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Home Remodelling & Renovation

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<strong>Home</strong> <strong>Remodelling</strong> & <strong>Renovation</strong><br />

Daisy Mark<br />

Bond University<br />

Abstract<br />

Many homeowners and investors renovate their properties with the objective of adding<br />

value and maximising their return, either in the form of a higher sales price for a residential<br />

property, or a higher rental income for an investment property. However, many Australian<br />

Gold Coast homeowners are also renovating their properties to better suit their lifestyles or<br />

to upgrade outdated fittings to reflect more modern designs and trends.<br />

If you want to remodel your new house, I think below mentioned all the renovation tips and<br />

tricks will help you in getting your dream house.<br />

I. Introduction<br />

Whether you’re looking to increase the property value of your home ahead of a sale or<br />

closing on a house you can’t wait to make your own, chances are there’s a renovation or<br />

remodelling project in your future. Which means you’ll have a lot of things to consider,<br />

not least among them how to find a contractor, how to mitigate costs, and, no less<br />

important, how to translate your ideas into reality. We tapped some of our most trusted<br />

renovation sources and combed our archives to bring you this compendium of power<br />

home remodelling ideas for every room, including tried-and-true advice from the experts,<br />

checklists to help you get started, and stunning before-and-after kitchen, bath, and living<br />

room transformations for inspiration. So whether you’re rev<strong>amp</strong>ing a space to make it<br />

more functional or simply more beautiful, this handy guide is your one-stop shop for all<br />

things home renovation.<br />

II.<br />

How the style of our homes has changed throughout the decades<br />

Australian House & Garden has been a fixture in Aussie homes since 1948, making this year<br />

their 70 th birthday. To celebrate, their April issue was all about the styles that dominated<br />

the last seven decades.<br />

THE FIFTIES: 1948-1957


It was a time where frozen foods were a new thing and Laminex was introduced. Welcome<br />

to the '50s!<br />

<strong>Home</strong> design had influences of Minimalist, Modernist design, with open plan, steel framed<br />

windows, louvre windows, butterfly and flat roofs featuring.<br />

Architects of the era included Robin Boyd and Harry Seidler.<br />

Palettes included coral pink, lemon, teal, turquoise combos e.g. watermelon, peony pink,<br />

spice brown, bitter yellow. Smoked versions of all these together.<br />

Cream was the base for mixed pastels, heritage shades of red, green, blue and gold<br />

altogether.<br />

THE SIXTIES: 1958-1967


Enter the swinging '60s, where Minimalism and Modernism continue.<br />

A-frame houses, exposed-beam ceilings, architecture-designed project homes, courtyard<br />

houses and clinker houses were en vogue.<br />

Exposed structural concrete, pavilion-style architecture, sliding internal timber wall panels,<br />

steel framed windows, stegbar aluminium sliding doors were all the rage.<br />

The '60s palette had brights in block red, orange, teal, turquoise, purple, lime, emerald.<br />

Architects big in this decade included Joern Utzon, Bryce Mortlock, Ken Woolley, Philip Cox,<br />

Leslie Walford, and decorators like Reg Riddell and Raymond Splatt.<br />

THE SEVENTIES: 1968-1977<br />

Moving into the '70s, we welcome split-level design. Exposed-beam ceilings and architectdesigned<br />

project homes were still, big but now there are Moorish influences that celebrate<br />

embellishment, along with Spanish and Mexican influences.<br />

Indoor/outdoor flow became an important design factor, and there was an inner-city<br />

terrace revival.<br />

Recycling building materials gained traction, and IKEA popularises with, flat-pack and flatpack<br />

kitchens becoming exciting projects.<br />

Palettes of this era were earthy and warm, including spice colours such as turmeric,<br />

cinnamon, nutmeg, paprika. Earth and ochre shades were also big.<br />

This decade saw white walls that had punches of bright colour…lime, red, cobalt blue, and<br />

40 shades of beige.


Lime green, fuchsia, turquoise, purple, avocado green -- people were not afraid of colour in<br />

the '70s. Texture was also important (just check those carpets, and we loved a good shag<br />

pile rug).<br />

Architects and designer names of this era included Marion Hall Best, Leslie Walford, Nola<br />

Charles, Barry Little, Babette Hayes, Bryce Mortlock, Ken Woolley, Philip Cox, Michael<br />

Dysart, Glenn Murcutt.<br />

THE EIGHTIES: 1978-1987<br />

Moving into everyone's favourite decade to forget, townhouses rose in popularity. Stucco<br />

and rendered exteriors flooded in, as well as designer kitchens.<br />

The garden became more important, and bi-fold doors were in fashion. An extension of this<br />

was the popularity of green living, such as solar panels and recycling, and energy-efficient<br />

housing.<br />

Other design notes include Plantation-style louvres, and the rise of Neoclassicism: pillars,<br />

glass bricks and curves.<br />

The colours of the '80s were defined by pink, peach, apricot, celadon and teal teamed with<br />

grey and white. But don't forget your “Hot-Shot” brights – including pink, yellow and aquainspired<br />

Ken Done.<br />

Sophisticated moody hues, such as night sky and storm, with red highlights were also big.<br />

On the softer side, romantic punchy pastels like rose, hyacinth, and primrose were popular.<br />

Natural Australian hues including bottlebrush, banksia, wild honey, sandstone and ghost<br />

gum were a stylish choice.<br />

There were also lots of Provence sunflower yellows, cornflower blues with timbers, nautical<br />

blues and whites and primaries as accent colours.


Architects, designers and other big names: Barry Little, Pia Francesca, Ruth Levine, Ann<br />

Gyngell, Tibor Hubay, Leslie Walford, Warren Head, George Freedman, Neville Marsh, Clive<br />

Lucas, Ray Siede, Allen Jack & Cottier, Guilford Bell, David Hicks (UK), Tricia Guild, Laura<br />

Ashley<br />

Retailers tapping into the passion for design also started to rise. They included Artes Studio,<br />

Arredorama, De De Ce, Design Warehouse, Designer Rugs and Robyn Cosgrove.<br />

THE NINETIES: 1988-1997<br />

Moving out of the '80s to the '90s, which, to be fair, was still pretty '80s, it was all<br />

about Industrial cool: warehouse conversions and minimalism (with lots of white and grey)<br />

were all the rage.<br />

Around this time, there was a revival of classic designer furnishings triggering knock offs.<br />

Retro '50s and '60s style is back with block contrasting colour, just fresher.<br />

Another design influence was Post-modernism, or the ornamentation on clean shapes.<br />

But there was also a Memphis influence, with New Country gaining traction. The<br />

corrugated-iron bark look was big, people.<br />

Smart homes made their debut (can you believe it?). Green houses, including recycling and<br />

energy efficiency are front of mind.<br />

In terms of the palettes, “Watercolour” hues were in, including (clean but not too vibrant)<br />

blues, geranium pinks, buttery yellows, greens -- and they weren't afraid to use all of these<br />

in juxtaposition.


“Calypso” and “punchy pastels”, richer, stronger versions used side by side. Muddier<br />

versions of popular colours, as well as rich aubergine, turquoise, teal, cobalt, and terracotta<br />

were au fait.<br />

Heritage green, red and beige, as well as neutrals with grey undertones were a hit.<br />

Architects and designers big in this era were Meryl Hare, Ruth Levine, Pia Francesca, Ros<br />

Palmer, Adelaide Bragg, Darryl Gordon, Leslie Walford, Geoff Lopez, Lindsay Clare, Burley<br />

Katon Halliday, Engelen Moore, Andree Putman, Marc Newson, Philippe Starck, Sir Terence<br />

Conran, Tricia Guild, and Martha Stewart.<br />

Retailers like Space Furniture, Euroluce and King Furniture made their mark on the design<br />

scene.<br />

THE NOUGHTIES: 1998-2010<br />

Just a decade ago, homes were featuring metal and glass to r<strong>amp</strong> up the industrial look, and<br />

it seems that hasn't waned in popularity.<br />

Small space living became a trend, along with indoor-outdoor rooms to maximise flow<br />

(something we're still all about today). Light became a feature in and of itself, and so walls<br />

of glass emerged in design.<br />

<strong>Home</strong> became known as a refuge.<br />

We began to see an east-meets-west fusion, as well as colonial and country with a modern<br />

twist.<br />

Open plan kitchens are another trend we began loving last decade, as well as the idea of<br />

your bathroom as a sanctuary.<br />

The home office became an important feature in homes, and more and more of these<br />

homes were smart homes and/or eco homes.


Minimalism was still alive and kicking, but Maximalism was also around: pattern on pattern,<br />

texture on texture.<br />

Palettes featured a lot of greys – from dove to charcoal. Mondrian colours like red, yellow<br />

and blue were also of note.<br />

Designers Guild had a big influence with its bright assemblies of aqua, lilac, purple and<br />

chartreuse.<br />

We also loved our earthy colours, especially with grey undertones, such as taupe and<br />

mushrooms.<br />

But there was an obsession with white on white, which could often be seen in the kitchen.<br />

III.<br />

Tips for buying a house to renovate<br />

Before you buy a house in Gold Coast with the intent to renovate, make sure you consider<br />

these tips.<br />

Make of list of your wants and needs<br />

When buying a house there is the obvious advice such as, don’t rush, do your homework,<br />

look around and don’t buy the first house you fall in love with.<br />

Before you set out on the house hunt create a brief, outlining what you are looking for, a<br />

wish list so to speak but be realistic.<br />

Be wary of already-renovated houses<br />

You also want to be careful not to buy something that has undergone previous work<br />

where you will be paying a premium for a renovation that isn’t to your taste and that you<br />

will want to change at a later date.<br />

Consider how much work you really want to sign up for<br />

Structural work is when the bills start rolling in, you need a house that just needs a face lift<br />

and doesn’t require moving the stairs, knocking out structural walls or large additions in<br />

the form of another story.<br />

We suggest finding a house that already has character as it will be generous, enabling you<br />

to create an interesting aesthetic with less effort and expense.


Weigh up the pros and cons of each house you view<br />

At the open house take photos and notes so you can return to them when comparing the<br />

properties you have viewed to weigh up the pros and cons of each. Compare all potential<br />

properties against your initial brief.<br />

Create a budget that includes costing for each renovation<br />

Be realistic when identifying the extra costs involved, such as maintenance, aspects that<br />

will need replacing and possible structural changes you may intend to do in your<br />

renovation. Calculate these proposed costs.<br />

The final step<br />

Before signing any contract it is wise to obtain a professional termite check and to contact<br />

a qualified building inspector to provide you with a full report on the property, ensuring<br />

you are not biting off more than you can chew.<br />

Have your builder provide you with quotes for all the work and renovations you want to<br />

make – you may choose to do some yourself but its good to compare how much it will cost<br />

to do it yourself or get a professional to do it.<br />

IV.<br />

Simple ways to elevate your home space<br />

Layer textures<br />

“This room was a study in texture because the color was monochromatic," says Katie Maine<br />

of Maine Design. "We wanted the room to feel really tactile. The bed has an antique<br />

Belgium throw at the bottom, the rug is raw silk, and the cabinet is a mix of oak, vellum, and<br />

leather. Taking things in the same color family but delineating them based on their texture<br />

feels rich and inviting without being loud.”<br />

Update traditional fixtures<br />

The key to this bathroom, Maine says, is the updated, eclectic mix. “We took a traditional<br />

marble and cut it up into a herringbone pattern to make it a little fresher. It's almost<br />

European with old-world elements but constructed in a more modern manner. The faucet<br />

gives it a fashion forward feeling.”<br />

Decorate with meaningful objects<br />

“This is the chicest mudroom you'll ever be in," Maine gushes. "Each family member has a<br />

built-in to put their things in. It's all about balance and a natural feel." She adds, "We didn't<br />

want the room to seem like we put a bunch of things that matched on the table, but we<br />

wanted it to feel like there was a story, as if the items had been collected by the family.


None of it is too old, none of it is too new, but there's a comfort and a soul to the<br />

arrangement."<br />

Marry antiques with playful touches<br />

"This rooms speaks to the idea that you can take an antique Italian cabinet and pair it with<br />

an Van Der Straeten l<strong>amp</strong>—that you can have those two worlds in the same room. You<br />

shouldn't be afraid to do that; it looks good and intentional," Maine advises. "The l<strong>amp</strong> is<br />

playful but still elegant and beautiful, and it takes the seriousness out of the room.”<br />

Go for a pull-out faucet<br />

True to his aesthetic, David Mann of MR Architecture + Decor loves the simple, upscale look<br />

of this modern room. “This kitchen is about the sleek lines and the finish," he says. "The<br />

faucet is a pull out—when you group functions like that together, it makes it even sleeker.”<br />

Add drama with small details<br />

“We selected the Van Der Straeten tables to add a layer of character: The scale was exactly<br />

right, but also, because of the thorns on the table legs, it added character to the room with<br />

everything else being so streamlined," Mann explains. "The space needed that.”<br />

Accessorize your ceiling<br />

Designing a home is a team effort, Mann says. "Lindsey Adelman’s work is absolutely<br />

extraordinary. One of the things that I love about working with her is that she personally<br />

ensures the piece we are putting in a room is like jewelry—she works on the scale with us<br />

and the quantity of the fixture heads so it really becomes the art of the room, as seen here.”<br />

Merge different aesthetics<br />

“Ludwig Mies van der Rohe is my idol and all things, in my brain, go back to him," Mann<br />

raves. "We were doing an apartment in a Stern building which had classical architecture,<br />

and we were bridging two design sensibilities. So in my mind, bringing this particular chaise<br />

in related right back to our own aesthetic, which kept it clean and simple. It also added a<br />

little bit of style.”<br />

Add warmth through handmade pieces<br />

“This was a new-build home that was kind of cold, so I needed to warm up the space and<br />

give it that California modernism," begins Peter Dunham of Peter Dunham Design. "I<br />

brought in a lot of organic, handmade things to warm up the space—like the handwoven<br />

curtains, the big wicker chaise, and the Nakashima-style table. The interplay of textures is<br />

also important to make the space interesting. The biggest thing to me was bringing in<br />

warmth in a modern vocabulary.”


Let the outdoors in<br />

It's important, Dunham continues, that the house match the surroundings. "I wanted to turn<br />

this Newport Beachhome on the water into a contemporary beach house, mixing in vintage<br />

light fixtures, California walnut wood countertops, and modern textures like the marble<br />

mosaic tile to make the space warm and inviting. The dining room and living room are open<br />

to each other, so they needed to have a continuous visual relationship." Specifically, he says,<br />

smaller elements like the faucet can pack a powerful statement and serve key functionality.<br />

“I tend to go for a gooseneck style faucet because of its pretty lines, and also for its<br />

functionality. The shape allows for more maneuvering in the sink when working in the<br />

kitchen.”<br />

Turn small spaces into reading nooks<br />

Multi-use spaces are also key to creating a thoughtful practice space with lots of style,<br />

Dunham says. “Here, we wanted to create something airy and bright; with all those funky<br />

slope ceilings that come with a tudor house, we made something much cleaner, to give the<br />

sense that you're up in a treehouse. The whole apartment is 400 square feet, so this little<br />

area created an opportunity for me to build in banquettes right under the windows. What I<br />

am always trying to do—and this goes back to my English roots—is to create definitive<br />

destinations to attract people, particularly close to windows where people naturally want to<br />

go. They spend time reading and working on their computer at that table.”<br />

Break up a large living room with extra seating<br />

“This living room was huge, so I created two or three different destinations within the room,<br />

this being the one closest to the fantastic view of Hollywood," explains Dunham. "The sofa<br />

pulls you into the room with its low back against the window, designed to encourage people<br />

to lean at an angle to talk and still see the view at the same time. The wicker chair—which I<br />

just love—turns to both areas. It's a big sculptural piece in the middle of the room, where<br />

there was once a no-man's-land between the fireplace and the view.”<br />

V. Great Ways to Bring New Life to a House<br />

1) Change Interior of your house- The exquisitive looks of your house will depend upon your<br />

smart choice of choosing an interior for your house. First of all, decide an interior theme for<br />

your house depending upon your personality and style. You could choose a same interior<br />

theme for the entire house or you could choose different themes. A better idea would be to<br />

choose a theme simple and neutral for some of the rooms of the house. If you need to take<br />

guidance and can rely and love the tastes of an interior designer, you can hire for one.<br />

2) Change the paint colours for walls- The best recommendation while choosing a paint<br />

colour is to look upon the facing of the windows and then altogether setting up a<br />

combination of colours based on the areas which receive sunlight and the areas which do<br />

not receive sunlight. If a window is facing towards east, a better choice would be to choose


cooler tones for that room. And if the window is facing towards west, one can go for<br />

warmer paint colours for those rooms. The choice of colours will make your home a perfect<br />

place for summers as well as winters.<br />

3) Add home enhancing decorations Plants can add to the bounty of your house. As they<br />

signify life. You can put plants both indoors and outdoors to enhance certain portions of<br />

your house. These are the type of objects that draw attention to themselves and they can<br />

be a subject of conversations for the first time visitors too. Curtains can be used to bare<br />

windows to give these areas a certain look. While looking up for curtains, you could go for<br />

light coloured curtains with intricate designs .Make a smart choice while choosing for<br />

curtains. It is recommended that you avoid see- through materials. A better option would be<br />

to go for elegant materials such as natural silk, linen and cotton.<br />

4) Go for crown moulding- Crown moulding provides a room a sense of completion. It brings<br />

the ceiling and the walls together which makes a perfect sense i.e making of a perfect house<br />

out of an old worn-out house. The added advantage of crown moulding is that it does not<br />

incur high costs.<br />

5) Hardwood is preferred over carpets- Wall- to -wall carpeting in a home is a thing of past.<br />

Though it is warm and soft , but it does not provide a gleaming look to your house. In<br />

modern times there is no way for carpets if one wants to give his / her house a sophisticated<br />

look and not an outdated one.<br />

6) Accesorize your home- Accesories at home makes a mediocre house look extravagant. It<br />

is one of the simplest and easiest ways of giving an old house a modern look. Putting gold<br />

mirrors, gold made accessories etc. can enhance the luxury of one's house. This is<br />

interesting and can make one's house a luxurious place. Everyone wants to design their<br />

house in such a way which reflects one's style and personality. So it is a fruitful way to<br />

exhibit your luxurious lifestyle.<br />

7) Separation of space according to requirements- Privacy is an important aspect of one's<br />

life. Unlike the old house systems where most of the activities used to take in one place, the<br />

separation of spaces according to one's requirement out of old spaces is preferred in<br />

modern times. This can be made easy by making study room, other activities room a<br />

separated ones. Look you are renovating your house for comfort, so don’t forget to bring<br />

these changes which are a preliminary ones for enjoying comfort. Life can be made better<br />

this way!<br />

8) Remodeling the Kitchen- Most people consider the kitchen to be the heart of the home,<br />

and because of this, updates in this room pay off. According to HGTV, you can expect to<br />

recoup 60%-120% of your investment on a kitchen remodel, as long as you don’t go<br />

overboard. You should never make your kitchen fancier than the rest of the house, or the<br />

neighborhood.<br />

Why You Shouldn’t Invest in a Deluxe Kitchen


For ex<strong>amp</strong>le, a historic home in my neighborhood has been on the market for more than<br />

two years. During the owner’s last open house, I went in to check it out, and immediately<br />

saw why the house hasn’t sold. The quaint Arts and Crafts style home was built in 1900 and<br />

has a lot of charm. Unfortunately, the homeowners had invested over $60,000 upgrading<br />

the kitchen.<br />

The enormous kitchen, easily the size of the living room, features appliances and<br />

countertops that might look more at home in a fancy restaurant kitchen. The style, size, and<br />

quality of the kitchen don’t fit in with the rest of the house, or the neighborhood. If you plan<br />

on selling your home within the next five years, keep potential buyers in mind before you<br />

start on any major remodel; many people won’t pay for a fancy, deluxe kitchen.<br />

A Little Paint Goes a Long Way<br />

When it comes to how much you spend on a kitchen remodel, prices can run the gamut,<br />

from $5,000 to $75,000, or more. Get the biggest bang for your buck on a kitchen remodel<br />

by looking at color. Fresh paint, in modern colors, can go a long way towards updating the<br />

look of your kitchen. Plus, paint is relatively cheap.<br />

You might want to consider using low-VOC paint; this makes your kitchen more eco-friendly,<br />

and helps your family avoid breathing in dangerous chemicals, like benzene, that off-gas<br />

from regular fresh paint.<br />

Energy-Efficient Appliances<br />

Replace old appliances with energy-efficient models. Energy Star-rated appliances are better<br />

for the environment, and they also help you save money, because they use less energy.<br />

Potential buyers often look for ways to save money when shopping for a new home.<br />

If you’re looking upgrade your appliances to save energy, learn more about the the best<br />

time of year to buy large appliances.<br />

9) Making moderations in bathrooms- If your home only has one bathroom, you can recoup<br />

a large chunk of your investment by adding another one. HGTV estimates that you can<br />

recoup 80%-130% of whatever you spend adding a bathroom.<br />

When it comes to finding room in your house for an extra bathroom, take a look at any extra<br />

rooms or underutilized spaces. Consider other spaces, such as closets or areas under the<br />

stairs, too. If you want a half-bath you need at least 18 square feet. If you want a full bath,<br />

including a stand-up shower, you need at least 30 square feet. If you want a bathtub, make<br />

sure you have at least 35 square feet to work with for a bathroom addition. See these<br />

bathroom design and remodeling ideas to get you started.<br />

Like any project, the cost of adding a bathroom depends largely on the types of additions<br />

and accessories you want to use, and the cost of each of these items. You can save money<br />

by frequently checking Lowe’s and <strong>Home</strong> Depot; they often drastically reduce prices on<br />

sinks and toilets that have been floor models. You can also find great prices on tubs, doors,<br />

toilets, and fixtures if you shop at a Habitat for Humanity Restore.


10) Energy-Efficient Insulation<br />

If your home lacks basic insulation, and has old doors that let in plenty of hot and cold air,<br />

home inspectors working with potential buyers will include this in their reports. <strong>Home</strong>s that<br />

haven’t been modified with energy efficiency in mind cost more to live in and maintain.<br />

Updating your home to save energy doesn’t have to cost a lot of money and can make your<br />

home more appealing to potential buyers. You can save $2,500 or more each year just by<br />

making some changes. For ex<strong>amp</strong>le, you can add extra insulation to your attic for $200 or<br />

less, and this small change can save you hundreds each year on your utility bill.<br />

Seal cracks around the house to save even more money on energy costs, and to make your<br />

home more appealing to buyers. The U.S. Department of Energy (USDE) estimates that the<br />

average house has enough leaks to equal a 3×3 foot hole in the wall. You can find leaks in<br />

your home during the winter. Anytime you feel a draft or cold spot, you’re in an area that<br />

leaks air. You can purchase a thermal leak detector for $40 or less (e.g. Black & Decker<br />

TLD100 Thermal Leak Detector). These handheld devices alert you to temperature<br />

differences around your home. This then allows you to add caulk or insulation where you<br />

need it the most.<br />

You can often discover leaks, and areas that need more insulation, in these areas:<br />

<br />

<br />

<br />

<br />

<br />

<br />

Around doors and windows<br />

Around electrical sockets and light switches<br />

In recessed lighting<br />

Around the attic hatch<br />

In the basement<br />

Anywhere ducts or wires go outside the house<br />

Another easy retrofit is to use CFL light bulbs in all light fixtures. CFL bulbs use 75% less<br />

energy than traditional bulbs and each one saves, on average, $40 in energy over the course<br />

of its lifetime. You also save on cooling costs because CFLs emit 75% less heat than<br />

traditional bulbs. You can easily calculate how much you can save simply by counting the<br />

number of lights you have in your home.<br />

You can also install a programmable thermostat. Most buyers expect to see programmable<br />

thermostats these days, and they can save you money. Energy Star estimates that installing<br />

a programmable thermostat will save the average homeowner $180 per year in heating and<br />

cooling costs.<br />

If you need to replace your hot water heater, consider spending a bit extra to purchase a<br />

high-efficiency water heater. Savvy home buyers know these water heaters can really trim<br />

energy bills. If you use less than 41 gallons of water each day in your household, a tankless<br />

water heater saves you 24%-34% on your water heating costs. If you use more, count on a<br />

savings of 8%-14%.<br />

11) A place for recreation- Recreation is becoming a fundamental concept existing in one's<br />

life. But people mostly visit recreational places like park, zoo, museums, theme parks etc.<br />

for recreation. How is the idea of having recreation at home? Don't get surprised! It's a


trend now. In earlier times, this idea probably wasn't much popular. But now – a – days,<br />

building a place for recreation in houses is in trend. Building swimming pools, indoor games,<br />

Gyms, home theaters etc. in houses serve the purpose of recreation in home.<br />

VI.<br />

Major renovation mistakes<br />

1: Not researching<br />

Many renovators base their property price research on causal searches on real estate<br />

websites. They see that similar homes in their area are selling for good prices, but they fail<br />

to take into account that different streets within suburbs can have very different price<br />

thresholds.<br />

Neighbouring homes can have an effect on your final sale price, especially if they have very<br />

poor street appeal. Always think about your intended market and the demographics within<br />

the local area.<br />

2: Underestimating costs<br />

One of the biggest mistakes many renovators make is underestimating their project costs.<br />

Getting quotes on the cost of building materials is a start.<br />

But have you factored in architect's fees, local council fees, labour costs, professional fees,<br />

the cost of unexpected delays, additional contingency costs for problems found during<br />

renovations, GST and other taxes? Most people don't think about these elements, which can<br />

cause them to blow out their budget.<br />

3: DIY projects<br />

While DIY projects can be a good cost-cutting tactic, it’s important to remember that there<br />

are some tasks that are best left to the professionals. If you undertake DIY projects yourself<br />

and aren't competent, you may have to spend money fixing faulty work further down the<br />

track.<br />

4: Not sticking to a budget<br />

A shortage of funds may mean that you’re unable to finish the project. If your renovation<br />

isn't completed you won't be able to sell the property at the profit you initially anticipated.<br />

While it’s tempting to opt for luxurious fittings or finishes, try to stay within the parameters<br />

of your budget.<br />

5: Renovating the wrong elements<br />

A common problem with many renovations is that the owner has spent money renovating<br />

the wrong elements, and chosen options that are unlikely to add value to the property type<br />

and location. To avoid this, ensure that you engage in thorough market research and consult


professionals who can guide you through your renovation planning. Generally, you should<br />

avoid spending the bulk of your budget on low-traffic rooms or areas that are not used<br />

frequently, such as a guest bedroom or laundry.<br />

6: Underestimating the disruption factor<br />

While the thought of a modern and completed renovation is exhilarating, you need to<br />

carefully consider the reality of the project in process. A large-scale renovation can be noisy<br />

and disruptive to family life.<br />

7: Selecting a builder based on price alone<br />

While it is always tempting to go for the lowest quoted price, you need to consider the<br />

implications of doing so. Does the builder have the required experience? Will they provide a<br />

warranty on the project?<br />

VII.<br />

How to save money on home renovations<br />

1. Increase efficiency, not size.<br />

If you can reorganize and equip your kitchen for maximum utility, you may not need to blow<br />

out the walls to gain square footage. Start by replacing space–hogging shelves with cabinet–<br />

height pullout drawers 8 inches wide, containing racks for canned goods and other items.<br />

2. Bring in natural light without adding windows.<br />

Before cutting a big hole in the side of your house and rearranging the framing, consider less<br />

invasive—and less expensive—ways of capturing light. To brighten up a windowless bath or<br />

hallway, for instance, you can install a "light tube," which slips between roof rafters and<br />

funnels sunshine down into the living space.<br />

3. Hit the recycling center.<br />

Do–it–yourselfers can reap big savings with recycled or lightly used fixtures and building<br />

materials.<br />

4. Donate your trash.<br />

Before you begin a remodeling job, invite the local Habitat for Humanity chapter to remove<br />

materials and fixtures for later resale.<br />

5. Do your own demo.<br />

Knocking down may not be as costly as rebuilding, but you can still shave dollars by doing<br />

some of the demolition yourself—as long as you proceed with care.


6. Consider long–term costs, not just short–term gains.<br />

If your addition calls for clapboard siding, for instance, you can save more in the long run by<br />

ponying up now for the preprimed and prepainted variety.<br />

7. Tap your contractor's sources.<br />

When it comes to things like flooring, ask your subcontractor if he has odds–and–ends stock<br />

left over from other jobs.<br />

8. Limit recessed light fixtures.<br />

"The more recessed lights you put in, the more it's going to cost," says Tom Silva, This Old<br />

House's general contractor. In addition to the fixtures, there's the labor to cut all the holes<br />

and insulate them properly.<br />

9. Consult an architect.<br />

Depending on the scale of your project, you might not need a full–on architectural<br />

commission, which involves extensive meetings, multiple job–site visits, and several sets of<br />

construction drawings, to the tune of about 8 percent of a project's construction budget.<br />

10. Partner with a contractor.<br />

Though the practice is controversial among the trades, some contractors will offer<br />

consulting and mentoring services to skilled do–it–yourselfers on an hourly basis.<br />

11 . Plan with stock sizes in mind.<br />

"Ask yourself, 'Why am I building something 10 feet wide if plywood comes in 4–foot–wide<br />

sheets?'" says Lisa Stacholy, of LKS Architects, in Atlanta.<br />

12. Make decisions early.<br />

Start prowling the aisles at the hardware store or home center way before the wrecking<br />

crew shows up. Get a good feeling for what you want in fixtures and appliances and what<br />

they cost.<br />

VIII.<br />

Conclusion<br />

“Renovating isn’t for the faint hearted but its well worth the effort, especially when you get<br />

the property revalue and you can see the difference you’ve made to the value of your<br />

house.”<br />

You have many options for home improvement projects that add value to your home.<br />

Remember that home improvements don’t pay off like they did in 2004-2005, when the<br />

housing market peaked. If you plan to remodel, concentrate your efforts on smaller projects<br />

that make your home more appealing to budget-minded buyers. Focus on energy<br />

efficiency and small upgrades that add character and comfort to your home.


IX.<br />

References:<br />

Finder. (2018) The guide to successful home renovations | Finder. Retrieved 12 June, 2018,<br />

from<br />

https://www.finder.com.au/renovating-your-home<br />

Sonia Taylor. (2018) How the style of our homes has changed throughout the decades |<br />

Honey-<strong>Home</strong>s. Retrieved 12 June, 2018, from<br />

https://homes.nine.com.au/2018/04/03/14/22/house-and-garden-70-birthday-styledecades<br />

BetterremovalistsGoldCoast. (2017) End of Tenancy Moving Tips | Better Removalists Gold<br />

Coast. Retrieved 12 June, 2018, from<br />

https://www.betterremovalistsgoldcoast.com.au/end-tenancy-moving-tips/<br />

<strong>Home</strong>stolove (2016) Tips for buying a house to renovate | <strong>Home</strong>s to Love. Retrieved 12<br />

June, 2018, from<br />

https://www.homestolove.com.au/tips-for-buying-a-house-to-renovate-2942<br />

Frances bailey (2017) simple ways to elevate your space | Elle Decor. Retrieved 12 June,<br />

2018, from<br />

https://www.elledecor.com/home-remodeling-renovating/homerenovation/g9978563/how-to-redecorate-experts/<br />

Heather Levin. (2015) <strong>Home</strong> Improvement & Remodeling Ideas that Increase <strong>Home</strong> Value |<br />

Money Crashers. Retrieved 12 June, 2018, from<br />

https://www.moneycrashers.com/7-home-improvements-to-increase-its-value/<br />

James Glave (2017) Ways to Save On Your Remodel | This Old House. Retrieved 12 June,<br />

2018, from<br />

https://www.thisoldhouse.com/ideas/21-ways-to-save-your-remodel-0

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