Apartment Renovation Project Guide

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Renovating an apartment can be laborious work, but it doesn’t have to be. If you have the right plan in place, you can make your apartment look as good as new. Just like with any renovation project, you need to create a working budget, a time frame for completion, source materials like paint or replacement windows, and even hire an interior designer to help out with the finishing touches. 

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As a landlord, whether you’re looking to increase the property value of your apartment building, renovating all those outdated rooms is a great idea that will increase your property value. Alternatively, if you are a leaseholder and renting your apartment, renovating or upgrading your living space may require permission from your landlord or property manager, or you can double-check your lease agreement to see what changes you are allowed to do.

Creating a Budget

Renovation requires an investment and depending on the amount of work that needs to be done, structuring a budget for your project will keep you focused on what important changes need to be completed instead of splurging on unnecessary details that will make you go over your spending limit. If you are paying in cash, taking out a loan, or applying for credit, the budget of your renovation will need to fit within the limit of your available funds. As a good rule of thumb, once you know how much you can afford to spend, setting aside emergency funds for unexpected expenses is highly recommended. You never know if something will go wrong or cost more than originally projected, setting aside backup funds can give that extra sense of confidence that you will finish your project no matter what.

Hiring the Right People

If you are going to tackle your renovation project on your own, it may take longer to complete, whereas an experienced team of interior designers, contractors, and engineers can help you achieve your renovation goals faster and more efficiently. You can hire individual contractors, or you can opt for a company that specializes in renovations and they will offer their professional advice, estimates, and sourcing of materials. Not only is finding the right people important but knowing what needs renovating is crucial, you can learn more about renovation options by determining what needs major renovation and what requires just a couple of fixes.

Time Frame Assessment

Due times and deadlines is another area that requires particular attention. In order to complete your renovation project on time, outlining a detailed plan and timetable for completion will keep everything on schedule and if any setbacks or extra work came up unexpectedly, you can always adjust the timeline to accommodate such changes and get right back on track. Keeping a schedule gives everyone a roadmap and creates a sense of urgency that certain milestones need to be met at certain dates during the project to ensure it’s on schedule.

Permission and Permits

Major renovations such as window replacement, plumbing, and electrical work are some examples of home improvement and renovation work that always require a permit. But while relatively minor renovations, like replacing flooring or countertops, can generally be done without obtaining a permit from your local municipality. To be on the safe side, it’s highly recommended to check with your local city’s office whether your renovation will require a permit. If you don’t obtain the necessary permits for a renovation and someone in your local government office becomes aware of that fact, you could face a serious fine.

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Apartment Renovation Project Guide
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Renovating an apartment can be laborious work, but it doesn’t have to be.
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