Are you thinking about redecorating your house? Or perhaps, starting a renovation project in Singapore?
If you are looking to start a renovation project, you need to know that there are several hidden costs that you probably don’t know about. And unless you are careful, these extra costs can add up to hundreds of thousands of dollars! Which means you could end up spending more than you originally planned. However, you can save yourself from this trouble by using a budget renovation package.
The biggest decision you will make when you are buying a home in Singapore is the type of renovation package you will choose. There are many different packages and each one has its own unique set of pros and cons. If you pick the wrong renovation package, you could end up spending much more money than you have to… or… you could end up with a home that is not livable and thus be forced to sell it at a loss.
In this article, I am going to reveal to you all the details you need to know in order to make an intelligent choice when it comes to choosing a renovation package for your home in Singapore.
What is the first thing you should consider when choosing a renovation package in Singapore?
The answer is… Your Pocket! Remember, the more you pay, the more you get. This is especially true with renovations. The most common “guru” recommendation for homeowners is to double the amount they are spending on their homes. Consider this: Your home is your largest single investment and it is, by far, the biggest purchase you will ever make in your entire life.
You should be looking at your renovation as an investment in the future. Ask yourself: What benefits will my family enjoy the most after this renovation? What improvements will we be able to make to the home which will enhance its value the most? What do we need more than anything else? A place to live. Not a palace. Where family members feel comfortable, safe, and happy. After you have your goals established, you then can choose your home interior design. It should complement your home exterior and not compete with it.
Contemplate Your Budget
Some companies offer “all-in-one” packages that include everything from the foundation up. Other companies will only do the rough grading and put up the forms, while you do the rest of the work. Still, others will only do the framing and put up the forms, while you do the siding and trim.
Before you commit to one, be sure to evaluate the cost of the project and your budget. Renovations come in many different packages. However, you may have to look around in order to find one that works for you. Before making your choice, think about how much money you can devote to renovations. This will impact your choice of package. There are many types of additions or home improvements you can add to your property. Choose one that fits your budget.
Know what you need and what you want
One of the biggest mistakes people make when they are preparing their offer for a home improvement or remodeling project is they are not specific enough. They fail to describe exactly what they want, leaving it up to the contractor to guess what is most important to them. This often results in a higher budget renovation package, since the contractor has to make his best estimate as to what the homeowner wants, which is usually less than what the homeowner needs. By the way, you should always ask for written estimates, which means the actual contract should be mailed to you with a signed receipt for you to keep as proof of the estimate.
Choosing the right company
If you’re hiring someone to renovate your house, you should look for a contractor who offers lots of perks. Look for one who uses quality materials, has been in business a long time, has lots of experience, treats his customers nicely, and tries to meet or exceed his customers’ expectations. It’s not easy finding the right contractor for your needs, but with some research, you can be sure you’re getting the best deal possible.
Renovation companies will have a complete breakdown of the renovation work that needs to be done. This includes everything from the material costs, renovation price list, to the labor costs which also can be called a Singapore renovation cost estimator. They will also separate out overhead and other business-related expenses from the actual physical labor costs. This way you, the homeowner, know exactly what it costs to hire a particular contractor to do the job and can make an intelligent decision about which company to hire.
Renovators are similar. Some specialize in a specific type of project, such as tiling or painting, while others are general contractors who can handle anything. When you are looking for a contractor, it is important to find someone who is the best fit for the type of project you have.
To Wrap Things Up!
Renovation is a big investment, and you need to make sure that your home improvement package is right for you. How do you know who to trust? How long will it take? What will it cost? Is my house safe during the renovation? Will my neighbours be driving me crazy with all the noise and mess on their street?
Obbio Concept is the solution for you! We’re an experienced design-build company with a proven track record of offering great value and excellent service, backed by years of experience in the building industry. We can help you choose the best renovation package for your house.