For many, the idea of renovations brings to mind the TV show ‘The Block’. The contestants on this show rip apart an apartment block and spend weeks working around the clock to refurbish it. These renovations are done with good reason, though. Property investments can be very lucrative if you know what you’re doing, so who wouldn’t want to renovate their property?
How to increase the value of your property?
There are many things to consider before you begin and some tasks that must be carried out for the renovation process to go smoothly. Some of these include getting building permits, deciding on your budget, evaluating your timeline while considering possible delays due to inclement weather conditions or anything else that may cause problems along the way, etc. When renovating any residential property, one of the essential factors is keeping all safety standards in mind while carrying out your work.
Kitchen Renovations
One of the essential guidelines to follow while renovating your kitchen is to install a GFCI outlet in the laundry room. This should be done before you do any plumbing work, not after. By installing an anti-short cord electrical receptacle device, you will help keep everyone safe from shock or electrocution hazards. Be sure not to install this device within 1m of water sources or outside the laundry area, and always have it installed by a licensed electrician.
Another thing that must be considered carefully during any renovation project is ventilation, primarily when cooking appliances are used. Carbon monoxide gas cannot be seen or smelled, making CO leaks very difficult, if not impossible, to detect while it is still in the early stages. Ventilation fans or exhaust hoods are required wherever cooking appliances are being used to help remove grease, steam, smoke, and odors from the kitchen.
An excellent way to keep track of all of these necessary safety precautions before beginning work on your renovation project is to make a checklist, so nothing gets missed along the way.
Bathroom Renovations
As with kitchens, bathrooms also require proper ventilation to ensure everyone’s safety. In particular, exhaust fans or vents should be installed in any room with a bathtub or shower so the moisture will not stay inside the walls and cause mold to form. While installing these devices is not a DIY project for do-it-yourself homeowners, they are essential safety features that must be taken care of before you begin your renovation project.
While renovating your bathroom, all gas appliances must be properly vented through the roof, as well as checked regularly to make sure there are no leaks present. This includes all water heaters, stoves, ovens, and dryers which should be professionally evaluated once every year to ensure they are working correctly.
Bedroom Renovations
The bedroom is another important area that must have proper ventilation to ensure everyone’s safety, especially for those who suffer from respiratory problems such as asthma or emphysema. Air conditioning units found in bedrooms should be checked once every year by a professional to ensure they are working correctly and vented outside the house through the window or wall.
All fuel-burning appliances- whether it be space heaters, fireplaces, hot water tanks, or furnaces- should also be inspected yearly for possible CO leaks before beginning any renovation project inside the home.
Add Value
The best possible renovation that any individual can invest in is their home because when done correctly, they turn into massive money-making machines. Even if it seems expensive now, when they sell, later on, they’ll get back much more than was spent in the beginning. With proper planning and a clear understanding of what you’re trying to achieve, renovating your property can be a great idea that will add value!
Conclusion
At the end of the day, true value comes from what you benefit can offer a consumer. An old apartment in a good place can be a literal goldmine for a property owner who needs to renovate their place.
