If you want to do work on your home, you should know how to do it without breaking the bank.
A home renovation is an exciting venture, but there’s a reason the word is synonymous with expense to some. Most of the time a renovation’s cost can spin out of control if you don’t know the potential pitfalls to which even the savviest fall victim. Read on to discover how to gain the right renovation without the huge price tag.
Redesign rather than expand.
At first, you may be tempted to knock a few walls, take on a demolition crew and open up your rooms to more modern sizes. However, the cost of a room expansion or addition can be to the tune of $50,000.00 plus. As if the price tag isn’t rough enough, an expansion may not even be necessary. The space you already have may be inefficient, but perfect for your needs. Instead of the huge expense of an expansion, look instead to reorganize an already great space. Reassess cabinetry, relocate furniture or take out unnecessary built-ins. A newly efficient room may be all the expansion you need.
Go with the copycat.
Today, there are thousand of product options, which make renovations more affordable. If you have your heart set on hard wood, but you wallet says no, maybe look into laminate options. This wood copycat has come a long way from its origins and is always the more affordable option. So, when it’s practical, go with a copycat material. Your guests may not know the difference, but your bank account will.
Keep plumbing the same.
Why not move the sink from here to there? Well, what seems a simple move may in fact become a huge expense. Plumbing lines need to be removed and water redirected, which sometimes becomes a nearly impossible, but always very expensive feat. Instead, leave the sink where it is and renovate around it.
Plan ahead.
As the homeowner, it’s important you know exactly what you want before you start the renovation process. Without a clear direction, contractors or even yourself can get carried away with expenses. However, if you know exactly the final result you want, you’re more likely to attain it without going over budget. Research ahead of time will also give you a chance to shop bargains and jump on a deal immediately. After all, you’ve thought about each detail and you now know exactly what it is you want.
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