Many people still regard shelter as one of the most important investments they will ever make in their lives. Some even have homes as the only investment they will ever make. But sadly, not everyone can buy a home from scratch. Fortunately, fixer-uppers exist to help homeowners find a much more cost-effective way to build their very own dream home.
So in this article, we’ll be helping you out in this aspect by teaching you just how exactly you can transform a fixer-upper into your dream home.
Assess the fixer-upper
The first step into transforming a fixer-upper into your dream home is by finding out if the property you’re eyeing to flip is actually worth it. It may be hard to tell, especially if it’s a particularly rundown place. So if you don’t have the expertise for such things, it’s better to hire a professional who can inspect the area for you to see if the house is worth the trouble of flipping.
Figure out your budget
A corollary determination to knowing whether a house is worth flipping is, of course, your budget. Actually fixing a fixer-upper requires you to streamline expenses so you don’t run out of funds in the middle of building your dream house.
While it is generally understood that you have to spend a sizable amount of money turning a house in bad shape into your dream abode, it doesn’t mean you can’t cut costs on certain things. In fact, it is recommended that you reserve your coffers for things that truly matter.
For instance, you can always find ways to limit your spending on utilities. One good way to do this is to switch electricity providers. You might not know this, but not all power companies are created equal. Some charge more affordable rates, while others bill you for add-ons or extra services you might not even need. So before you start actual work on your fixer-upper, make sure you’re not overpaying for electricity by finding a better provider and switching your subscription.
Deal with structural changes
Once you’ve settled with a price that works for both parties, it’s time to focus on the structural changes that need to be done, including changes that you might want to include in the renovation. These can go from anything like changing the roof to bringing down walls that you might not need for the new setup. It really depends on your taste. But as always, it’s a lot better to ask for professional advice when it comes to technical changes you might want to do.
Restore features you love
While a fixer-upper is not technically a clean slate, you don’t have to rebuild it as it is. Remember that you are building your dream home, so you don’t have to restore any features the previous owners may have had that are not part of your vision for your home. For instance, the previous owners may have enjoyed bonding over video games in their massive game room, but if your idea of fun is hunching over an interesting novel all day long or having read-alongs with your kids, you must feel at liberty to turn that space into your own private library.
Make it a smart home
If there’s one aspect of your dream home that you have to heavily invest in these days, then that’s none other than smart home technology. Smart homes guarantee the combined benefits of comfort, style, and security in one nifty line. Having a smart home system also allows you to future-proof your house, no matter how many years it has seen before.
Add in your own flair
That house you’re flipping won’t exactly feel like home if you can’t add your personal flair. Whether this is tons of photographs or that loveseat you saved from your college apartment, adding knickknacks from past homes and encounters will definitely make your new house into your dream home. What’s important is that you claim the space as your own and decorate it as you see fit.
Nothing compares to the feeling of being able to come home to a place that is entirely yours. So while flipping a fixer-upper may be challenging, it promises great rewards to those who are brave and patient enough to try.