The Five Tips

There is one golden rule which all experts advise and that is – “to avoid overcapitalising, never spend more than 10 per cent of your property's current value on the work”.

 


Let’s go! – one to five of the latest tips;

 


1. Break it down

To avoid getting overwhelmed and losing motivation, divide each job up into small tasks. For example; a total home renovation should be broken down to individual rooms and then broken down again to the separate tasks required in each of those rooms. This is something that you need to take your time over and check, double check, then cross check your list of tasks to ensure nothing is missed.

 

2. Achieve street appeal

You need to aim for a $2 return on every $1 you spend on renovations and to do that, head outside.

Experts (and statistics) say that by rendering the outside and applying external painting will typically give you a massive $10 return for every $1 invested. This is a smart move for those renovators on a limited budget who want to transform their property and jack up its value. Then there is the backyard, the great Auatralian dream, but sadly that dream together with the front yard are the most neglected areas of most properties. In fact, a survey by Masters Home Improvement found that 81% of gardens and outside projects are left unfinished by Aussie home improvers.

So what do you do? You get busy installing new garden beds and plants, use the high pressure cleaner to rejuvenate old concrete pathways and driveways and maybe even apply a bit of paving paint where appropriate. All these efforts will  have people thinking that you have spent far more money than you actually have.

 

3. Little things = big difference

You see them every day and do not notice anything wrong but the small projects and finishing touches such as cleaning dirty exhaust fans, updating doorknobs and handles, and painting doorframes, are all things potential buyers notice. The Real Estate Institute say cleanliness and presentation are paramount to people liking the property and seeing themselves living there.

But think before you act because you are simply wasting your time if you're going to strip off skirting boards and architraves, only to replace them with the exact same thing. Instead, give them a fresh lick of paint. But don’t skimp on buying cheap paint, you're saving about 30 per cent by doing it yourself, so buy good quality because it will have a significant effect on the finished job.

The best place to start if it is your first DIY reno should be the laundry, rather than the kitchen or bathroom. Not too many people actually see it and if it goes wrong, it's probably the most inexpensive area to fix. Plus of course, it's also a great way to try out all those little skills such as tiling (floor and walls), joining and painting.

 

4. Look like a renovator

If you are aiming to get discounts on products and services such as hardware, appliances and contracting work, best you  don't do it while wearing your polo Ralph Lauren, even if it is just a copy from Thailand. It is a simple fact that sales people either consciously or not, will judge you on your appearance. If you park the Ferrari out front and enter the store planning to negotiate while wearing designer bling, there is a distinct likelihood that the sales team are going to try and extract every single cent out of you – so what do you do?  Get on your ‘tradie’ gear and park the Ferrari around the corner.

 

5. There's always an app

We are in the world of tech. There are a bunch of apps out there that can help you to save cash – save time – save frustration. Check out these popular home fix-it apps;

  • Paint My Place: Never buy sample paint pots again. This allows you to trial more than 30,000 colours from all the best-selling brands. All you need to do is take a photo of the area you'd like to paint and virtually change its colours until you find what you think looks best.
  • DIY Handyman Toolbox: Performs those common calculations every handyman needs. It converts between metric and imperial measurements, will calculate in square or cubic metres which is useful when buying materials for floors, concreting, gardens and painting. You can get an android version which is Handyman Calculator from Google.
  • Houzz Interior Design Ideas: Find loads of interior decorating scenarios from over 1.5 million design ideas that will allow you to save a virtual scrapbook.