People renovate their homes to improve the functionality of the space. Some people also renovate to change the aesthetic of their house and give it a new look. In either case, home renovations can be exciting and exhausting at the same time. It is a lengthy process that requires your utmost attention. That being said, things can go wrong; home renovation mistakes can cost you your time, money, and effort, and therefore, should be avoided. Deciding on an unrealistic budget One of the biggest errors that many homeowners make during renovation is not deciding and sticking to a fixed budget. When you are renovating your home, it’s easy to go over and above the budget that you have decided. What you need to do when deciding on a budget before you start your renovations is to make sure that you have some leeway. This way, even if you go overboard on your initial budget, you will not have to spend out of pocket. Experts usually suggest having an extra 20% added to your budget to tackle any additional renovations or hidden costs that may come up. Signing on the first contractor Many people choose to work with the first contractor they come across instead of comparing different options and quotes.