5 reasons to consider a renovation right now

We know renovations, as exciting as they may be, can be super daunting. Where do you begin? How do you budget? What if there are unexpected twists and turns in the process? It’s true that, unlike a new build, renovations can be unpredictable and scary. But they can also be extremely rewarding, elevating your existing home to something Pinterest-worthy. We’re here to give you five great reasons to consider taking the renovation plunge.

Improve functionality

With more time spent at home than ever before, renovating or extending your home is the perfect opportunity to improve the functionality of your home and increase overall space. The kitchen bench may have been a great ad hoc workspace for the first few weeks of working from home, but it’s not a long-term solution for a productive workday. Including a separate home office in your renovation can significantly decrease stress by creating boundaries between home and work life (which is so important in this current climate). Likewise, something as simple as an extra ensuite can ensure your stress levels remain low with the kids not bickering over who gets to use the bathroom first.

Comfort and enjoyment

Comfort and enjoyment should be on the top of your reasons list for why you should renovate your home. If your humble abode isn’t oozing with cosy rooms and enjoyable spaces, it’s probably high time to consider a re-do. We’re not just talking from a practical perspective here – shiny new offices are all well and good for WFH life, but what about everything else in life? Having a beautiful space to wind down in or enjoy family time is essential for modern living. Who wouldn’t enjoy some down time in their own spa-esque bathroom? As corny as it sounds, your home should make you smile the moment you walk through the front door. A renovation might be just the way to do that.

Save money

Saving money might not be the first thing that comes to mind when you think of renovation. After all, renovations – no matter how big or small – require capital. But there are many things in your home that can impact your ongoing expenses. Lack of insulation, vintage air conditioning systems or leaky plumbing can all add to unnecessary extra running costs of maintenance fees. And it’s not just obvious things like solar water heating upgrades or water efficient tap ware that can save on costs. Well planned spaces that utilise natural lighting (such as the addition of skylights) or natural cross ventilation can save you money in the long run.

Increase value of your home

In addition to cost saving, a renovation can add significant value to your home. There’s a reason they say kitchens and bathrooms sell houses. Your kitchen is the heart of your home, the place where family and friends come together to eat, socialise and create memories. For this reason, updating your kitchen to one that is modern and well-equipped can be one of the best things you can do for your home to increase value. Pair that with a fresh new bathroom (or rooms) and you’re well on your way to creating capital when it comes time to sell.

Low interest rates and government grants

It’s no secret that interest rates here in Oz are sitting at a historic low (and probably will be for the next couple of years). This is great news for those of us who are looking to renovate, as funding the project has never been more affordable. Combined with the current government grants (such as the Homebuilder grant which has been extended until 14 April 2021), now is the perfect time to take advantage of these low borrowing costs and kick-start that renovation of yours.

So, what are you waiting for? Give us a holla if you’d like to get the ball rolling on creating your dream home.