Home renovation is a project that changes the way your space looks and increases the value of your home. You can undergo many different projects inside your home, from finding creative ways to add more space, updating outdated kitchens and baths, or adding materials with personality. But when you’re in charge, it can be hard to know where to start and what kind of budget you should plan for. Whether you are starting from scratch or just looking for ways to update an older style, here are some tips on how you can save some money and stretch your home renovation budget!
Pick Your Designs Before You Start
This is a great way to avoid overspending on your renovation. Having specific designs picked out will help you stay focused while shopping and prevent you from buying unnecessary materials. Not to mention, it can help you stay organized and on track. It also makes the renovation process a lot easier and less stressful.
DIY Whenever Possible
Doing things yourself can save you a lot of money, plus it can be a fun project to work on with friends or family. Many online resources can help walk you through the steps of simple repairs or renovations. Just be sure to measure accurately before you start to have the right materials on hand. Doing the work yourself saves you the cost of hiring someone and the time of having to meet their schedule.
Look for Affordable Alternatives
Many materials have a similar look and feel to their more expensive counterparts, but at a fraction of the cost. For example, opting for laminate flooring instead of hardwood can save you a lot of money without sacrificing quality. Another great way to save is using reclaimed materials such as old doors, windows, or cabinets. Not only will this help you stick to your budget, but it can also give your renovation an extra bit of personality.
Focus On Important Areas
When you’re working on a tight budget, it’s essential to focus your efforts on the most important areas of your renovation. This might mean updating the main living spaces or bedrooms instead of the bathrooms or kitchen. Or it could mean concentrating on structural repairs rather than adding new features. By focusing on the areas with the biggest impact, you can still create a stunning renovation without breaking the bank.
Pick Up Materials Yourself
You can save some money by picking up your own materials instead of having them delivered. Plus, this is a great way to support local businesses and maybe even talk with the owner about their products. It’s also helpful because it reduces the risk of damage while shipping. If you opt for delivery, be sure to ask if they offer any discounts on multiple purchases and deliver to your area. Getting an extra discount without having to drive out of your way can help stretch your budget even further!
Recycle Your Old Fixtures
Old cabinets or fixtures that you were going to replace can be repainted and given a new look. Be sure to sand down wood before painting it so the paint will have something to grip onto. This is also a great way to give your fixtures their own personal flair while keeping them functional. It’s a win-win! If you buy new stuff, consider donating the old fixtures rather than paying to dispose of them!
Combine Projects When You Can
Rather than dividing your budget between multiple projects, try finding a way to combine them. If you’re adding on to the house instead of renovating from the ground up, you might be able to use some of those new materials in other areas of your home. Even if you can’t combine all projects into one, learn how to do simple tasks like painting or installing appliances yourself and then save that money for another project!
Accept The Inevitable Delays
Construction takes time, but it is not always predictable. There will almost always be delays in the process due to weather, materials not being delivered or ordered incorrectly, etc. This means that sometimes unforeseen costs can come as a surprise when they arrive. Ensure you have an emergency fund set aside to cover those unexpected costs.
Renovations can be a huge expense, but there are many ways to stretch your budget without sacrificing quality or style. You can give your home a stunning renovation without breaking the bank by being creative and thinking outside the box. So get started today and happy renovating!