Improving the cost of home remodelings can be expensive. On average, it will consume about 2-3% of your home value each year. However, home remodeling costs can be cut with some careful spending choices. By following the simple tips in this article, you can ensure you have save money, and still have a great looking home by the end of your project–without cutting corners and posing a safety hazard to your family.
Tip: Do not automatically choose the contractor that comes up with the lowest price. While at first it may appear as good bargain, many contractors low ball a job and then begin to add on charges as they work.
Wait for sales to buy items. You can do this before, during, or after starting your project. If you know you want to remodel a bathroom in the coming year, consider watching the prices of toilets, bathtub, and showers for months in advance. Buy the items as they go on sale. You can also collect items during the project as they go on sale, or even wait to replace some item until you find cheaper versions of the item.
Tip: Using hot glue to secure your bolts, screws, nuts and other pieces of hardware is a great organizational method. No matter how organized your shop is, it always seems the one item of equipment or hardware you seek is nowhere to be found.
Look on websites like Craiglist for “curb alert” items, that may offer you hundreds of dollar in savings. These are typically free items that other people, who are remodeling too, will throw out onto their curbs for anyone to come pick up. Just because an item is not brand new does not mean it will not completely revolutionize and change the look of your room.
Tip: Use different items as your coffee tables instead of traditional store bought tables. One alternative is to use vintage luggage in lieu of a coffee table.
Compare prices at home remodeling stores. These stores often compete with each other, which drives down prices. Look for the lowest price before buying something, even if it is on sale.
Do the home remodelings as Do it Yourself projects instead of hiring a contractor and his or her team to do work for you. This can save you thousands of dollars, as you do not need to pay for the labor, or time, that each member of the team will contribute to the project.
Utilize resources in your community in order to find gently used items, including furniture or tools, that can greatly lower the cost of your home remodeling project.
Tip: White colored tiles are a practical option when replacing your roof. These lighter-colored tiles help to reflect the sun’s rays, and this means a cooler, more comfortable home and less dependence on air conditioning.
Buying some materials at department stores, or in bulk, will save you some money down the road if you plan on doing many renovations. Massive plastic buckets of primer, for example, can be much cheaper than buying individual cans each time you want to paint a room.
Tip: Take advantage of the first few months in the year to plan your home remodeling budget. When you are still reeling from holiday expenses, you are more likely to plan conservatively.
Consider borrowing items like ladders, tools, and pressure washers from your neighbors, friends, and relatives if you have some difficulty in paying for them at home remodeling stores. This can be particularly useful in saving money, especially if you only plan on using the item once.
Tip: If your house has a deck, look for signs which let you know when repairs are needed. See how the wood is holding up and that there are no cracks.
Take your time when doing home remodeling projects to make sure you do them right, and that, instead of having to buy new materials, you do it right the first time. Measure twice, cut once.
Home improvement need not be as expensive as people usually make it. By cutting costs in small ways, you can ensure that your home remodeling project will not break the bank. Instead, it will make you home look great, giving you the home you always wanted, on a budget.