How To Plan Your Next Renovation Project

Budget

What is more exciting than renovation talk? But real talk, when you renovate unless you have bottomless pockets, there’s always going to be that hard decision as to what you want and what you can actually afford. When you’re planning what to do, the process is characterised by adding up the cost of what you want to do and then having to remove items from your scope. In that way, this process is bit of a feedback loop where you go back and forth until you get to the right amount of work for a price you can live with. Here’s a little guide to help you through it.

The 3 essentials questions you need to ask yourself:

  1. What is my budget? ( Consider a broad budget and include 20% of contingency)
  2. What do I want to do? ( Gather inspiration or create a mood board)
  3. How much will it cost? ( Talk to a builder or do some research online)

Once you’ve come to a decision in which you can afford, your next steps are Finding a team – Confirm costs – Get started on renovating !!!!!

Where do you find renovation prices

Often when you start renovating you have, like, ZERO idea of what it ‘s going to cost.  So it’s easy to say ‘work within your budget’, but if you have no idea what your budget can get you it can be a bit confusing. So, once you’ve decided what you can afford to spend, it’s time to work out what that will get you, even in just a broad sense. This is when it’s a great idea to get in touch with a builder and understand prices. Google is also a great way to research some of these costs, whether it’s materials or labor.

 

Gather Inspiration

The fun part! Time to put together some ideas for how you want your space to look and feel once it’s done. To do this, you’ll have to spend some time putting together ideas and pulling imagery reflecting both the structural elements you want to see as well as the decor. Create some mood boards, pin ideas on Pinterest, pretty much everything that inspires you.

 

Create & Refine Your Scope

The next step is to refine the ideas into actual elements that you want to see, designing the space and the elements that would be in it. This will become a bit of a wish list for the house, which is essentially a scope of works. At this point, it’s a good idea to get an idea of the broad costs associated with your plans, and one way to do that is to get in touch with a builder or consult the internet. This stage will often be a process of going back and forth but it’s worth it to get it right.

 

Designing Your Space

Once you’ve finalised your scope, it’s time for design! Depending on the project, you might need detailed drawings like layouts and cross-sections. You can develop drawings for using an architect, but that said, depending on the scale of your renovation you don’t always need drawings. The bigger and more complex the project the more you should consider drawings. A builder can often do a renovation for you without them just going by eye and communication – although in this case you often won’t get the perfect finish (but it might be worth it if your money is tight).

 

Picking Your Team

Chances are you’ve already been in touch with a builder in the previous stages, and that person might be the perfect fit for you. If not, at this point it’s a good idea to work out who you will need, depending on the tasks that need doing, and whether you will manage them yourself or have a builder manage the whole team for you. If you can, contact a few with your plans and get a number of itemised quotes so you can compare. If you can see some examples of their work that will be handy too, so you can compare the finished product with the costs.

Final Cost

Whether you’ve secured the builder already or are planning to compare quotes from a few, you’re going to need a detailed cost breakdown of what you’re planning to do. This is where you will see if your budget is too tight, which means you might need to drop a few things off our list, and tweaked the materials.

Get Started

Once you have agreed on the scope and the cost, it’s time to get started!

 

 

Renovations can be a bit scary because there are so many unknowns, but if you follow a bit of a process you’ll find that things come together. Are you planing any renovation projects soon?

XO

 

 

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