But this is balanced out by the prospect of significantly increased resale value, more and better living space, and a gorgeous home that you’ll enjoy living in. For many homeowners, designing your dream space is the most exciting part of the process. If you are working with a designer, they will go through this process with you, presenting ideas and plans to you for feedback and approval. In preparing a home renovation fund, you can use savings funds or loan funds. If you use savings funds, make sure that these funds have been prepared in the long term and do not interfere with your other expense items. Another alternative is that you can apply for loan funds to finance home renovations through financing companies or other financial institutions.

Meanwhile for stratified properties, you’ll need to obtain approval from the management office. Typically, the management will request a deposit before the renovation work begins as a guarantee for the renovation work to be carried out. Accurate measurements play a crucial role and should be given due attention during home renovation work.