- Why are you doing this renovation?
It is vital that you know the objective of the renovation before you start as this will help you keep on track and make the appropriate decisions once the work has started. The objective may be any one of the following:
- increase rental return; improve capital value
- own enjoyment
- keep up with the next door neighbours
- provide an income when property is flipped (ie: purchased, renovated and then sold in a short period of time)
- or something else which is important to you.