Whether you’re a fan of The Block or not, the chances are that you know what the show is all about. You might even have looked at the show for inspiration when planning your own home renovations. One potential downfall of looking to The Block for your home renovation ideas is that even the early seasons of the show had a budget of $40,000, while today’s episodes commonly see well over $100,000 spent on renovating each apartment.
However, just because you don’t have that sort of money to spend on home renovations, that doesn’t mean you can’t make your property look like it could be on The Block. If you do a great job of renovating your own home on a budget, it also means you’ll make a much bigger profit if you’re planning to sell in the near future. One of the major benefits of owning your own home, after all, is that you can spend a little on home improvements and increase your property value by far more than what you’ve put into it.
What should you do to get a home out of The Block on a budget? Here are five ideas for home renovations.
Perhaps the biggest thing modern properties have in common is how well-lit they are. The big benefit of having a well-lit property is that it allows you to show off the spaciousness. Even if you have a smaller property, clever use of lighting can make your space seem huge, especially if you have an open plan style space like many of the apartments on The Block do.
To maximise your use of light, you should invest in modern light fittings. Although older fittings can be quirky and add character to your rooms, they can also make your space look incredibly dated, and often have overbearing elements that don’t allow you to make the most of the light.
We all know someone who updates their home décor as often as they update their wardrobe. While this is fun if you don’t mind having painters in your home or you enjoy taking care of the decorating yourself, not only can it be awfully expensive but it’s another way to make your home look dated if you can’t keep on top of it.
One thing most modern, stylish properties have in common is that they’re decked out in neutral colours. This doesn’t mean you need to cover your home from top to bottom in magnolia – that’s more boring than neutral. What you should do is go for stylish brown and in particular shades of grey. From a decorating perspective these will make your space look modern as well as bringing a calming feel to your rooms, while allowing you to introduce brighter colours through furniture or tasteful accessories if you wish to.
Tiles are common in kitchens and bathrooms, while many who don’t have them in these rooms often think installing tiling would be expensive.
However, tiling today is an affordable option thanks to even the cheapest tiles looking stylish and classy. Best of all, it’s very easy to tile yourself, so you won’t have the costs of paying someone to come into your home to do it for you, either.
We know that open plan spaces aren’t for everyone, which means you should make the most of interior doors.
The biggest problem your interior doors are likely to cause you is that they’re bulky and solid, and thus if you keep them closed they’ll stop the flow of light through your property. Depending on your own preferences you’ll need to make a judgement call on this one, because if you have solid doors that you keep open to let the light through, this can make your home look messy.
If you don’t want solid interior doors, what are your options?
Whatever option you choose, having a great looking interior door set-up doesn’t have to cost a fortune but can add a lot of value to your home.
While The Block focuses on apartments, the apartment blocks themselves often look great from the outside with statement entranceways.
When updating and renovating their homes, many people don’t consider the impact of updating the exterior.
If you live in a house, even cleaning the exterior brickwork can make a massive difference to the appearance and the value of your home, as can tidying up the front garden and making flowerbeds and lawns look attractive. Those are all fairly simple, budget friendly options, too.
Should you have a little more budget to play with, then on top of doing these things, look at how you can make the entry points of your home stand out. For the front this may mean you do something as simple as having a covered entrance way, though you could go as far as installing a terrace if you wanted to go further. For the rear of your home, decking and awning isn’t the budget busting project many people would have you believe, and in the summer almost acts as an additional room for your home.
As you can see, you don’t necessarily need to spend tens of thousands of dollars to make your property look expensive. All the projects we have mentioned are achievable on small budgets, though you will naturally need to spend a little more if you want to do several of them to really take your home to the next level in terms of appearance and value.
If you are looking to spend a little more on your home renovations, NOW FINANCE may be able to help you out with a home renovation loan. This means you don’t have to dip into your own savings or wait until you’ve saved a specific amount of cash; you can undertake the home renovations you want now, and pay back your loan over the next 18 months to 84 months while enjoying the improved lifestyle your renovations will bring as well as the feeling of living in a higher value property.
Get your interest rate here prior to applying, and learn how NOW FINANCE can help you make your home look like it’s been featured on The Block.
Disclaimer: This article contains general comments and recommendations only. This article has been prepared without taking account of your objectives, financial situation or needs. Before taking any action you should consider the appropriateness of the comments made in the article, having regard to your objectives, financial situation and needs. If this article relates to the acquisition, or possible acquisition, of a particular credit product you should obtain and consider the relevant disclosure documents before applying for the product.
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