Renovating Your Kitchen?

If you are planning on fixing up your investment property, chances are that the kitchen is one of your top priorities. However, before you even pick up a hammer or call up a contractor, here are some things you need to consider:

  1. Clean up the kitchen prior to renovation. You want to keep things organized even before you begin. This would make it easier for you to find things, such as your appliances, when you need to re-place them once the renovation's over. Having boxes handy would be important at this stage. Also make sure to label each box properly for easy identification.
  2. Consider where you'll place the appliances. Try not to get too caught up maximizing the kitchen space. Otherwise, you might belatedly find out that there's not enough room for your appliances. Therefore, consider beforehand where large appliances should go, such as the fridge and your oven.
  3. Replace old fixtures and appliances. Aim to have a 'green' property by replacing things in the kitchen that might waste water and energy. Replacing old taps and appliances with more efficient ones not only helps save the environment but could also cut utility costs. There's another practical reason behind this. Newer fixtures and appliances are also least likely to break down soon, which could help you save money in the long term.
  4. Keep it simple. Try to put a balance between form and function if you're renovating your kitchen. While it's tempting go overboard to give it a contemporary look, try to go for something that would have a more lasting appeal. You could do this by keeping things simple, including your colour palette of choice, and materials for your floor and walls.
  5. Provide enough electrical outlets. The kitchen is one of the most power-hungry parts of any home. It is therefore important to have enough sockets for all the appliances you wish to put there, plus a few more for other electronics. That includes your fridge, microwave, and your dishwasher.

There you have it, all the essential tips you need before you renovate the kitchen in your investment property. It pays to be prepared so you can take the stress out of the entire process and ensure everything stays on budget.

When it comes to getting a great deal on your home loan, speak with the qualified advisors at Rate Detective. They will take your needs and budget into consideration and provide you with a rate comparison of Australia's top lenders. This gives you the power of choice when it comes to getting the home loan you deserve.

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Published on November 11-nd, 2012 in Home Loans
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.
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