The home is the center of life. Houses that have been inhabited for generations have a very special charm, provide security, and are part of family history. However, if signs of wear and tear become visible over time and modernization measures become necessary, and renovation is literally on the horizon, there are a lot of things to consider. To support your project, we have put together 7 tips for you.
- Create clarity:In a small framework as well as for large projects, it is equally important to first get an overview. What are my needs? In what framework can these be implemented? What do I actually need, and what would be beyond planning? It is important to draw a clear line between real necessity and pure desires, which can become a cost trap.
- Cost planning: Can the start of the renovation work be timed to match the payment of my home loaner? Do I have enough reserves for emergencies? How long does it take to repay my loan, and what are the monthly installments that I can pay for it? Small steps in cost planning and accurate bookkeeping of the expenses help to always maintain an overview.
- Set priorities:Different components are subject to different levels of urgency. Leaky windows, which generate huge amounts of heating costs every year, should, for example, be higher up in the planning than purely decorative measures on the house.
- Obtain and compare offers:Which entrepreneurs in my area are available to me? Business directories, tips from friends, or a targeted Internet search can help. Caution is advised when businesses lure with suspiciously cheap offers.
- Are there any grants for my project? The example of the renovation offensive 2018 shows that the state can receive various grants for modernization, environmental friendliness, or energy efficiency measures. The step to renovation is much easier with financial start-up assistance.
- The journey is the goal:In the middle of the loud and stressful rehabilitation phase, nerves are often on edge, and a feeling of being overwhelmed can creep in. So that your building project does not become your personal backwood 8, you should always keep the goal in mind – be it more living space, attractive refurbishment, or the preservation of old building dimensions as a future system for your children.
- Can I benefit from a renovation in the future? Properties that have been well refurbished have long-term value growth potential. Even if you don’t intend to sell immediately after the renovation: Targeted repairs to the house can avoid much higher costs in the future. And this even before they arise.