Home Repairs – things to consider.
When you finally decide you are going to do home repairs or remodeling how far should you go with it and how much money should you spend, or not.
Of course it will all depend on your circumstances, the reason you are going to do home repairs or remodeling in the first p;lace, your budget and time you have to finish the job.
First of all, you should have a different approach to your home repairs and remodeling depending on the following:
– are you doing the work to improve the property and then sell it ( home flipping ) or
– you want to repair or remodel your home because you plan to live in it for quiet some time in the future.
In both cases you should always keep an eye on the costs and not to go overboard and do unnecessary “improvements” that will have a marginal effect on the look and functionality of your home.
In case you want to flip your property, you have to have in mind the most important thing, to make a profit while still using ethical renovation practices.
In that case all you need to do is provide a home that is functional and aesthetically pleasing to the eye.
Nothing much more than that, you are not doing the home repair and remodeling to impress someone but to make a profit.
In the case of you planning to live in that home for quiet some time in the future, you could go a bit further and indulge yourself in getting ‘what you always wanted’ and do things to your liking, but you still need to think about the return on your investment in the future when you might want to sell your home after all.
Bear in mind that it also depends on the neighborhood the home is in.
You don’t want to spend a lot of money on a property in a stagnant and not too well off an area but if you are in an upscale trendy part of town it might be worth to put more effort and money into it.
After saying all that, there are home repairs that you should do asap and that just can’t wait.
We all know the damage water penetration and leaks into a home building can do.The longer you leave that leaking roof, however small it may seem, for example, without repairing it, the greater the damage and thereby the cost to fix it will be.
Rising damp is also something that will inevitable end up costing much more in the future if left unresolved and the health of you and your family can suffer severely.
The toxins from mold that grows in the rising damp in your home are extremely dangerous, especially for the young, old and those with existing health problems.
There are toxins from strains of mold that have actually killed people.
It is extremely difficult to get rid of mold which grows into the building structure materials like wood and so on, as spores are microscopic and will get in everywhere resulting in many cases that a house has to be demolished and rebuilt.
You should also consider the dangers and hazards that lurk around in your home.
Those dangers, like faulty electrical wiring, rotten timber flooring, missing handrail should be addressed immediately and taken seriously and as a priority.
Hope these thoughts will help you with your decisions regarding how far to go with your home repairs and remodeling work.