Have you recently purchased a home that requires a little TLC to take it from “steal of a deal” to “homeowner’s paradise”? Are you ready to invest in your family home and breathe new life into a tired space so it can shine like new again and give you optimal comfort? At Peak Improvements, we know how renovations, big and small, can transform your space and create the house you’ve always wanted. If you’re one of the many homeowners that are in the process of preparing for a larger scale renovation (multiple rooms or floors, for example), you may find yourself facing a few difficult questions when it comes to budgeting, where to begin, and how to make the most of your long term plan.
The good news is, even if you’re feeling a little lost, Peak is here to help! With decades of experience under our belt and a diverse portfolio of previous projects, in-house design services, and a foolproof build process on our side, large-scale renovations are a breeze with our team. To help you focus on a few factors that make a big difference when planning a whole home reno, we’ve compiled a quick list of tips below. Read on to learn more!
Budgeting for the Future
If you know that there are multiple areas of the home that need to be overhauled before you can consider your renovations complete, one of the trickiest parts to be planning is building an initial, as well as a final budget. Not only will you need to know what you have available for the present, but you’ll also need to keep in mind the extensiveness of your desired changes as well as what funds you’ll have once you reach the next phase of development (more on that below).
When budgeting, it’s important to keep in mind that different rooms, as well as different desired changes (adding basement plumbing, tearing out existing electrical work, etc), will all have a unique set of variables involved that will lead to fluctuating price estimates, as will the materials and fixtures you choose to incorporate. For this reason, your best starting point is to sit down together and make a detailed plan of everything you’d like, broken down from room to room in as much detail as possible. Even though some of these elements may change over time, coming in with as clear of a picture as possible will make it far easier to get a more accurate estimate of what you can expect to spend and allow you to plan accordingly.
Build In Phases
If you’re doing an extensive overhaul to your property, in most cases you can expect to do so in phases in order to decrease the disruption to your daily lives, as well as extend the longevity of your budget. You’ll want to keep this in mind as you build out your overall plans and prepare yourself to be patient as there’s a high likelihood that certain areas may take a little longer than you might anticipate once your contractor is able to take a closer look and see what all is required to proceed.
Deciding Where to Start
Every renovation, just like every home, is unique, so there’s no one “perfect” place to start in the home. While you may wish to tackle the most disruptive renovations like a kitchen or entire floor overhaul all in one go, we highly recommend sitting down with your contractor to discuss your plans, as well as the realities of your day to day routine and budget to figure out what course of action works best for you. One of the benefits of working with Peak Improvements, in particular, is that we offer a Guaranteed Price + No Surprise contract, which means that, once you sign on the dotted line, you have the peace of mind of knowing that your spending won’t change and there are no nasty surprises headed your way!
Tomorrow Starts Today!
Finally, when handling all of the aspects mentioned above, you’ll always want to keep the future in mind. While you can build from room to room and meet your needs in the present, the most successful home renovations are those that build for the future as well. Consider adding a few age-in-place safety features, investing in high-quality materials, and giving yourself the peace that comes with knowing that your home is here to serve you for decades to come!
Build With Peak Today!
Peak Improvements is your premier home renovation specialist throughout the Edmonton Capital Region. With decades of combined experience, our team works closely with YOU to make your dream renovation a reality. Contact us today to learn more!
