Questions to Ask Before you Buy a property to Renovate

When you are looking for a house, you might be considering buying something that needs work. This way, you can buy the property for a cheaper price and then spend some time putting your own stamp on it. However, you need to know what you are doing when you are taking on a renovation project like this, and if you have not done it before, make sure that you do plenty of research.

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Here are some of the things to think about if you are thinking of doing this…

Will you be able to do any of the Work Yourself? – Lots of people save money on this sort of a project by doing some of the work themselves. However, the amount that you can do will depend very much on your skills and there are some things that you will need to get a professional in for. Things like gas installation for example should only ever be done by someone who has the relevant skills and training to be able to do it safely.

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How much will the Renovation Work Cost to do? – Before you buy a property that is a project, getting someone who knows what they are doing to have a look round with you is important, as this will give you an estimate of what the cost is likely to be to do it. Get a local builder like this builders Bristol who will know what to look for and give you an estimate.

Is there Scope to Extend? – If you want to increase the size of the property, is there a way that you can do this> It is worth looking into the planning regulations in the area and checking other local properties to see if they have extended if this is a route that you want to go down – you don’t want to buy it only to be denied planning permission.

How long is it Expected to Take? – Take the timescale into account as you will have to work out where you are going to stay whilst the work is going on. It might be that you need to rent somewhere for some time, depending on how much you need to do, so this must also be factored into your budget.

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