A fixer-upper is a home or house that requires renovation and is less costly. An individual may choose to buy a fixer-upper to save money and use the savings to improve the home and customize it according to their needs. An individual may further decide to save more money by renovating the fixer-upper by them, which takes a longer time. To make the most of your budget, you need to identify what you can handle and when you will need to hire professional services. The process of renovating a fixer-upper can be complicated sometimes if not well conducted. The steps discussed below will help you make the process easier and faster.
1. Determine your sources of financing
Ensure you have enough funds for a down payment, repairs, and closing costs without emptying all your savings. Ensure you are adequately equipped with money for the process to run smoothly. If you are planning to fund the renovation with a home improvement loan, be sure you have been pre-approved for the loan before you make an offer or kick off the process.
2. Obtain a building permit
For you to carry on with this process successfully, you need to be on the right side of the law. Ensure you get a building permit from the authorities to avoid friction with the authorities. The authorities are always out there monitoring and inspecting any building sites going on, and they can easily land on you at any time. Therefore it is vital to have the permit. Conducting unpermitted renovation can get you fined, and the process halted until the authorities clear you.
3. Start demolitions
After obtaining a license, you can go ahead and begin tearing down the old sections that require renovation. You can do this easily all by yourself to prevent further costs. With the help of a sledgehammer and a few other tools, begin tearing down the old drywall and the floor. Ensure you expose the underneath surfaces to remove the old wiring and plumbing. After demolition, the house is now ready for renovation.
4. Hire a competent contractor
At this point, you should consider hiring an experienced contractor. The contractor will ensure that the house has been inspected properly, and in case of any serious problems, give you a report. The contractor will help to identify areas that need changes and what kind of changes they need. If you do not plan on adopting the DIY, you can have the contractor in charge of the renovating process. If the fixer-upper has passed inspection, it is now ready for reconstruction.
5. Begin reconstructing
After passing the inspection stage, you can now begin renovating the rooms. If you are doing the renovation on a DIY basis, make a list of all the items that you need for reconstruction. Get all the required items and tools and begin reconstructing the house. However, some specific activities, such as plumbing and electrical services, require professionals. For these particular activities, ensure you hire experienced personnel who will carry out the job the way you want it done. As you renovate the inside, do not forget to invest in a few outdoor improvements to compliment the work that has been done inside.
Renovating a fixer-upper is a fun process that gives you a chance to wow people with your creativity. The process also allows you to renovate a fixer-upper into a home that fits your needs and at the same time demonstrates your sense of style. Renovating a fixer-upper helps create a productive environment at home for everyone.