Renovating a new home is an exciting journey, but it’s easy to get carried away with design trends and unnecessary upgrades. While it’s tempting to splurge on every detail, some items may not provide the best return on investment—or worse, they might not even suit your lifestyle. Having been doing residential renovation and construction for the past 15 years, I’ve seen homeowners overspend on certain elements that don’t always add significant value.
Let’s take a closer look at some common items where you might be overspending (focusing on new developments or newly constructed homes)—and how to make smarter choices.
In an older house or development, re-doing bathrooms are almost always top of the list. And it's a no brainer. Apart from refreshing the aesthetics, you would want to change new pipping, waterproofing, bathroom fittings, and even enlarge the size of the bathroom to fit a bathtub or to fit a his and hers basin setting.
However, for a new development, I don't see any other reasons apart from not liking the tiles that developer as provided. While it’s true that bathrooms are important spaces, replacing perfectly functional tiles just for the sake of a new look can be costly.
Kitchen islands are undeniably trendy and functional, but they maynot always the best choice—especially where space is limited. It's good to be clear on why you would like to have one; to have extra kitchen counter space, extra seating area, or because it looks good.
Feature walls can be stunning focal points, but they’re often purely aesthetic and don’t contribute much to your daily lifestyle, as opposed to say extra storage space. There are situations where features is essential, like having a concealed door to the bathroom or private areas.
While it’s fun to create themed rooms for children, they can quickly outgrow the design, leaving you with an expensive room that no longer suits their tastes. Of course the essentials, like wardrobe and study desks, that can last beyond their teens is a must do, if the space permits.
At the end to the day, without judgement, you can do anything you like to turn your brand new house into a dream home (with budget not being a deterrent.)
When renovating your new home, it’s important to strike a balance between aesthetics, functionality, and budget. By avoiding unnecessary splurges and focusing on what truly adds value to your lifestyle, you can create a beautiful, practical space without breaking the bank.