So, you purchased a home, now what do you do? Here are 10 tips on what you should do next.
Congratulations on buying your new home! It’s a major milestone! You’re likely focused right now on setting up your utilities (electricity, gas, and water) and internet, and notifying your post office of your new address. But owning a home also requires routine maintenance, and potentially some renovations. Whether you purchased a fixer-upper or a newly built home, all homes require regular care in order to preserve your comfort, safety, and investment.
Here are some helpful tips on what to do after buying a home:
Conduct a thorough inspection: Before making any renovations or changes, it’s important to do a thorough inspection of your new home. Some people hire a professional during the buying process, while other homeowners do it on their own. Whatever route you choose moving forward, inspecting your home regularly helps you identify any potential issues or repairs that need to be made. Regular inspections can help you catch small issues before they become major problems. Make sure you inspect your home at least once a year.
Get to know your home: Spend some time getting to know your home inside and out. Learn where the main shut-off valves are located and how to turn them off in case of an emergency.
Prioritize repairs: Start by making a list of all the things that need to be fixed or renovated. Once you’ve identified any necessary repairs, prioritize them based on their urgency and importance. For example, a leaky roof or faulty electrical wiring should be addressed immediately, while cosmetic changes can be done at a time that’s right for you.
Develop a maintenance plan: Regular maintenance is key to preventing larger problems down the road. Develop a maintenance plan that includes tasks such as cleaning gutters, changing air filters, and inspecting the HVAC system. Tip: Keep a record of all repairs, renovations, and maintenance tasks performed on your home. This can be helpful for future reference and for potential resale value.
Create a repair fund and renovation budget: Purchasing a home can really eat into your savings, but it’s important to set aside funds for any urgent repairs that may be required. And if you’re looking to make renovations, create a budget for it so that you know what your savings goal should be. Having a budget can help you prioritize your renovation goals and make sure you allocate enough funds to the most important aspects of the project.
Choose the right contractor: Although you may want to do some of the work yourself, sometimes it’s best just to hire a contractor, especially if you don’t have the tools or know-how. When hiring a renovation contractor, do your research and choose reputable professionals who are licensed and insured. Get multiple quotes and ask for references to ensure you’re getting the best service for your money. And always get a written contract! RenoMark identifies professional contractors who have agreed to abide by a renovation-specific Code of Conduct. The Renovators Mark of Excellence makes it easy for homeowners to identify participating professional renovators who have agreed to provide a superior level of service. Find a renovator near you!
Make changes that fit your lifestyle: Renovations should be tailored to fit your lifestyle and needs. Consider the size of your family, your hobbies, your work-from-home needs, and any other relevant factors when planning renovations. If you plan on living in your home for a long time, consider making renovations that will accommodate your future needs. For example, you may want to add a first-floor bedroom or curbless shower for accessibility.
Consider energy-efficient upgrades: Upgrading appliances, insulation, and windows can help reduce energy costs and improve the overall efficiency of your home. Consider these upgrades as part of your renovation plan, as that’s often the best time to do them.
Get inspiration: Look for inspiration for your home renovations from sources such as home design websites, magazines, and social media. This can help you get ideas for your own space and make the process more fun and creative.
Stay within local regulations: Before making any major changes to your home, be sure to check local regulations and obtain any necessary permits. This will help ensure your renovations are legal and comply to the building code. A RenoMark professional can help you with this process.
Remember, renovating and maintaining your home is a process that takes time and effort, but it can also be a rewarding experience that helps you create a space that truly feels like your own. By following these tips, you can enjoy your new home and achieve your renovation goals while minimizing stress and maximizing the enjoyment of the process!