It is possible to get a good price even on the most major remodeling projects. Below are some tips to plan your renovation without creating a big dent on your wallet.
- Save on materials
By recycling and reusing building materials, you will be able to have a piece with more character. Habitat for Humanity has hundreds of Habitat ReStores that sell new and gently used furniture, home accessories, building materials, and more for a fraction of the price.
- Look for discounts on big-ticket items
Aim to save on pivotal and often expensive pieces such as new windows and kitchen countertops and islands. Secure the deal and plan the rest of your remodeling project around it.
- Use standard sizes.
Anything custom will be twice the price of stock pieces. Compromise on size, color, and finish and get less expensive stock pieces instead of custom or semi-custom work.
- Be clever with imitations
Hardwood floors can be pricey. Look into kaminated wood planks that resemble hardwood floors to save more.
- Maximize space
Before deciding to enlarge a space, think about how to maximize it first. For example, instead of a full-kitchen remodel, try replacing your shelves and drawers firsts to make the space more functional.
- Keep your plumbing
Relocating your plumbing, even just a few feet, will coss you thousands. It is not worth the expense.
- Have extra room in your budget
Never start a remodeling project without a set budget. Write your projected expenses and make sure to add a 20% margin of error for whatever may go wrong.
Some projects are best left to the professionals but you can save more if you handle simple tasks like interior painting or trim work. Consider taking on reasonable tasks if you can handle basic tools.
- Get work done in the winter
Contractors often charge more in the summer compared to winter months. Choose the slow months for your projects to get discounts on services.
- Write a timetable.
This will allow you to use your time more efficiently, avoid cost overruns, and finish your remodel project sooner rather than later.