TIPS FOR A BUDGET-FRIENDLY HOME RENOVATION

Tips For A Budget-friendly Home Renovation

While homeowners typically love their home as it is, they will always be excited by the prospect of renovating.

Whether it’s for more living space or aesthetic purposes, a home renovation is always something to look forward to, as it adds a new dimension to the house you already love.

However, home renovations are not cheap, especially with continually rising labor and material costs.

If you don’t have the money for it yet, you can always hold off the renovation and wait for access to more resources.

If you want the remodeling done now, then you will need to make it a budget-friendly project.

Here are some home remodeling tips that will help you stay within your budget.

Go Bargain Hunting

If money is not an issue, homeowners will always go for the highest-quality (and typically most expensive) materials for their renovation project.

However, if funds are limited and the price tags on the materials you want are a little too steep, you might want to go bargain hunting.

Home improvement stores periodically hold sales where they offer substantial discounts for certain building materials. Always be on the lookout for such offers and pounce as soon as you see an opportunity.

Accepting that your budget won’t cut it for the materials you want is also crucial because there are much cheaper alternatives you should consider.

Let’s say you’re replacing your roof, and you want it to be made of slate, which lasts a very long time but costs a small fortune compared to other materials.

If a slate roof is going to break the bank, think better of it and go for comparatively cheaper materials like metal and asphalt shingles. And as long as you have licensed roofing contractors with the right roofing insurance coverage working on it, you’ll have a professionally-installed roof that will last a long time.

Scale Back On Your Renovation Plans

If you had unlimited funds, you’d probably renovate to your heart’s content, and rightly so.

However, if you’re renovating on a budget, tearing down walls and floors probably won’t be a very budget-friendly thing to do.

As much as possible, make your renovation plans go in line with your budget.

If ripping out tiles in your bathroom will make you go way over your budget, then scale things back and go for re-grouting instead.

Will tearing down that wall cost you a lot more in the end? Put it off for the future when you have a higher budget, and give it a paint job instead to make it look fresh.

There are so many things you can do to change things up inside your home without embarking on a full-on renovation. New door handles on kitchen cupboards, additional light fixtures, new showerheads and faucets in the bathroom, and new shades, drapes, or curtains all work toward giving your home a fresh look on a budget.

A Little DIY Goes A Long Way

So, your family has gotten bigger, and you’re going to need to renovate for a new bedroom.

A lot of things go into the construction of a home addition, for which you need the services of a professional builder to make sure everything is done according to local codes, among other things.

Some aspects of that renovation, namely, the demolition of a wall to make way for the home addition, don’t need to be performed by engineers or highly-skilled personnel.

Instead of paying people to tear down that wall, you can do the demo yourself. The job doesn’t call for construction expertise. All it will require is strength, stamina, time, and patience, and if you have all of them, then you can take on the job yourself.

If you’re remodeling your kitchen, you can perform DIY removal of old cupboards and cabinets, as well as tear out aging kitchen tiles.

If you’re redoing the floor, you can take out and get rid of the carpets yourself.

With a bit of DIY work, you should be able to save a few hundred dollars on your home renovation.

Get Multiple Quotes

Ultimately, any major renovation work will have to be done by professional builders.

Your search for the right builder should begin with obtaining quotes from at least three companies. With these quotes, you should be able to see which one offers quality work that will stick with your renovation budget.

It will also help if you ask friends and family for recommendations, preferably a company they have worked with in the past with satisfactory results.

No one ever said that home renovation is a breeze. It may bring a lot of excitement and joy to homeowners, but renovations can also come with plenty of stress, especially when the project is threatening to go over budget.

Hopefully, the tips above can help the renovation go more smoothly and a lot less stressful. There are many other things you can do to make sure your renovation stays budget-friendly, but the above ideas are an excellent place to start.

AUGUST 19, 2021