Before you start knocking down walls for your home remodel, it's
important to think about your budget. How much can you afford to spend
on new fixtures and features? Where can you find deals to help you cut
costs? Are there any preparations you can make in advance to save you
money further down the line? If you're serious about avoiding the red
during your next remodel, here are four tips for making it more
affordable.
1. Have a Plan
It's easy to overspend when you don't have a clear goal for your
remodeling project. You'll agree to anything that looks or sounds good
instead of focusing on specific design elements, and you'll be tempted
into unnecessary upgrades when you don't have a blueprint to fall back
on. Be smart about your remodel. Plan it out before you use your credit
card.
2. Make Plans Based on Deals
Instead of scheduling your remodel for the busiest time of year, wait
until everyone is quiet and companies are desperate for business.
Instead of buying a specific kind of hardwood no matter how much it
costs, find a company that offers discounted timber and make your
selection based on what's already on sale. Don't let your whims dictate
your expenses. If anything, it should be the other way around.
3. Cut the Right Corners
It's okay to cheat a little on your remodel, but you have to make sure
that you're cheating with the right things. For example, you don't want
to cut corners when it comes to your water lines because they're so
pivotal to your everyday life, but your faucets are another story. If
you want to slap on some stainless steel adhesives instead of actually
paying for stainless steel, no one will ever have to know.
4. Talk to Your Contractors
Don't be afraid to discuss money matters with your contractors. It's
better to have a few awkward conversations early in the project rather
than getting an unpleasant surprise on the final bill. If your
contractor tries to play coy about costs, expenses, fees and surcharges,
find someone else who will be upfront with you.
These are just a few things to keep in mind if you're watching your
budget during a home renovation. You might want to
find a contractor today for more information, including how to calculate expenses and what
you can expect to pay for materials and labor. Good luck!
