Whether you’re the kind of person who goes into a renovation excited or filled with anxiety, you should give yourself the time to carefully think through all the important decisions you’ll have to make throughout the process. To avoid spending money on choices you’ll regret, here are some questions to ask yourself as you consider your next home update.
How and when will you use the space?
Think carefully about why you want to renovate in the first place and be realistic about how much use the room will get. How often will you use the home gym, or how much use will the kids’ playroom get?
How are you going to pay for this?
No one should have to regret their reno, but spending can easily get out of hand. Be sure to set out a budget beforehand and consider expenses. Having a plan and a solid idea of what you can afford is always best, even if you deviate from it during the project.
Does return on investment really matter to you?
Some updates are better than others for resale value and securing more equity in your home. For resale, a fresh coat of paint is the best reno you can invest in for ROI. Updating the kitchen or bathrooms is costlier, but can add that wow-factor when trying to sell in a challenging market. While you shouldn’t base your reno plans based on ROI alone, it’s worth considering so you go into the project with a realistic mindset.
If you are planning any home improvement projects and renovations, come in and talk to our design experts today. We are ready to help you choose the right products to create your dream home. Cabinets, faucets, flooring, paint and more, we have everything you need at all three of our locations – RONA Dutton, Rodney and Springfield.
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