- Permits and inspections
Home renovation can be an exciting journey, especially for first-timers. The idea of a new kitchen, a walk-in wardrobe, or an open-plan living space often fuels the enthusiasm to get started.
However, the excitement can quickly turn into stress when unexpected costs start piling up. While most homeowners budget for materials and labour, many overlook hidden expenses that can significantly impact the final cost.
If you’re planning a home renovation, it’s essential to consider these often-forgotten costs to avoid financial surprises. Here’s a breakdown of some hidden renovation costs that homeowners frequently miss.
But wait…
Before diving into your renovation, it’s crucial to establish a clear and realistic budget. Break down your costs and plan in detail where your money will go. Always include a buffer for unexpected expenses. Renovations often reveal unforeseen issues that can lead to additional costs. Being proactive can help you stay on track and avoid financial strain.