Cracker renovations for a song, Makeovers can be a minefield

Cracker renovations for a song, Makeovers can be a minefield
Building slumps come with silver linings.  Building materials are being discounted and tradespeople who once quoted outrageous prices have suddenly become affordable. Ian Park, head of retail banking at ASB, says tradespeople are becoming more negotiable and it may also be easier to get their services in the slower economic environment. Costs of jobs are dropping almost by the week.  Project manager Mark Trafford, who runs Maintain To Profit, says he get several calls a day from tradespeople looking for extra work.  Quotes and hourly rates have dropped significantly over the past six months. The North Shore-based businessman and property investor, who employs contractors involved in 100 different trades, says the average rate has dropped from around $45 or $50 an hour to $30. Few builders have the two years of work on the books that they had at the height of the boom, says the Master Builders Federation.  “Builders are getting smart,” a spokeswoman said.  That might mean erecting a sign board saying when they’re available “or by looking for contract work” One Royal Oak homeowner, who had decided not to get her house painted 18 months ago after being quoted $12,000 to $15,000, has just had the job done for $5500 plus GST. Despite headlines about mortgage funds being in tight supply, renovations are assessed on a case by case basis, says Park. Stuart Wills, director of Mortgage Link West, adds: “If people have owned their own homes for two to three years, they probably have sufficient equity (to borrow against).  I have just done one with the National Bank and it was a piece of cake. ...

HOME RENOVATIONS AND BUILDERS

HOME RENOVATIONS AND BUILDERS
Renovating one’s own home gives the feeling of accomplishment and pride once the design is finished. But going through the details can be a bit daunting for most–renovation builders fulfil their tasks in maximizing their strengths and services for clients. The Boom of Home Improvement Home renovation falls under the bigger hat of home improvement. The industry has become the fastest growing retail sector in New Zealand with an increase of 60 percent from 2012–with an estimate of 30 percent of homes being renovated. The Certified Builders Association has seen a trend in expanding existing land and home space as opposed to purchasing new property. The reason being that there is apprehension of being able to move back in a residence. Extensive renovations are often made in bedrooms and bathrooms–sometimes with the addition of a garage. The demand of an upkeep of present houses comes in the midst of an increase in house prices in Auckland and surrounding areas. Renovations or Remodelling? Renovation and remodelling house procedures are both aesthetic changes to a home or structure. The difference between them is the extent to which the transformation takes place. Renovation focuses on the re-creation of a dilapidated space and often times, the pre-existing condition of the establishment is enough to be retained. Remodelling is not simply changing the surroundings or the decor but creating even the foundation of a home if necessary. This would include changing even the basic features of a room to make way for other additional components that would enhance it. Remodelling in a home is better for its functionality; from a designer and decorator’s perspective,...

Smart Planning – A Way to Keep up with Renovations Costs

Smart Planning – A Way to Keep up with Renovations Costs
Let us start by stating a fact: Your home renovation will cost more than you think. Renovations are typically variable, so if you don’t plan your steps carefully, the costs can easily add up. And next thing you know you’re faced with a bill you’re not ready to handle. It could become a major financial setback that could put your family and relationship into peril. In extreme cases, it could lead to marriage break-ups or even bankruptcy. Whether your renovation project is grand in scale or modest, success lies in smart planning. How to plan You usually take on a renovating project with a vision in mind. But when you start thinking of all the work involved, it’s hard to know exactly where to start. For this reason, it’s recommended to enlist the help of a renovation specialist early on in the process. A professional can help guide you through a project that is realistic for your budget, whilst taking into account your needs and priorities. If you plan to take on the project by yourself, make sure to spend as much time as needed to figure out the exact costs of the materials you need. Consider things like shipping fees and the time it takes to finish each part of the renovation. Take note that paint needs drying, cement needs curing, etc. Find out how much renovation costs in your area Materials and labour costs vary widely depending on location. As a rough guide, the cost to renovate per square meter in Auckland ranges from $1,800 to $2,500. Anything over $3,000 is a prohibitive cost, which means you...

Home Renovations With Highest Return At Resale

Home Renovations With Highest Return At Resale
With the increasing property values, many Kiwis prefer to put their money into improving their existing homes rather than buying a new property and relocating, which is costly in itself. As well as enhancing the aesthetics of a house and adapting its use to changing lifestyles, renovations add value when it’s time to sell. While all renovations boost a property’s value, some give higher returns than others do. So which projects exactly add the most value? Kitchens The biggest value-add in will come from the kitchen, which could rake in about $50,000-$60,000 in return. Understandably, kitchens have become the social spot of many homes in New Zealand. It’s become more than just a place for cooking and eating, but a focal point for gathering and family bonding. However, looking at the 2018 figures from Refresh Renovations, homeowners actually prioritise bathrooms (19.2 per cent) more than kitchens (14.9 per cent). This may be due to the fact that kitchens are expensive to renovate. In fact, a basic kitchen remodelling project can set you back by $10,000 to $30,000. If you don’t plan it thoroughly beforehand, the figure climbs rather easily and can get out of hand. Too often, the biggest cost there is manpower. If you think about DIY-ing to cut your expenses, think carefully. Going the DIY route may extend the duration of the job, and you may even pay more in buying or renting equipment for certain parts of the project. A lot of people don’t realise that time they spend on DIY renovations is time they could be spending in other money-generating pursuits. If you want to...

Renovations In Auckland Are Becoming More Affordable…

Renovations In Auckland Are Becoming More Affordable…
The news is out: New Zealand’s economy is taking a downturn as the global economic outlook continues to weaken. According to the official statement of the Reserve Bank of New Zealand released in late March 2019 (RBNZ): “The Official Cash Rate (OCR) remains at 1.75 percent. Given the weaker global economic outlook and reduced momentum in domestic spending, the more likely direction of our next OCR move is down.” The housing market has already reached a plateau and interest rates are staying low. That being said, now’s the best time to get going with the renovation plans you’ve been putting off for years. Home remodelling is becoming more affordable, so if you have the money, take advantage of this downturn to pick up remodelling projects you’ve always wanted to make. Yes, not too many homeowners would think about renovating during a recession. And that’s what makes renovating during an economic downturn cheaper. Top-notch talent like builders, plumbers and electricians will be more available. And guess what? They will be offering their services at lower rates. Not to mention, building materials like bricks, concrete and rebar will be cheaper than what they normally cost. When the economy bounces back, prices are going to skyrocket. Of course, if you are renovating in order to make more money in the end, you need to be wise about picking the projects to spend money on. Just last year, Stuff NZ shared a list of home improvement projects that make a good investment: Bathrooms – Big or small, bathroom improvements definitely has some of the highest return on investment. This is the area most...

Renovations Best Done During Summer

Renovations Best Done During Summer
Summer is finally here and there isn’t a better time to start renovating than in summer. The sun is out, the weather’s great, there’s no rain to interfere with the building works. And we are ready and waiting to start on your project! Always wanted to be chilling on your deck in summer? Wished you had some more privacy to do so with a new fence? We at Maintain To Profit Renovations are here to make these renovation dreams come true along with any other building project you have in mind. Building your new summer deck Whether the have an existing deck or not, we can help you to design, plan and build the new deck you have in mind so that you can enjoy the summer outdoors with your friends and family. Adding a deck is almost always a top priority for kiwis who are renovating, and whether you are rebuilding your current deck, extending it, or need a whole new design altogether, we can provide the solution you are looking for. You tell us your ideas and we will turn it into reality. Things to consider when building a new deck There are many variables to consider when deciding which direction to go with your deck. Things like materials, size, budget all come into question. Keep these following points in mind when planning yours. Material – Historically, the original and most popular choice to build a deck out of is wood. However, these days it’s not the only decking material available. Some materials include: Weather-Resistant Woods such as cedar, cypress and ipe. Pressure-Treated Woods such as treated lumber. Hardwoods...

Our Top 5 Bathroom Renovations In Auckland

Our Top 5 Bathroom Renovations In Auckland
Bathroom renovations are a great way to add value to your home and make it a pleasant place to be. More and more people are starting to renovate their bathrooms to bring them up to date and take advantage of new technologies that have come in recent years. You can even make more space in your bathroom through remodeling! Where to begin? When renovating your bathroom, you will want to consider the following this: Budget – This is the first and most important thing to consider. Without it, there will be no renovation. Have a clear budget in mind and make sure that all things you select will fit within this. Time –  When do you want to start and when do you want the project finished by. You will want to account for hidden problems and issues that may arise. Design and functionality – The colors, style and bathroomware you choose. You want all these things to tie together and function together provide an efficient and user friendly bathroom. Here are some of our favourite bathroom renovations that we have been involved in recently. Hobson St, Auckland City Bathroom Renovation – A bathroom renovation recently tackled by our North Shore team, this bathroom was part of a full interior home renovation. The whole interior of the home, including the bathroom, was getting old and badly needed a refinish. As you can see in the bathroom, the whites had become discolored and unsightly. Not to mention that it was well out of style. We updated the look by introducing a few carefully chosen colors, as well as all updated...

We Also Do Renovations In Hamilton!

We Also Do Renovations In Hamilton!
Hamilton is very much an up an coming city, following closely behind Auckland. Due to it’s relatively close proximity and the large spill over of property demand in Auckland, Hamilton has begun to see it’s fair share of home builds, renovations and construction work. Whether you are in Crawshaw, Livingstone, Aberdeen or Hillcrest, you will not doubt have noticed both the demand for houses and the increase in house building projects around Hamilton. Property managers and real estate agents all agree that the housing market has been on the steady rise for quite some time. Are you looking to renovate your Hamilton home? From Chartwell to Thorton, Stonebridge to Forest Lake, we can take care of any renovation, rebuild or house building project you have in mind. Our Hamilton team have been involved in a number of renovations over the years, helping many home owners make their dream homes a reality. Our Hamilton and Waikato service includes the following suburbs: Frankton Te Rapa Hillcrest Aberdeen Crawshaw Livingstone Chartwell Thorton Stonebridge Forest Lake Claudelands Dinsdale Fairfield Fairview Downs Flagstaff Who will you be working with?   Mike Wilson – Mike has spend several years working with Hamilton homes owners to plan, construct and complete all kinds of buildings from single room extensions to extensive home renovations. From Frankton to Te Rapa, he has been at the center of many renovation projects in the city of Hamilton and in the wider Waikato area.     Ready to begin your Hamilton renovation? Get in contact with our Hamilton Renovations team now and let’s begin your project!        ...

Renovations In The Eastern Auckland City Suburbs

Renovations In The Eastern Auckland City Suburbs
Have you been considering beginning to renovate your East Auckland home? Whether you live in Glendowie, Kohimarama or Meadowbank, we are here to help you get going! Renovations in the eastern region of Auckland have been going strong for a while now, and we’ve been right in the center of the action. Having been part of many renovations in the eastern side of Auckland, we are more than ready to get going on your home next. From Glen Innes to Orakei and everything in between, we cover the whole City East of Auckland! It doesn’t matter if you are looking at just renovating one small room such as a bedroom or you want a complete kitchen or bathroom makeover, we can do it! No renovation is too big or small for our City East team. Our City East Auckland Specialist Matt Christie – Matt is our expert on the City East area and has been dealing with renovations in the area for many years. He knows the ins and outs of what needs to be done when undertaking a build in the area and will provide you with all the information you need. No matter if it’s in Mission Bay, Mt Wellington, Panmure or St Johns, Matt knows his stuff!     Are you ready to begin your renovation? Even if you are in Point England, St Heliers or Stonefields, we can being working on your renovation today! If you don’t even know where to begin, that is not an issue. We can help you to come up with a plan for what you want to achieve. Then, leave...

All About Kitchen Renovations

All About Kitchen Renovations
The reasons as to why you might be looking at changing your kitchen are endless. Everyone has their own version of what their dream kitchen would be. Seeing as it is one of the most important rooms in your home. Perhaps you are about to sell and you want to increase the resale value of your home, or maybe you’re ready to change your dated kitchen for one that better suits your family’s lifestyle. People’s needs do change over time. Spending your hard earned money on a kitchen upgrade is a wise choice. Upgrading your kitchen is often the best bang for buck upgrade you can do. In other words, you will get much more in return for your money than if you spend that money redoing other parts of your home. Maintain To Profit Renovations have been helping Kiwi’s update, renovate or fully replace their kitchens for many years. We have all the experts at our fingertips to ensure you get a beautiful kitchen with as less hassle as possible. Being at the forefront of New Zealander’s renovation projects, Maintain To Profit Renovations can help you with new kitchen design and talk you through the latest design trends. We know what the latest functional innovations are, such as under counter refrigerators that allow children to serve themselves and barstools for kitchen islands and we can explain how these innovations could enhance your kitchen experience. Maintain To Profit Renovations also have industry links with the best of kitchen technology brands, be it for residential or commercial grade kitchens. Each year the top designer brands release new appliances to help...

Subscribe to our newsletter!

Its a good time to subscribe and stay up to date with offers and property news.