Common Home Renovation Issues to Consider

by Dick Stoner 01/19/2020

Image by ClassicallyPrinted from Pixabay

Renovating your home is a great way to improve your home while also adding value. While you may go into a home improvement or renovation project with the best-laid plans, problems are bound to arise especially with a larger scale job. Some issues can be prevented by understanding the most common pitfalls that may come into play during the home renovation process.

Budget

Establishing and sticking to a budget is a common home renovation problem. When setting a budget for your project, it is helpful to work with an experienced professional who can plan for contingencies. While the budget might be "set in stone" in the beginning, contractors may discover other issues that need attention further into the project. Additional costs may be incurred along the way so be prepared for the possibility of budget overage as the project moves ahead.

Original Architecture

While the goal of a home improvement project is to update the home and add something new, it is also important to work within the existing architectural style. Renovation projects should complement the original structure of the building so that the update flows seamlessly with the original structure. Introducing a completely different style can make the addition or renovation seem out of place and forced when compared with other more established elements. 

Sacrificing Function

Consider how the renovated space will be used and how it will impact daily life. Try not to sacrifice function for design. It is important that the final project looks good but it should properly serve its function and add value to the home and to your life. A home renovation project may look fantastic but if it creates usability issues such as lighting, electrical access or a disturbance in traffic flow it may create frustration in the end. 

Focusing Too Much on Trends

Trends are enticing and an exciting way to personalize your home but beware, what is popular today may fall out of favor next year. If you're incorporating a trendy detail into a big renovation decision, be sure it's something you truly love. If not, consider incorporating trendy colors and textures in places that are easy to update like paint, carpeting or decor. 

About the Author
Author

Dick Stoner

Reist Corporation was incorporated in 1994 to renovate and restore commercial, industrial and residential buildings. Working from a 200+ year old farm in Washington County, MD , we have restored barns, warehouses, and even WWII Army buildings in Central MD. We maintain expertise in zoning and land use issues, and we stay abreast of market conditions and changing market statistics. We welcome the opportunity to work with buyers and tenants who wish to take advantage of current market conditions to lock in long term deals at favorable rates. Those able to sign 5 - 10 year leases in commercial transactions right now, are able to obtain the best rates in over 10 years, and those able to purchase are able to get pre-2005 prices on many types of buildings and land. On residential transactions, we continue to help buyers of bank-owned and short sale properties. We welcome the opportunity to work with you on your challenges, and we pay generous referral fees to agents from other areas who wish to utilize our services on Maryland property transactions

Certifications

Since 2002, I have worked on some of the largest real estate database systems in America. I have introduced online marketplace products to areas that were using residential MLS products for commercial real estate information, and I have worked on the expansion of some of America's largest real estate data systems in some of the largest MSA's in the country. Research is key to many commercial real estate valuation projects, and our firms' knowledge about how these systems work can help you reach the best information about other transactions in your area. We are active in Land Preservation programs and environmental offsets which can sometimes bring additional revenue that is crucial to making a transaction work. Nutrient offset credits in the Chesapeake Bay Watershed have become a new component in the valuation of active farmland and for many rural properties which involve environmental features like streams, woodlands, pastureland, etc. We've partnered with the experts at Blueline Conservation Incentives, LLC in Northern Virginia on nutrient offset and land preservation programs and together we are part of a team with expertise in all of the Middle Atlantic States as they strive to meet WIP - Watershed Improvement Plans in order to meet the 2017 and 2025 water quality goals that were set by the 2010 Chesapeake Bay Plan. 

Awards

2009 -MD Historical Trust -Award for Project Excellence in the Restoration of Frieda's Cottage at Chestnut Lodge in Rockville, MD