6 Steps to a Successful Reno

6 Steps to a Successful Reno | Spruce Grove Stony Plain Parkland County Real Estate | Barry TwynamThe brutal winter we’ve been experiencing in Spruce Grove, Stony Plain, Parkland County, the Edmonton region and elsewhere in Canada has us pining for spring.  That may lead to thoughts of sprucing up our homes either to improve our living situation or to get our property ready to sell.

Whether your remodeling project is big or small, whether you do it yourself or hire out the work, every reno project has certain phases that must be completed in detail to ensure the job is done right.  We’ve all heard the stories about disastrous renovation projects.  Chances are good those projects failed because some vital step was missed or skipped over.

Step One:  Get Inspired

You may have been dreaming about the final result of your project for a while.  Now is the time to get those ideas out of your head and into a more concrete form.  Jot down a general outline of what the finished product will be.  Gather photos (or swatches, paint chips, etc.) from everywhere – magazines, advertising flyers and brochures, the Internet, your own photos from store displays or homes you’ve visited – that represent what you have in mind.  Pinterest is a great tool for collecting and organizing items you’ve found online.

Step Two:  Design the Details

Fill in the outline you created in Step One with every detail you can think of to turn the dream into reality.  Let’s say your project is to repaint three bedrooms in your home, replace the flooring and the baseboards.  What must be done to make this happen?  Your list might include things like which room will be tackled first, moving out all the furniture, choosing paint and flooring brand, type and color, researching costs, purchasing the paint and painting supplies, possibly researching and hiring painters, installers and so on.  Note that we are still very much in the thinking and planning stages, not doing!

Step Three:  Gather Specific Information

Now you are going to do some of the things on the list you created in Step Two.  Research products, especially quality, sources and costs, online, in stores, and by talking to people who have had experience with the project you are planning (friends, neighbors, contractors, etc.)  Write everything down!  Now is also when you will make some decisions about who will do the actual work.  If you decide the project is beyond your skill or capability, you will need to research, talk to and get estimates from reliable contractors.  Does your project require special building permits or inspections, permission from your insurance company and the like?

Step Four:  Set a Budget

With all the information you’ve obtained from your research, a fairly accurate estimate of costs is now possible, and that may lead to some hard decisions.  Have you considered needs vs. wants?  How will you pay for the project; that is, do you have the money in the bank, or can you finance the project over a period of time?  Have you compared prices and talked at length with suppliers, contractors and the like to get the very best deal?  Write down in detail the estimated costs – and then build in a cushion of 10 to 25%!

Remember that your budget should also reflect the time the project will take to complete, and build in a realistic cushion here too.  Renovations are notoriously stressful because they do take time, and they do cause disruption in a household.  Now is the time to think everything through and consider exactly how you will cope.  By the way, be sure to contact your insurance company and let them in on your plans.

Step Five:  Get ‘er Done

The person who said “measure twice, cut once” knew that careful consideration and planning, working through every detail and eventuality, preparing for every possibility should result in a great conclusion to your renovation.  Organize your information and details into a systematic step by step format of what needs to be done, when and by whom, refining the lists you’ve been creating in all the previous steps.  Work from these lists and timelines, and check things off as things are completed.  Does this mean your project will be without hiccups?  Maybe not, but you’ll have far fewer of them if you’ve worked through the first four steps above as thoroughly and carefully as possible.

Step Six:  Evaluate the Results

The reno is complete and now all you have to do is sit back and enjoy the end product.  Right?  Not quite.  Make sure you add new items in your home to your home inventory.  Take photos or videos.  Let your insurance company know what’s new in your home.  Add the records, bills, warranties and so on to your home file for things such as home appraisals, taxes, resale purposes, etc.  And finally, pat yourself on the back for a job well done!

Ready to put your freshly renovated home on the market?  Call or text me at 780-910-9669, email me at barry@barryt.ca, or contact me here.

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Barry Twynam, Century 21 Leading
#1 14 McLeod Avenue, Spruce Grove, Alberta, T7X 3X3
Tel: 780-910-9669 Cell: 780-910-9669 Fax: 780-962-9699
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