraid of the price tag. Choosing to spend more money on certain materials can give you a home that will last longer, saving you money in the long run. And be prepared for unexpected issues and costs. When refinishing my basement, we discovered significant cracks in the foundation that could not be ignored. So make sure you give yourself a buffer for any unexpected and costly surprises that might be revealed during your renovation.
Prioritize Your Renovation
It’s important to take care of the bones of your home first. Things like the structure, plumbing, electrical systems, or HVAC are what’s most essential to your home’s well-being. What good is your dream basement if you have cracks in your foundation? Renovate it right, and working from the outside-in is key.
If your last renovation focused on the outside and you’re now ready for beautifying the inside of your home, don’t cut corners to save money. If your dream counter tops and tiles are still out of your budget range, continue to save your money a little bit longer. I know I sound like my dad when I say this, but do it right the first time. Settling for anything less than what you want will mean spending money on a redo in the near future. Not only is this a waste of money, but it’s also a waste of material that we don’t need to put into landfills. Here is a guide on how to prioritize your renovation.
Hire a Good Contractor
If you think it’s expensive hiring a professional, wait until you hire someone pretending to be one! You’ll end up spending more money having the right person come in to redo the shoddy work. Spend the time and do your research. A renovation is a huge investment, so you’ll want to make sure you have the right contractor for the job. Interview as many contractors as you can. Ask for references; you’ll want to check in with previous customers to find out what it was like to work with the contractor. Ask plenty of questions: Was the project completed to scope? Has their work stood the test of time? Make sure your contractor provides you with a detailed contract that is tied to milestones rather than dates. And don’t forget those permits! Things like structural changes, or relocating of plumbing or electrical will need permits. A good contractor will be well aware of these things. Try to avoid cash jobs; contractors should include their business number on the contract.
Live Offsite
Living in a renovation is one of the most difficult things about a renovation. My dad, Mike Holmes, doesn’t call it “divorce dust” for nothing! A reno will bring about lots of stress and emotions, and even more so if you’re still living in the space. If possible, budget to live somewhere else during the whole process. Not only will it be better for your relationship, but you don’t want to be breathing in all of the demolition dust and VOCs from the products being used.
About Mike Holmes Jr:
Mike Holmes Jr. is a skilled contractor, home renovation expert, and TV personality, following in the footsteps of his father, Mike Holmes. With a strong passion for quality construction and craftsmanship, Mike Jr. has worked on numerous renovation projects, gaining hands-on experience in the industry. He co-hosts Holmes and Holmes alongside his father, where they tackle challenging home renovation projects, showcasing their expertise and dedication to doing things right. Committed to educating homeowners, Mike Jr. emphasizes the importance of proper building techniques and safety, ensuring each project is completed with the highest standards.