Not only will you save time otherwise spent on house hunting, but you can also save funds you would otherwise spend on a down payment and closing costs. The following suggestions can help you make your dream house come true!
Establish a Budget
Before jumping into the aesthetic fun of designing your home’s changes, give some thought to the budget you will have to work with. Set up a realistic plan of what you can afford to spend. You might have a savings plan arranged specifically for this purpose. Alternately, you could possibly open a home equity line of credit based on your home’s current value. Some homeowners take on a temporary second job to earn income toward a major home refurbishing project. A sensible budget will help you decide which materials to use and how to prioritize desired amenities. Then you can proceed with peace of mind.
Create a Blueprint
Depending on the nature of your planned renovation, you might actually need a blueprint from a professional architect, or you may be able to download a computer app that will help you do it yourself. Adding on a major extension to your home, such as a family room, a second story, a finished basement, or a patio may require formal plans. Less detailed renovations, such as adding beveled windows or other window treatments don’t usually need a blueprint. However, any type of project is more likely to succeed when the specific work is designated, along with limits.
For example, if you plan to refinish the basement by turning part of it into a recreational room, your original plan might be to put up wallboard, paint the ceiling, and lay carpeting, all of which fits within your planned budget. Then as you get into the project, you might start thinking about ceiling fans, decorative lighting, and putting up a new wall to divide the room. However, you soon realize the extra work exceeds your budget and will eat up all your vacation days. Decide in advance what work you will do, leaving add-on projects for the future.
Explore Possibilities
Visit new home or renovation expositions at seasonal home and garden shows for ideas. Browse local model homes to study the newest decorating styles. Leaf through house decorating magazines and architectural publications to see the latest innovations. You can also contact builders in your area to ask questions and request information. You might be surprised to learn that adding a renovating the kitchen isn’t as expensive as you thought.
Get Creative
If you plan to keep your home for many years to come, this may be the time to do all the things you’ve always wanted to with it. Paint the spare bedroom you’re redoing in your favorite shade of lilac or neon orange. Add track lighting to your office area to brighten your workspace. Plant rose gardens in the newly-landscaped backyard to remind you of your grandmother’s garden.
If you enjoy sewing, make new draperies for the refinished sunroom. Experiment artistically to design a mural for the inside garage walls. Make bird houses to hang in the freshly-planted spruce trees. Whatever your personal interests and talents, this is the time to give them full reign as you make your home exclusively yours through your creative renovations.
Owning a home is one of the main goals of most of us. Getting the opportunity to remodel part of it can be tremendously gratifying. Have fun with yours!
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