Kelly Ohlmus / Wednesday, May 1, 2024 / Categories: Project Advice & Ideas Renovate a Vacant Property with Grants: Your 7-Step Guide Learn how to access government grants for renovating vacant or derelict properties. Our guide covers eligibility, costs, and the step-by-step process. The Irish Government's Vacant Property Refurbishment Grant is a valuable resource for breathing new life into neglected properties. Here's how to navigate the process and understand the financial side: Step 1: Research & Planning Market Knowledge: Gather information on the local housing market, building regulations, and zoning requirements. This impacts your budget and project feasibility.Expert Help: Engage qualified engineers and building contractors for an in-depth assessment of the property's condition.Goal Setting: Define your renovation vision and establish a realistic budget. Step 2: Property Assessment Structural Integrity: Hire a structural engineer for a crucial evaluation of the foundation, walls, roof, floors, plumbing, and electrical systems. This helps identify essential repairs.Detailed Report: The engineer's report outlines the scope of work, estimated project costs, and potential hurdles. Step 3: Secure Funding Vacant Property Refurbishment Grant: If eligible (vacant for 2+ years, built pre-1993), you could access: - Up to €50,000 for standard renovations.- An additional €20,000 if the property is derelict.- Up to €84,000 for derelict properties on offshore islands.- Explore your local authority's website for details on eligibility, the application process, and repayment terms. Help to Buy Scheme: First-time buyers might benefit from this additional support. Check how to apply here. Additional Options Research other grants or loans that could complement your financing: SEAI Grants: The Sustainable Energy Authority of Ireland (SEAI) offers various grants for energy efficiency improvements during your renovation. Explore their offerings for vacant or derelict buildings here. Important Note: The SEAI grant scheme emphasises energy-efficient upgrades. Pairing it with the Vacant Property Refurbishment Grant can lead to a more sustainable and cost-effective renovation. Step 4: Hire Trade Professionals Qualified Team: Assemble a team of skilled architects, electricians, plumbers, etc.Due Diligence: Verify licenses, insurance, and references.Reliable Resources: Onlinetradesmen can connect you with qualified tradespeople. Post a Job Today. Onlinetradesmen links you with local, verified tradesmen for home renovations. Read reviews and ratings from previous customers to help you make informed decisions. Post a Job Today! Step 5: Demolition and Clearing Safe Removal: Have professionals remove hazardous materials (asbestos, lead paint), debris, and damaged structures. Step 6: Renovation Structural Reinforcement: Follow your engineer's guidance for structural work.System Upgrades: Install new plumbing, electrical, and heating systems.Energy Efficiency: Insulate walls, upgrade windows and doors to lower long-term energy bills.Interior Finishes: Add drywall, paint, and flooring to create your personalised living space.Budget & Timeline: Monitor progress closely to stay on track in terms of finances and completion deadlines. Step 7: Finishing Touches Personalise: Paint, add lighting, landscape, and finalise details, bringing your vision to life. Additional Tips: Unexpected Costs: Allocate a contingency buffer (e.g., 10-15%) in your budget for surprises that may arise.Permits: Secure necessary permits before any major work begins.Patience: Renovation takes time; manage your expectations and be adaptable. With careful planning, smart funding choices, and the right team, you'll transform a vacant property into a beautiful home! Meet Electrician Cormac Ó Laoi of Ó Laoi Electrical Services in Galway Get More Space Without Planning Hassles: Permitted Development Garden Rooms Print 7498 Rate this article: 4.3 Please login or register to post comments.