Renovating a home can be an exciting project for some. But the one thing that can take the fun out of the hype is when you have a limited budget. Luckily by following some of these great tips, you can conserve your budget while you give your home a new shine!
1. Plan Your Budget First
It is best to start with the gathering of estimates. This will help you make crucial renovation decisions and possibly bring along some new ideas to the drawing board. When you gain some knowledge of where the hidden costs might lie, it will be easier for you to manage your renovation budget.
2. Consider Hiring a Pro
Hiring a pro might seem like you are defeating the purpose of saving money. But this is something you should carefully consider. It depends on the nature of the renovations you have in mind. If there is going to be a lot of tearing down and building up, for instance, a professional home designer might just help you avoid some costly mistakes. The designer will also have contacts to money saving resources which is another plus.
If you do decide to hire a professional for the job, remember that consultation costs can be cut down when you have an idea and some plans beforehand.
3. Consider Alternatives
While installing a new wood cabinet in your kitchen may look very elegant, it can be costly. If you do not have the budget for such elegance, you can avoid cabinet and shelve doors altogether. By having a doorless pantry, open shelving, and painted or stainless steel cabinets, you can turn your kitchen into a sleek design at a minimum price.
Go straight to the source by finding retailers online, and be sure they will give you the same products that you saw in stores for half their price.
4. Make Use of Recycled Materials
Eco-friendly materials are mainstream nowadays because people are becoming more concerned about the environment. The less need there is to manufacture new products, the less harm we do to the environment and that’s the reason why using recycled materials is great.
By implementing recycled elements in your design, you will save on your budget as well. Recycled steel, pressed straw paneling, sawdust, and cement composites are just a few examples of recycled construction products on the market. In your design, you can make use of reclaimed doors, windows, lumber, fixtures, or mantels which can be found in architectural salvage warehouses for example.
Don’t worry about the strange looks from your friends and neighbors because this is a budget saving method with an environmental purpose!
5. Do It Yourself
Some renovations jobs call for an expert, while others are easy to finish yourself. Yes, maybe it might take more of your time, but if you are serious about saving on your budget or having a little extra for that new statement piece, you better roll up your sleeves.
Ask a friend or a family member to help you with a paint job or laying down those new tiles. Some areas can always be left for later, for instance, the basement or garage, but others like roof maintenance are something you need to take care of right away.
6. Make Energy-Efficiency Your Goal!
Besides for the environmentally friendly factor energy-efficient appliances have, they will help save you money in the long run. There are many energy-efficient products on the market, some more expensive than others.
You can always wait for decorative features like doorknobs or chandeliers and put that money towards something energy-efficient instead. After a while, the return on savings will eventually allow you to buy a must-have decor that you had your eye on. Insulation, energy star appliances, and HVAC systems are an excellent place to begin.
Make sure that your home itself is energy-efficient by sealing those air leaks and by installing energy-efficient doors and windows.
7. Work Renewable Energy into Your Plans!
Maybe renewable energy was not on your list, but it is undoubtedly a good thing to consider. You can save on bills by giving your home an energy-efficient upgrade. Solar panels are an expensive investment, yet a good one in the long run. Investments like these might be better to consider first before you change the whole look of your house.
Designing your home on a budget comes down to planning first and then finding alternative products or ideas that can give you more for your money. Using just two or three of the tips mentioned above can significantly lower your bills or change the look of your home.
Author: Matthew James
Short bio: Matt James is a freelance writer specialized in home improvement, smart technology, architecture & design. He has a love of outdoors and spending time with his dog Cooper.