There's nothing like a little warm weather and sunshine to make you go outside and think...Renovations! Spring is the most popular time of year for many to think about (and actually start) a home renovation project. Turn on the TV and you are surrounded by Do It Yourself (DIY) programs from building decks to renovating historic homes and all offering us advise on how we can do it ourselves.
Whether you want to just spruce up your home for your enjoyment or you are looking to put it on the market, DIY can have its advantages and disadvantages. If you are looking to sell, speak with your realtor before spending to see if the changes you are making will have positive impact when you go to sell or if there are other areas that would be more beneficial in increasing your home's worth.
When renovating, consider all of the factors and the most important being what you can and can't handle. Not all of us are home renovation experts. There is a certain feeling of satisfaction that you "did it yourself" but pride should not get in the way of doing the job properly. As Mike Holmes would say "Make it right" and sometimes that requires bringing in the experts to tackle some of the complicated renos. Don't be afraid to ask for help because knowledge is power. Bryan Baeumler from HGTV's Disaster DIY motto is design, destroy and rebuild but the most important is have a plan or destroying may cost you more than just rebuilding.
If you are looking to renovate to bring in income, you need to do your homework for your area. There are many different factors to what is considered a legal suite and before you spend the time and money, you want to know what the requirements are. This can make a huge difference when you go to sell your property. For Scott McGillivry from HGTV's Income Property what started out as a university project to help homeowners generate additional income by creating rentable rooms in their homes has turned into a successful business and has shown home owners all over the country the options they may have with their property.
So before you pick up that hammer, look at the big picture and your goals. And if you still aren't sure, pick up the phone and call me at 250-305-7034.