Save Money on Home Renovations By Following These Four Thrifty Tips
Many first time homebuyers choose their first home because of the renovation potential that they believe it has. However, after several years saving to try and fund their dream renovation they begin to fall out of love with the house that they have purchased.
It isn’t easy to save up for a full renovation if you intend on re-doing your entire home and changing the layout. However, what would you say if we told you that there are a few easy tips that will allow you to begin your renovations right away and love your home for the long haul.
1. Work With the Layout That You Have
A renovation budget can very quickly be eaten up by moving walls and changing the layout of your home. If you are hoping to save money on your renovation try working within the limitations of the current layout. Although, an open concept arrangement is what many people hope for. When you are dealing with load bearing walls you have to be wiling to compromise.
2. Do Your Own Finishing
When buying new cabinetry or wood finishes consider buying unfinished and finishing them yourself. This will help to save you money and allow you to get the exact look that you want!
photo credit: Brian Sawyer via photopin cc
3. Restore and Re-use Old Fixtures
It can be tempting to buy all new when you are renovating your home. Wanting to improve everything and update it can really take a bite out of the budget. One way to save money on your renovation and still get an upgraded look is to restore and re-use current fixtures This is especially true when renovating kitchens or bathrooms where the cabinetry can be upgraded with new countertops, a stain refinishing, and new hardware.
4. Shop Garage Sales and Craigslist
Last but not least a great way to save money on your home renovations is to purchase fixtures that can be integrated into your renovation lightly used. Often times homeowners who are also renovating will sell quality items that they are getting rid of at Garage Sales or list them for sale on sites Craigslist and Kijiji.
Another thing that you should keep your eyes open for is extra flooring, tile or leftover carpet for small spaces. Sometimes people resell these items for cheap when they purchase too much for their own renovation.
If you have been saving up hoping to someday renovate your home but not getting anywhere consider following a few of these tips to start your renovation sooner. This can be a great way to save yourself money and begin your renovation now instead of waiting. The best part is, even if you plan to use a contractor, you can still use all of us these money saving ideas. At least, when you deal with Reno-ex. We will work with you to help satisfy your budget and help you create a home that you love.
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