A renovation allows you to adapt your home to your personal wishes. Whether you want an extra bedroom, a home office or a larger living space, a renovation helps you tailor your home to your needs.
"}},{"title":"Increase your home value","richBody":{"value":"By taking the right approach, a renovation can possibly increase the value of your home. More square metres could result in a higher property value. Modernising your home can also boost its value.
"}},{"title":"Make your home more sustainable","richBody":{"value":"A renovation can help you make your home more energy efficient. For example, by improving insulation or generating your own energy with solar panels. In addition, making your home more sustainable may lower your energy bill, and a potentially higher energy label can possibly influence your mortgage interest rate. Sustainability improvements may also increase the long-term value of your home.
"}},{"title":"Adapt to technological advances","richBody":{"value":"A renovation can help you make your home more energy efficient. For example, by improving insulation or generating your own energy with solar panels. In addition, making your home more sustainable may lower your energy bill, and a potentially higher energy label
can possibly influence your mortgage interest rate. Sustainability improvements may also increase the long-term value of your home.
Renovations can also help improve the safety and health of your home. You might replace outdated wiring, install smoke and carbon monoxide detectors or choose allergy friendly flooring. This can create a safer and healthier living environment for you and your family.
"}},{"title":"Respond to changing needs","richBody":{"value":"If your family is growing or your needs are changing over time, a renovation can help you to improve your home, so it better matches your needs. This might involve adding a child’s bedroom or expanding your kitchen with a cooking island so that your home fits your lifestyle at every stage.
"}},{"title":"Gain more insight into...","richBody":{"value":"Your own home: Where are the walls placed, and why? What’s the story behind that one screw? Why are the solar panels positioned in that particular spot on the roof? What kind of foundation does your home have? You’ll gain more insight into this. And you’ll also learn more about your own skills when it comes to managing a renovation, your patience and how you are contributing to a better world by choosing to make your home more sustainable.
"}}]},{"componentType":"sectionTitle","title":"Renovations also have a few downsides..."},{"componentType":"accordion","accordionList":[{"title":"Costs and arranging your financing","richBody":{"value":"If you choose to finance the renovation with a loan, your monthly expenses are likely to increase. You may also incur costs when applying for the loan, such as advisory and administrative fees. Renovating can be a major investment and the costs can rise quickly. It is important to budget realistically and consider possible and unforeseen extra costs.
"}},{"title":"Some patience before your renovation is complete","richBody":{"value":"A renovation can be time consuming and affect your daily routine. Careful planning and setting aside enough time can help reduce disruption. You may also need to wait for permits, which can take a long time and delay your renovation schedule.
"}},{"title":"A lot to arrange","richBody":{"value":"Renovating can sometimes bring uncertainty and stress. This is especially true when it comes to finding the right contractors, planning the work and dealing with unexpected issues during the renovation process. It is important to be well informed and to work with reliable professionals.
"}},{"title":"Earn back your investement","richBody":{"value":"In some cases, it may take a long time before you earn back the cost of your renovation or sustainability measures, or you may not earn them back at all when you sell your home. So think carefully about whether renovating or making your home more sustainable suits your living needs and budget.
"}},{"title":"Temporarily reduced access to parts of your home or even a temporary move","richBody":{"value":"During a renovation, parts of your home may become temporarily unusable. This can be inconvenient, especially if it involves essential areas such as the kitchen or bathroom, meaning you may need temporary alternatives. In some cases, a renovation is so major that you may have to live elsewhere temporarily, which can lead to additional costs.
"}},{"title":"Dust and clutter","richBody":{"value":"Renovating often creates a lot of dust and mess in your home, which means extra cleaning and inconvenience. This can be especially problematic for people with allergies or respiratory issues.
"}},{"title":"Temporarily reduced privacy","richBody":{"value":"During the renovation, various people such as contractors and builders may be going in and out of your home. This can reduce your privacy, which some people might find uncomfortable.
"}}]},{"componentType":"sectionTitle","title":"Curious about your options?"},{"componentType":"paragraph","richBody":{"value":"Already know you want to renovate? Discover more today about how you can finance your renovation, from subsidies to mortgage options. So your house truly becomes your home.
Schedule a free call or get in touch with an independent adviser. ING works together with more than 2,700 independent advisers.
"}}]}}}