A home renovation is an equally big milestone as buying a new home, except it comes with its own set of challenges and hassles. If set forth without proper planning, you might feel like flying in the ointment.
The biggest and most common mistake people make while doing a home renovation is embarking on the journey without planning a proper home renovation budget and guidance from an expert. Hence, the renovation becomes a pain in their neck.
If you are about to start a home renovation project in Delhi, make it straightforward with proper planning and budgeting.
Why should you budget for home renovation?
Starting a home renovation without creating a budget is a sure-fire recipe for breaking the bank. Also, given the sea of options in terms of materials and products, having a budget will help you determine the best options for your renovation project.
Having a budget helps you plan every aspect of the renovation and guards you against any nasty surprises in terms of cost and outcomes.
Here is how to budget for your home renovation in Delhi.
1. Start with a plan
Your first step should be creating a thorough plan for the renovation. Start with listing down your priorities and have a clear vision of what you want from this renovation.
Take a pen and paper and note down the answers to the following questions:
- What do you and your family expect from remodeling?
- Is there any special requirement you want to meet through this renovation?
- Is there something you want to remove from your current home?
- Is there any limitation in the current space that might hinder the outcome?
- Do you have enough funds to cover this renovation?
- Can you compromise on anything?
Add all the questions you have in mind and answer them to have a clear vision of the remodeling project. Knowing your priorities will help you stick to the plan and budget.
2. Research the rates and note down the estimates
Now that you are clear about your goals, it is time to wear the researcher’s hat and start digging for details. Create a list of things that will be a part of this renovation project and write their estimated cost. Include everything, like fixtures, appliances, flooring, lighting, wall paint, waterproofing, and labor costs (architects, engineers, plumbers, electricians, etc.). Include delivery and installation charges.
Do not forget to add the living expenses you might incur during the renovation process (You might have to move out of your home during the renovation.).
Once you have the list in your hands, research the average cost of all these things, including the services and labor. It will give you a rough idea of how much you might have to shelve for the renovation.
3. Reach out to interior designer and renovation contractor
If you have an expert by your side, consider your job half done. Experienced and expert interior designers and home renovation contractors in Delhi will help bring your imagination to life.
Make a list of the best interior designers and contractors in Delhi NCR. Look for reliable remodeling companies and individual contractors with experience and good reviews. Contact each of them and request a quote. Compare their costs and select the best interior designer in Delhi NCR that fits your budget and requirements.
4. Be prepared for surprises
By now, you have a clear plan, a list of things required, the cost of all the materials, products, services, and utilities, and quotes from designers and contractors. Although you are well-equipped with everything needed for the renovation to sail smoothly, keep yourself prepared for a storm.
Renovations are easier said than done. You might hit an iceberg any time. Hence, it is always better to prepare for the worst that can conjure in the form of an underlying issue (think of mold, mildew, water damage, plumbing issues, foundation issues, etc.).
Always keep a buffer to neutralize the shock that comes with these unexpected problems that can cost you time and money. Add 15% to the total cost of renovation to handle any unforeseen cost.
Stick to these four steps to make your renovation project unchallenging, uncomplicated, and plain sailing. Contact Bonsai Developers, the best interior designer and home renovation contractor in Delhi NCR to culminate your fantasy. Call +91 70429 04720 now.
