Plenty of New Yorkers buy apartments that need a little sprucing up. But before tackling a lengthy renovation job, it's important to be informed of potential traps or common mistakes that could lead to wasted time and money:
Choosing the Wrong Fixtures – When remodeling any room, not just a kitchen or bathroom, you are typically confined to a limited space. It is very important to keep this in mind when picking lighting options, faucets, toilets, and everything else. You may want to add that great-looking toilet to your powder room, but does it fit the space? Maybe not. Choose options that accommodate your taste, budget, and square footage.
Going Cheap – Being frugal is probably the WORST thing you can do during a renovation. That applies to everything: contractor, finishes, and fixtures, as all three are important in bringing together a space. If it’s cheap, it most likely looks cheap, adding less value to your property than you were hoping. Renovations are meant to heighten a space, not stick out like a sore thumb. Spend the extra $20 or $30 to get the better light fixture and shell out for a contractor who will not cut corners.
Too Custom Means Less Relatable – Unless you plan on living in your home for the rest of your life, don’t renovate an apartment too specific to your own taste. Many homeowners fall into this trap; they begin to make renovations using taste-specific fixtures or intricately-detailed design choices that may not please potential home buyers in the future. These finishes may be pleasing to you right now, but when it comes time to sell, you may regret some of your choices. Making smart choices that you love, but won’t scare others away down the road, will ensure that your money is well spent.
Gutting Everything – Do NOT fall into the trap of gutting everything. It may seem appealing to renovate many rooms or entire floors at once, just to get things out of the way. This is not the best way to do a large scale project because overbearing tasks and remodels tend to grow larger, both in time and funds. There is nothing worse than having to stop a remodel midway due to exhausted funds and then having to live in a half-complete home until you’re able to finish. Tackling projects one-by-one will add less inconvenience into your life.
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