According to several sources, Australians are buying new properties and doing construction upgrades during this pandemic despite the economic instability.
Two reasons are: they have more time to plan, and have saved more money due to the postponement of holidays and events.
Although many Australians are upgrading their houses, many refuse to hire home renovation specialists to trim down the expenses. Most of them believe that they can save more by doing all the work themselves.
But do they?
How Much Does It Cost to Renovate a House in Australia
According to the Housing Industry Association’s (HIA) data, almost 50% of the renovations in the country cost $40,000 to $300,000. The average is $50 to $65 per hour.
Kitchen renovations range from $10,000 to $45,000 and the living room is $10,000 to $15,000. The price can go higher or lower depending on the choice of materials and the extent of work.
Australians have an average budget of $63,188 for construction upgrades. However, this is only statistical data.
It all boils down to how you allocate your budget to ensure that it will not run out. One of many homeowners’ mistakes is they focus their expenses on one area. As a result, they end up spending more than they should.
Underestimating the expenses is another mistake that most people make. Because of the media, people have an impression that doing construction upgrades is simple and believe they can do the renovations themselves without any complications.
However, it may cause problems in the future. For example, if you want a bathroom renovation, it is more than changing the tiles or adding amenities. What most people do not know is it involves thorough planning, even including the plumbing system.
People who decide to do all the work themselves end up spending more than they should. It proves you have to leave the hard work to home renovation specialists, and you do not have to worry about your budget.
Why Working With Home Renovation Specialists Will Save You More Money in the Long Run
There are two primary reasons you need to leave the renovation work to home renovation specialists:
1. You do not want to have more serious problems in the future.
Home renovation specialists have tonnes of experience in doing minor and major construction upgrades. They know the complications of changing your house’s electrical wirings and plumbing system to adapt to the changes you want in your home.
Doing all these works on your own, not only will cause possible issues in your utilities but can also put your family’s safety at risk.
2. You do not have to worry about going beyond your budget.
Home renovation specialists have worked with a lot of materials and equipment. They know the best alternatives for costly materials. They can suggest more cost-effective ways to get the results you want.
How Do I Find Someone to Renovate My House
Even though hiring a professional is advisable, some people only claim to be experts in this field. If you want to hire a building company to do the job, you want to find the one that is trustworthy enough to work on your property.
(See post: 7 Things to Avoid When Choosing Your Home Renovation Builders)
Here are some ways to find home renovation specialists that are real experts in the field.
1. Ask for Referrals
While you can ask your family and friends for referrals, asking your neighbours can be better. Walk around your community and look at their houses. Find a neighbour with a fantastic home and ask about the construction builder who did it.
You can also use the Internet. Research online and read some reviews. Make sure that the reviews are genuine by researching the company and their previous clients.
2. Ask the Builders About Their Current Commitments
If a builder has a lot of projects, it is a good sign. The downside is you have to wait for weeks or months before they work on your property, but it only proves that there are lots of people trusting them.
3. Do a Background Research
It involves researching the company’s history, previous clients, and credentials. Home renovation specialists with real experience are more than happy to provide you with proof of their expertise.
Besides that, they should assess if they have insurance to cover their workers when they get into an accident while working on your home.
Conclusion
Although you can do things yourself, you do not want to risk your family’s safety by doing complicated home renovations. Hire a professional to do the difficult work, and you will get the results you want without blowing up your budget.
If you doubt your budget will be enough to hire home renovation specialists, base your estimates on your house’s value in the market. Some contractors and designers base their services cost on a property’s value in the market and how much it will be after the renovation.
You can also call the contractors in your area to ask for a quote and compare the prices. Call us for more information. We are more than happy to serve you.
