Renovation Roulette: How to Win Big on Your Home Upgrade

Renovating your home is an exciting but risky venture. Like a game of roulette, it can go very right or very wrong, depending on your strategy. Here’s how to make sure you’re playing to win, avoiding common pitfalls and maximising the value of your renovation.

1. Have a Realistic Budget

The first mistake homeowners make is underestimating costs. Renovations always seem to cost more than expected, so it's essential to have a realistic budget—and then add 10-15% on top of that for contingencies. Don’t just focus on materials and labor; consider permits, inspections, and potential delays.

2. Prioritise Structural Work

If your home needs major structural work—like fixing the roof, plumbing, or wiring—address these first. While cosmetic changes are tempting, a shiny new kitchen won’t matter if there’s a leak or faulty electricals behind the walls.

3. Hire Qualified Professionals

Whether it’s a builder, electrician, or plumber, hiring licensed and experienced professionals is key to a successful renovation. Do your due diligence by checking references, reading reviews, and ensuring your contractor has insurance and proper certifications.

4. Communicate Clearly with Contractors

Once your team is in place, effective communication is critical. Be clear about your expectations, timelines, and budget from the start. Regular check-ins will help you stay on top of the progress and quickly address any concerns that arise.

5. Don’t Rush the Timeline

Everyone wants their renovation done yesterday, but rushing the process can lead to costly mistakes. Be patient and plan for a realistic timeline, allowing extra time for unforeseen delays. A well-executed project will be worth the wait.

Final Thoughts

By prioritising key tasks, setting a clear budget, and hiring the right people, you can turn your renovation into a jackpot win. Plan, communicate, and prepare for the unexpected—and you’ll end up with a home upgrade you can brag about.