HOW MUCH SHOULD MY RENOVATION REALLY COST?

When it comes to a renovation budget, it can be hard to know where to start. It pays to get advice from people who have been there before.

Loni Parker, the editor of Adore Home Magazine, writes about renovating for a living and has just finished a renovation of her own.

We asked Loni for her advice on how to set — and stick to — a home renovation budget.

Setting your initial figure

Setting your budget doesn’t just come down to what you can afford to spend, it’s also about what makes sense in terms of a return. Ask yourself, will your renovation return be financial or lifestyle driven? For example, if you’re renovating to sell, your budget is going to be smaller than if you’re planning to live there for a while. To read the full article, click here