Page 7 - Smartline eBook - Upgrading your home
P. 7

Plan ahead
Make sure you know exactly what you want in your new home and get detailed quotes so that you know what it will cost. Based on your circumstances and lifestyle, prioritise the ‘must haves’ over the ‘nice to haves’ when looking at costs. Be realistic and include a 10–20 per cent buffer in your budget.3
Will you be happy with the end result?
Renovations leave you with part of your original home, so if the overall condition of your home is poor, or the property is old, be careful. Does the unrenovated part of your home have the potential to cause ongoing problems such as cracking, leaking or sloping floors? Aesthetically speaking, will the original section blend easily with the renovated areas? You don’t want to spend a lot of money only to be dissatisfied with the end result.
Research your builder
Make sure you only consider builders who are experienced in the type of rebuild or renovation you want; ideally look for a specialist in the type of build you are doing.
Critically, ensure your builder holds the correct licence, permits and insurance and find out whether they are the subject of complaints or are a party in any disputes. You can check this with your state or territory’s relevant government building authority or consumer organisation.
  3. www – Guide to successful home renovations Upgrading your home 7

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