3 useful tips for successfully renovating a historic house

We don’t get to see many historic houses that are in good condition as we drive down the roads today, do we? Ever wondered why? This is mainly because of the high risk, cost and commitment required to successfully conclude the restoration of such a property, which most buyers and sellers are trying to avoid. However, the market demand for old-fashioned residencies have significantly improved over the last few years and if you are someone who are planning on restoring one to cater to this growing demand, you will surely be able to turn a substantial profit. However, it is important for you to gain proper understanding about important things that you must keep in mind in order to make such an undertaking a success, and in this article, we will look into three such pointers.

Expert assistance

The first step of your renovation project must be putting together the perfect team for the job, because it’s never a good idea to rely only on whatever little knowledge you may have about this field. Start by finding a historian who is knowledgeable about the history and the architecture of your local area. Their insights will help you figure out the exact value of the property with which you are working, and just how much improvements it really needs. Then, you must find a contractor who specializes in the renovation of old houses. You can communicate to them regarding your requirements and what you want to do with the house and determine just how you are going to go about it.

You may refer to HDB renovation packages or develop a custom package with the help of the contractor and stick to it throughout the endeavor.

Quality over size

When restoring an old house, always determine your financial capability before getting things started and determine exactly what you can spend on. The important thing to remember is, it is always better to purchase a relatively small house and renovate it with genuine, highest quality materials, rather than purchasing a bigger property and filling it with a load of cheap fittings that will completely destroy its authenticity. A surprisingly high number of buyers would be attracted to the former than the latter because they all value quality over the mere size of the property.

Know where to start

You might want to start things off in a high note by setting up the furniture, painting everything or hanging some old paintings, but the most appealing tasks are the ones that must be saved for last, because, ironically, the least appealing ones are most important. The roof pf the house is one of the most important structures and in a historic one, its condition might in a questionable state. Same goes for the floor and the windows, which can both become victims to water and moisture, the silent killers of old homes. Therefore, start by taking care of these areas to make sure the process continues smoothly thereafter.

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