Stick to the plan

Over spending is one of the biggest dangers in renovating. A savvy home owner will set a ironclad budget and see it through to the end, which some would estimate at 10 % of the property’s purchase price. These amounts can then be broken down room by room. If renovators have limited funds, it may be worth staggering the work over an extended period of time.

Look for alternative sources for materials

While nipping down to the hardware store for supplies is an easy solutions, investors may get better deals by looking further afield. Renovations experts suggest sourcing suppliers online. Online importers frequently offer similar designs, including the same warranty, at more affordable prices

Work with what you already have

Superficial touch-ups can often transform key rooms with little outlay. In the kitchen the original cabinetry is usually made to last for decades and salvaging these built-ins can save owners a substantial sum of money. Renew a tired bench top at a low cost. In the bathroom, new shower curtains or even a frameless shower screen are cheap but can  change the room’s entire feel.

Fix up the walls

Painting can have the greatest impact on the feel and appearance of a property. A neutral, modern colour scheme is likely to appeal to a broad range of people.

Don’t neglect the exterior

The outside is the first thing buyers and tenants see. Landscaping, trimming plants, adding mulch and painting pavers, exterior walls and driveways are some simple ways to bolster the look of a property.

John can be contacted on 0749722081 or 0410433919.  or  email him at jwhitten@ihl.net.au or net www.ihl.net.au. John Whitten is a credit representative (CRN 399796) of BLASSA Pty Ltd (Australian Credit Licence No 391237).