Judging by the popular shows on HGTV and the DIY Network, the average time to renovate a home is 24 minutes. Obviously, that’s not a true statement, but at the core of the issue is the concept that a facile host presiding over a ride-‘em-rough-shod remodeling TV program can often overshadow the very real and sometimes difficult process of completing a home renovation or “flipping” a house. In the Texas Hill Country, the market for house flipping, or simple upgrade work is substantial, and while you may have your eyes and heart set on a certain style or look, there are various permitting processes to follow, contractors that need to be reviewed, and overall budgets that might have you wondering if it’s worth it. It can be! If done right, a renovation to a Texas Hill Country home can bring years of satisfaction, pride, and comfort to the homeowner, or profit to put on the bottom line of a house flipper. Here are some serious ways to ensure your Texas Hill Country home renovation or house flipping project stays on track.
Lifestyle
House Flipping & Home Renovation in the Texas Hill Country
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List Your Wants, Needs, & Desires and Nail Down a Budget.
Photo: Pixabay
Think about how you want the home to look and operate. You may want to consider listing your top 10 wants, needs, and desires. Look for inspiration online and in magazines, or visit local furniture showrooms to help define your ideas. Based on the finalized version of things you want, determine a budget, or a basic figure that you are comfortable with and prepared to spend on the renovation. It may be a good idea to check with local contractors, local home projects, and the county office on current remodeling values locally and average projects costs. Then add somewhere between 10 and 20 percent for contingencies.
Insurance & Permits
