Whether your home has deteriorated over time or you just think you’d be more comfortable after making a few changes to your home’s interior, you might decide it’s time for a renovation.
However, renovations can be extremely costly. Materials and labor can cost thousands and thousands of dollars depending on how much work you need to be done.
So, how can you renovate your home on a strict budget?
Consider a few of these option in order to save money on your home renovations.
It doesn’t get any cheaper than free. Rearranging your furniture to create a new, fresh layout can be a great way to bring life back into your home without breaking the bank.
This might not seem like the most attractive option at first, but simply changing the layout of your furniture can make a drastic difference in the overall feel of a room.
Additionally, since this doesn’t require any sort of investment, it means that you can save money for renovations in rooms like your kitchen or bathroom which can’t be easily changed by rearranging furniture.
Do Your Own Demo Work
In most cases, renovation is going to require some demolition before getting started. While demolition work isn’t as expensive as building and installation work, you can save yourself some money by handling your own demo.
Before doing this, be sure that you can handle whatever demolition work you plan on doing. Stuff like breaking down a deck can easily be handled by most homeowners, but other processes might be a little bit more difficult or dangerous. For example, you don’t want to end up taking out a load-bearing wall by accident.
However, taking care of simple demolition work on your own can save you a significant amount of money.
Most renovations involve getting new furniture. After a while, you might get bored with your furniture or maybe the furniture you have has been damaged by kids and pets. However, furniture can be a very expensive purchase. A small three or five-piece living room set can cost several thousands of dollars
If you’re on a tight budget, consider trying to find cheap, old furniture to restore. You can find quality old furniture at antique shops, garage sales, or maybe even in your own storage. While it might take a little bit of work, restoring old furniture can be incredibly rewarding as it looks incredible and saves hundreds or thousands of dollars.
If you’re looking to save as much money as possible on your renovations, do whatever you can on your own. One of your biggest expenses will be hiring contractors, so eliminating the amount of time you need to hire them for can save you incredible amounts of money.
Certain tasks like painting, staining, putting down flooring, and replacing hardware can generally be handled by the average homeowner. So, if you’re willing to put in the work, then this can be a great way to cut back on renovation costs.
Home renovations can be a very expensive process. Following a few of these steps can help individuals working with a tight budget achieve the home of their dreams without sacrificing their entire paycheck.