03 9421 5100

When Is It a Good Time to Renovate My Home?

01/09/2020
21:33 PM

Summer is often considered to be the best season for home renovation, and it usually is. The days are sunny, and the weather is warm, so it is easier to work indoor and outside the house. However, apart from the weather, there is a lot more to consider when planning a home renovation. Let's take a look at some of the factors that will help you determine a critical question of when is a good time for home renovation.

Availability of the Contractor

The construction and home renovation industry has its own peak seasons, followed by periods of low activity. And their cycle does not vary with the economic conditions. If you are planning a home renovation, you can always check for the availability of the contractor. During peak season, it is normal for contractors to be unavailable. Moreover, they tend to charge more during the busy season. Therefore, you need to keep a check on when the construction and home renovation industry is going through a period of low activity and take advantage of it.

Previously Christmas and New Year were considered the best time for renovation; however, today's start is one of the busiest seasons to work around. To find more about the best window for home renovation, check with the contractors available in your city. Again, the window may be too short, and it is possible that you may not find the right contractor even during the off-season because of reason #2.

Off-season Discounts

It is common for contractors to give away discounts during the off-season. This measure is not just used to attract customers but also keeps the employees busy during the not-so-active periods. Moreover, apart from the contractors, several hardware stores offer off-season discounts. So even when you don't get the benefit from the contractor, you are more likely to get one from the store.

Your Budget

Perhaps the second-largest expense after home construction is home renovation. And while the renovation is likely to add value to your property, you cannot reap the benefits until you sell your home. So whatever amount you are willing to spend on home renovation depends on your current financial conditions and budget. Moreover, if you are planning to take out loans for home improvement, you will have to consider the current interest rates. Keeping in mind the financials, you can find out the best time for home renovation.

Individual Circumstances

And lastly, your personal circumstances will determine the right time for home renovation. Are you someone with children at home during the summers? Will you have a busy schedule during the holidays? Are you likely to host someone over the New Year holidays? Then it may not be the right time for home renovation. However, if you are likely to travel and do not expect to use the kitchen over the next few weeks, then it may be the right time for you. So everyone has unique circumstances based on which the best time for renovation varies.

Weather is indeed an important consideration, but it is not the only factor that determines the best time for home renovation. When planning for home renovation, you need to keep in mind the peak and off seasons of the construction industry, but more importantly, you have to consider your financial conditions and personal circumstances when determining the right time for home renovation. To know more about renovating your home, get in touch now!