Whether you're thinking of doing a small reno or complete overhaul, check out these helpful tips to consider before you start!
Choosing to renovate your home is a big decision and can be a huge commitment. It is important to make sure that you are well informed and aware of the things you may need for your renovations to be successful.
The costs of renovating a property vary and depend on a number of factors including the size of the project at hand. Consider these tips for planning your home renovation before you start:
Do-It-Yourself or Call in the Experts
Decide whether you are going to hire professionals or do the renovating yourself. Hiring others to do the work for you may be more expensive, but if you are an inexperienced renovator, it may be the best option for you.
Choose The Right Finance Option
Your home renovations may need significant funding and it is essential that you are prepared for the potential costs. If you are thinking about getting a loan, make sure you do your research to identify which deals suit you best. BOQ offers a range of loan options and advice for first-time renovators.
Make sure you look closely at your local council guidelines so that you understand what you are allowed to do, and you get all the necessary approvals before you start.
Make a Plan
Always have your remodelling intentions mapped out. An effectively planned renovation can save time and help things stay on schedule.
Think about the value that your newly renovated property will have due to the remodelling. Don't forget that you are not only renovating your home for yourself, but also for potential buyers in the future.
For more information about home loans and personal loans available from BOQ, please visit www.boq.com.au