Tired of staring at your outdated kitchen every day? Stalling to complete home renovations because of the price tag?
Home renovation costs can add up. But, there are ways to save and stick to your budget.
Homeowners complete renovations for a variety of reasons. Completing home renovations can increase your home's market value, improve the overall aesthetic, and make you feel more at home.
Our homes are one of the places we spend the most time in. So, it's no surprise that your outdated cabinets are driving you crazy. Seeing them day after day can be a downright bummer, but they don't need to stay that way forever.
Home renovations can be completed by a contractor or by you. However, there are some home renovations that require a professional, such as electrical work and removing load-bearing walls. But, for all other home renovations projects, there are plenty of ways to save.
Read on to discover 11 ways to reduce your home renovation costs.
Stick to the Budget: 11 Ways to Save on Home Renovation Costs
The average homeowner spends over $23,000 on a kitchen renovation. But, the cost can be greatly reduced if you know how to save.
Home renovations aren't only for the wealthy. Simple renovations can improve the quality of your home and make you want to stay there for hours on end. Explore the following cost-saving tips to reduce your home renovation costs.
1. Determine Your Priorities
Start by determining what's most important to you. What room needs the most work? What about the room is bothering you?
Once you narrow down which room you want to focus on, determine what about the room needs to be changed. Is it the cabinets? The flooring?
By determining your priorities, you allow yourself to focus on what needs to be done versus what you want to be done. Then, the tasks that need to be completed can take up more of your budget and time.
If you're selling your home, having focus can also gain you more profit. This will also make housing affordability for your next home a better possibility.
2. Recycle Materials
Avoid throwing out materials that can be used in another area of your home. For example, if you are getting rid of a vanity, consider whether it could serve a purpose in your laundry room. Whenever possible, reuse materials to cut down on costs.
Allow yourself to get creative as well. All materials can be broken down, painted, and refurbished to serve a new and delightful purpose.
3. Get Multiple Quotes
If you need to hire professionals, get multiple quotes. By getting multiple quotes, you can ensure that you're getting the best price possible. Each company may charge you per quote, but it will be worth it in the end if you can save some much-needed cash.
4. Be on the Lookout for Sales
It's tempting to want to purchase something we like right away. But, instead of purchasing something at full price, be on the lookout for sales. Ask the company if there are any sales coming up and if the item will be on sale at that time.
You could also surf the internet for the same product on different websites. Some companies will also match a competitor's price, which could allow you to get the product quicker and at the price you want.
5. Work with Your Layout
Home renovation costs can quickly add up when you are determined to change the layout of a room. Moving appliances and their corresponding hookups, for example, are easy ways to rack up your renovation bill.
Instead, aim to work within your existing layout. Get creative and find ways to make the space work for you.
6. Plan Ahead
One of the best ways to save money on home renovations is to plan ahead. Write down every project you would like to complete and how much you estimate it will cost. You should also write down how long you expect the renovation to take.
Planning ahead and being realistic will also help you to stay motivated throughout the renovation process.
7. Start Small
Start with small projects and then build up to larger ones. By starting small, you're giving yourself an opportunity to improve your renovation skills and experiment with your budget.
You'll also get a chance to see how small changes can drastically improve your home. For example, start by simply changing out cabinet hardware and seeing how it improves the space.
8. Get Help
Save money by getting help. Ask your friends, family, and neighbors to lend a hand. Getting help can greatly reduce the time, effort, and money it will take to complete your home renovation projects.
And, when it comes to home renovations, your motto should be "the more, the merrier!"
9. Harness the Power of Paint
Paint can work wonders for any space. Sometimes all a space really needs is a fresh coat of paint that will inspire you. Start with painting a room or the cabinets before you make any major changes.
Simply painting cabinets and other furniture pieces can save you loads of money.
10. Invest in New Decor
Never underestimate the power of new home decor. It's easy to get bored with our spaces, especially if our home decor hasn't changed in years. Instead of opting for a full-blown home renovation, consider purchasing new decor.
New decor could include new bathroom accessories, new furniture, or new wall hangings.
11. Be Patient
Home renovations take time. Try to be as patient as you can be with the process. Rushed decisions don't always pan out, and they could easily break your budget.
Stick to the plan and allow your renovations to take place over time. Devote a day or two a week to complete your projects, and thoroughly rest and enjoy your home in between work days.
Home Renovation Costs: Avoid Breaking the Bank
Home renovation costs don't need to break the bank. Before starting any home renovation project, do your research. Figure out exactly what materials and labor are needed for a successful renovation.
You should also create an airtight budget to avoid spending more than you want to. Clearly explain your budget to any professional helping to complete your renovation project. With a plan in place, a budget, and some dedicated effort, your home can be transformed into the home of your dreams.
Want to create a website detailing how your home renovations transformed your house? Create an account and use our website builder to create a blog or website.