You’ve decided to renovate your home in order to add some value and make your living space more enjoyable, but the bills are adding up, you are still buying new rugs, and you’re running out of funds before you even get started. Is it possible to renovate your home on a budget? As it turns out, yes. Here are six tips for how to renovate your home on a budget while making sure that you stay within your allotted amount of funds.
6 Tips For Renovating Your Home On A Budget
1) Plan for everything
Don’t just think about what you’re going to do with your new space, think about how you’re going to do it and how much it will cost. Make sure you actually plan ahead. This way you can also make decisions early on, for instance, do you want a sustainable home? The last thing you want is renovations coming in above budget but if you plan ahead, that won’t happen.
2) Get rid of clutter
If you’re ready to renovate your home, but you don’t have a ton of money lying around, be prepared to get rid of things. Take inventory of everything in your home and figure out what items you can do without. Consider taking an all-out garage sale or listing some items on eBay, Craigslist, or another auction site. Selling clutter not only gives you a bit of extra cash for your renovation project—it also helps clear out unwanted items that might be cluttering up your living space right now. Plus, selling stuff can also be a lot more fun than throwing it away.
3) Decide what you can do yourself and what you will need help with
One of the best ways to save money while renovating your home is to stay on top of your budget and watch for hidden costs. This doesn’t mean you should shy away from tasks that are outside your wheelhouse, but it does mean you should know what you can handle and what will require an expert touch. To avoid costly mistakes and delays, decide which tasks will require help. Whether you hire a contractor or do it yourself, make sure you can realistically complete each task in a timely manner.
4) Make sure the design is right before you start
There are no DIY projects in a renovation. Every part of it needs to be done with expertise and precision or you might end up spending more than if you were to hire an expert to do it for you. Before starting your renovation, make sure you consult a professional architect, designer, or contractor so that they can help design your space. Then ask them how much your renovations will cost before buying any materials. This way, if you don’t like their design, at least you won’t have bought everything just to realise it won’t work after all. If they give you a price that seems high, see what other contractors say.
5) Know what you can recycle
Check with your city, county, or state for a directory of local waste management service providers. This will help you sort out what can be recycled and what cannot. Many services also offer information about how to properly dispose of hazardous household items and other useful tips. In many cities, you can recycle all kinds of textiles, including clothing, bedding, towels, and rags. Old sneakers can be tossed in as well – they’ll break down into rubber granules that can be used for a variety of purposes. Keep in mind that if you’re planning on building a new house rather than fixing up an existing one, it’s important to determine if there is enough space available on your property for your vision or whether you need to make adjustments first.
6) Consider energy efficiency
Before you start renovating your home, consider energy efficiency. Upgrading to energy efficient appliances will help cut down on utility bills and create a healthier environment for your family, even after you’ve completed renovations. It’s also an easy way to slash renovation costs. You might be surprised at how much money you can save by changing a few things and maintaining a few appliances—and it’s as easy as doing a little research online.