Sherzer Insurance Blog
Whether you’re renting out your condominium or you’re living in it, when you decide to do some renovations, the process differs from typical house renovations. There are considerations you should make and rules to follow before you begin.
Familiarize Yourself With The Rules
Every condominium has its set of rules that all owners should follow. The board has policies regarding renovations: from the materials, you can use up to which elevator you should ride when bringing in the products. It’s essential to take note of every detail of the rules that the management tells you so that you won’t have problems with both your neighbors and your contract.
Identify The Reason Why You Want To Renovate
Whether the renovation is for potential clients or not, you should be transparent with the purpose of what you’ll be doing to be able to prioritize correctly. Either way, a renovation can help add value to the condo’s price. If you plan on staying in the unit, take into consideration how many years you’ll be staying in the condominium. If you foresee that you’ll stay for less than five years, make sure that you purchase products that you can bring with you to your next home. Examples are appliances or furniture.
Be Realistic And Identify What You Cannot Do.
As exciting as it sounds, renovations should depend on the structure of the condominium. Sometimes, condos have walls that are angled differently than most, and you need to ask for a professional’s opinion on this matter. This consultation can help you decide on which products you need to buy and what type of renovation you can do.
Don’t Be Afraid To Repaint.
Most condo owners fear that repainting the rooms won’t impress potential clients. But the truth is, whether they like the color or not, they can always ask you to repaint the walls as part of the renovation budget. Repainting is an easy task compared to what meticulous clients want. Always assume that repainting is part of the renovation process to show a fresh, clean look for the next client.
Get condo insurance if you want to protect both the condominium as well as your pockets if there are accidents and damages in the long run.
At Sherzer Insurance Agency, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (239) 673-9301. Get your free quote today by CLICKING HERE.