We always have many questions to ask about renovating, buying, selling or building. TCON Group has tried to answer most of these questions for you below to help the client before they begin a large project. If you need any further information, please contact us.
RENOVATE OR SELL?
When considering whether to renovate or sell, take time to assess your reasons for doing both. It might be the fact that you like the main features of your current home and the location is first class. Or it could be that the modifications that you would like to make require more money than your current budget would allow.
Depending on the reason, the choice is yours alone. The most important factor to remember is to set a goal that can be accomplished if you do decide to renovate your current home.
The next question to ask yourself is dependent on your financial situation. Does your budget sit with your design expectations for the renovation? Will your existing block of land accommodate the size of the home and amenities that you require? Once you have established these goals and set your budget, TCON Group, with the help of an architect, can help you evaluate the assets and liabilities of your current home and tell you whether a renovation is the smartest choice for you.
PROJECT MANAGE OR HIRE TCON GROUP?
Although "The Block" made renovating look easy, it didn't demonstrate the complexities or managing your own renovation without a television crew and maintenance team. There is considerable background work involved in a renovation or a build that requires time and energy.
Most clients will have full time employment and trying to project manage your construction whilst working can sometimes lead to unwanted stress. If you are considering managing your own project make sure you factor in time and skill to co-ordinate the project, if you have access to the right trades at the right price, access to an architect who knows what you want, and the endurance to work through soil reports, town planning, building permits, planning permits, contracts, and drawings. Otherwise talk to the team at TCON Group who will help you make this decision.
CAN I USE MY OWN DESIGN STAFF AND TRADES?
Communication is the key to a successful project, especially, between the design, construction, engineering, building surveyors and skilled trades.
If you would like to use your own contractors, then we will work together to ensure that they align with the qualities and beliefs that TCON Group has built its reputation on. TCON Group has a very wide range of safe, reliable and highly skilled trades that have worked together for years, and in turn, know how to complete the project of the highest quality.
LIVE IN THE RENOVATION OR MOVE OUT?
Yes, it can be more cost effective to live in the house while the renovation is being completed, but be prepared to deal with circumstances that are outside of your control such as the loss of electricity, gas and water. Your daily routine, if you work from home, may need to be altered before deciding to start the renovation whilst living in the renovation.
IS MY HOME WORTH RENOVATING? SHOULD I LOOK AT BUILDING A NEW HOME?
When foundation problems, incorrect construction methods, or sub-standard design practices have occurred in your home, unfortunately, sometimes it isn't worth improving the existing building. While there are circumstances where major problems can be fixed, sometimes the cost will outweigh the end value of your property. If you believe this could be the case with your home, contact TCON Group and we can help to find out what is the best option for you.
AM I FINANCIALLY PREPARED FOR A RENOVATION?
Financial circumstances vary for every situation, and nobody can simply guess how much a renovation on their home is going to cost without acquiring an accurate estimate. Once you have decided what you would like to renovate or improve, TCON Group will draw up an accurate estimate for you to decide if you are financially stable for the project to commence. Secondly, you must know that the older the home, the more unforeseen problems that might be uncovered during the renovation. Try to have a modest contingency fund in addition to what has been allowed for the project for these events, and in the best case scenario, you never have to use it.