When you own your own property, it’s usually completely up to you if you want to make renovations and remodel. However, if the property you own is an apartment or a townhome, you may have a few more hoops to jump through or considerations to make before you can get started on your project. While things like the foundation of the building or issues with utilities won’t land on your head, you may have to double check with many outside entities during your planning and preparation phase.
To help you in figuring all of this out, here are three tips for renovating your apartment or townhome.
Consider If You’ll Rent It Out In The Future
One of the first things that you’ll want to think about before you start on an apartment or townhome renovation is who will be living in the property.
According to Gus Ross, a contributor to BiggerPockets.com, if you’re planning to rent out the property to a tenant, the best choice for renovations will be to only upgrade things that will allow you to charge a higher rent. Since putting in too many upgrades often won’t give you a good return on your investment, you’ll want to be careful with how much work and money you put into a rental. But if you’ll be living in the home yourself, any renovation that you think will make your home more enjoyable to live in should be on the table.
Get The Right Approval
Once you’ve figured out just what renovations you want to do on your property, it’s time to find out if you’ll actually be able to make these dreams a reality.
According to The Little Design Corner, you’ll need to ensure that your proposed changes all adhere to the by-laws of your building before you can start doing any renovations. This will usually require you to get approval from your housing association or people who sit on the board of your building. To increase your chances of getting this all to go smoothly, make sure you do your homework and follow all proposed guidelines.
Don’t Inconvenience Others
When you’re renovating an apartment or townhome, there’s more than just yourself that you need to think about. Because other people are living in close proximity to you, you need to be sure that you do your best not to inconvenience everyone else too much.
To do this, Alix Davis, a contributor to Houzz.com, recommends that you try to only work on your renovations during normal business hours so you’re not keeping your neighbors up with all the noise. Additionally, you should be sure to remove all garbage or debris as quickly as possible and try not to take up too many parking spaces.
If you own an apartment or a townhome that you’re wanting to do some renovations on, consider using the tips mentioned above to help you do so successfully.