Our top 5 remodeling tips that will save you thousands!
1. Needs vs. Wants
Prioritise your needs and wants. Write down the top ten items you need, then write down the top ten items you want. Put your money towards your needs first, then you can use any extra money for things that you want.
2. Substitute if you can
So you want granite countertops and hardwood floors? You want wall-to-wall ceramic tile in the bath? Unless you have a bank balance to match the Oppenheimers, try alternative materials to give you the look you want for a lot less money.
Consider laminated stone countertops made with thin slabs of bonded granite and laminate flooring to resemble hardwoods or tile, or polished concrete floors, or even better - do without the tile entirely.
Do as much of the work as you can yourself. There are plenty of websites on the internet that will give you instructions and tips [ such as this one!] and your local home improvement store will be happy to advise you (especially if you are buying supplies from them!). If you use a contractor, you can save money by removing the old cabinets or flooring yourself - but discuss this with the contractor beforehand.
4. Work with what you have
If possible, try not to knock down walls or make other structural changes. Working with existing plumbing, electrical wiring and walls will dramatically reduce the cost of the project. Partition or dry walls are the new brick - at half the cost and effort.
5. Take your time and have a plan.
Taking it slow is the remodeling equivalent of "measuring twice and cutting once." Anything you have to re-do just adds to your total cost.
If you plan your project, take it slow and resist knocking down walls, you should have no problem staying under budget. On the other hand, if you wake up with the overwhelming urge to remodel that bathroom today and an irresistible itch to use a sledgehammer, prepare to open the checkbook and kiss your budget goodbye!
Home renovations are...
Suggest a vote