Not many people realise that one of my dreams is to one day buy an old house and fully restore it to its former glory. There is something so beautiful about older homes, they have spirit and warmth. It’s the sort of feeling you don’t really get with newer homes.
Here are my tips!
1. Choose something that you can finish
Many people get into restoring homes only to find that the job they have taken on is too big and too costly. So make sure you work out exactly how much time and energy you want to expend into restoring the property. Don’t purchase something that is far more work than you want to do regardless of the cheap price!
Make a budget for the renovations and make sure you stick to it! Again, this comes down to choosing the right property – for your time, your money and for future profit potential.
3. Choose something with natural beauty
Gorgeous elements such as high beam ceiling or exposed bricks are all the rage, so choose something that has these elements. This will add to the value of the property in the long run and also give you something beautiful to restore.
4. Think about your future plans for the property
Do you want to sell the property, live in it or rent it out? If you choose to rent it out it might be useful to invest in some property management software in order to ensure you get the best bang for your buck!
5. Stick to the theme
There’s no point renovating a beautiful old property to turn it into something lifeless and modern. Stick with the home’s natural feel. If it’s a country feel go with that. A bit industrial style? Roll with that. Restoring is all about bringing life back to the thing being restored so take the house back to its original beauty, nothing more.
Need some help remodeling your home? Check out my previous post on giving your home a new lease of life.