So a few weeks ago I shared with y’all a look at our renovation plans. I shared the big picture in that post, where we want to end up in the long run. Well we’re getting into the more detailed stages of our plans now, and its so exciting! As we make decisions for each room, we’re asking ourselves 3 important questions while we plan our home reno!
Planning a home reno is not an easy task, its easy to get overwhelmed and stressed out about the whole process. There are practical things you need to decide on and figure out before you can get to the more exciting design choices. Asking yourself these 3 questions and comparing your answers will help clear up some confusion, avoid disagreements with your significant other and get you through your home renovation with ease!
First things first.
What do you WANT? Go crazy. Dream big. Write EVERYTHING that you want down, even if it seems a little silly or too big. Want a crystal chandelier? or penny tile floor? a pinterest worthy piece of DIY art? add it to the list! How do you want the room to make you feel? What is your dream style? You never know what dream want could inspire the perfect home reno plan!
What do you NEED? This is the list to be specific and practical on. While a penny tile floor might look amazing, is it practical? For us, not so much. We need pet friendly EVERYTHING. We need good lighting, cleanable furniture (that pet friendly thing again) and lighter/brighter everything. Warm and cozy flooring that is easy to install, clean and maintain.
What can you AFFORD? Now is the time to make the tough choices, to decide what items need to become a priority for your home reno. Take a good long look at your budget. Are you going to DIY some, most or all of the renovation? Are you hiring help? Is a contractor needed?
Deciding on the budget and what you can afford, is tough, but will save you some heartache and headaches when you’re in the middle of you home reno! How much do you need in your contingency/emergency fund? Are you saving up for the reno and paying it all out of pocket or in cash? Is borrowing some or all of the finances you’ll need an option? What about a home equity loan? Be sure to check all of your options! We’ve been saving up some money to cover the initial costs, and will be exploring home equity options as we move forward with our plans!
Whether you’re remodeling your home or consolidating debt, Capital One is here to help with simply smarter tools that help you choose the right option for your situation. Just by visiting capitalone.com/home-equity, you can get a customized rate offer and estimated loan amount (with no impact to your credit score) and even begin the application process!
Whatever your home reno plans, answering these three questions will make the whole process a lot easier!
I was selected for this opportunity as a member of CLEVER and the content and opinions expressed here are all my own.
Some excellent advice here. 🙂 You have some remodels planned?
This is exactly what we are going through as we speak!! We’ve looked into our options and are now deciding on which projects are the most ‘necessary!’ There are way too many to chose from 😉
That’s right. Let it out into the universe. It is truly worth letting your footsteps walk you down the path to that destiny.
We are custom building a house right now so this information was really helpful! I can use your tips for planning a home reno for my home building process. We have to be pet friendly too so I totally relate.
I love a good home Reno!
Over the last few years, we have been doing some home renovation projects around our home. It can definitely be a stressful project, especially when you’re already a busy family. I definitely agree that asking yourself these 3 questions help the process so much!
Oh the projects are endless in my house. I don’t even know where I would start! Great ideas on nailing that down!
These are great tips to get started. I want to buy a home that will need a LOT of work so it is nice to know that there are resources available for me.
Remodeling sounds like a fun but there’s definitely some things to consider before jumping in. Thanks for the tips. I’ll keep them in mind going forward!
Great things to think about with any major decisions. We are thinking of a renovation on our kitchen. We know it’s expensive so we really have to think about these things and come up with a budget
We need more space and better organization. I really believe if you have proper storage everything else is easy. Thanks for the tips it gives me a lot to think about.
These are great ideas. Helpful for me as we’ve considered getting a fixer upper. Much better than just doing things piecemeal without a plan! Glad I saw this!