Kittiphan / Adobestock
For some homebuyers, it makes sense to buy what’s known as a fixer-upper, a home that needs work. Fixer-uppers are appealing because they sell for less than move-in ready homes, and, in some areas, the demand for move-in ready homes leaves fixer-uppers as the only option.
Being prepared to renovate your fixer-upper into your dream home is important. New homeowners may want a transformation overnight, but rushing into renovation projects can be counterproductive. Here are a few reasons to ease into renovations instead of jumping in headfirst.
Recover from Moving
The process of moving isn’t fun—packing, transporting, and unpacking is exhausting. Take the time to unwind and rejuvenate your energy before starting your first project. Renovations are stressful, so make sure you’re in the right frame of mind before starting them, and make sure to take breaks. If you spend every evening and weekend working on your home, it could cause you to resent the place, or worse, regret buying it.
Do Your Research First
Even small renovation projects, such as a half-bath or a laundry room, should be planned out. When you rush into any project, there’s a risk that it won’t turn out as well. When hiring professional services, don’t just grab the first ones available. Always get multiple estimates on materials and labor, and thoroughly assess the contractor you’ll be working with.
Live and Learn
When you live in a house for a while, you learn about its flow and layout. Maybe the kitchen island isn’t big enough or it’s too close to the stove. Perhaps the flow of traffic through the house would be smoother if a wall was removed. Even observing the lighting through windows at different times of day can help you decide on paint colors for the walls. Seeing which parts of the home work and which need fixed will help you make an informed decision.
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