Budget Friendly Ideas: How to Save Money on Your Remodel

By Akshay Sharma February 1, 2017 LifeStyle

Most of us are eager to transform our houses from top to bottom and we often tend to disregard the overall cost of all those projects. But what if we told you that it’s actually possible to refresh both your home exterior and interior without necessarily breaking the bank? Today, we’ll give you a few pointers and helpful tips and tricks on how to save money on your future remodel and cut the costs in every possible way.

Start with A Budget

This might seem like a no brainer, but you’d be surprised to find out just how many people dive into their remodelling projects without consulting with their bank account. The biggest hazard for your remodel is not making a priority list and not setting a detailed budget. Having a clear picture of your financial situation will help you get a proper insight in what kind and also what amount of work you can do, but also help you estimate what projects are top priority and what can wait. It’s also important to keep in mind the unexpected costs, the costs of materials, contractors and other expenses that might undermine your ideas. The best solution is to create the worst-case scenario budget, so you wouldn’t end up with half-done remodels or any type of shoddy work.

Season Sales

Another great way to save money on your remodel is to consider the aspect of time. When you do your project is equally important as how you do it, so if you’re looking to cut some additional costs, perhaps it would be a good idea to do your remodel off-season. Most contractors are not as busy during the winter, as most people opt to do their major remodelling projects during the spring and summer, which is why you can land a good discount if you do your remodel when your contactor doesn’t have so much work on their hands. Also, if you really want to start with the renovation during summer, you can seek help from seasonal workers. These are mostly students willing to do some extra jobs like landscaping, cleaning, demolishing, decluttering etc. for a small compensation. This is a great way to prepare your home for your big remodelling project and also save up some cash.

Make Smart Purchases

One of the most common mistakes is not making a detailed list of needed materials before starting the whole remodel. This usually leaves you with a ton of unused materials and tools lying around along with a huge hole in your budget. In order to avoid this, make sure to make a list of everything you need prior to starting the projects but also try getting some good deals on materials. Some of the best ways to save money when buying supplies is to purchase overstocked or discounted materials, affordable builder’s grade materials, but also to use remnant supplies and time-saving power tools. Not only will this help you cut the costs, but it can also help you do your work much easier and without wasting time unnecessarily.

Think Quality Not Quantity

Lastly, one of the best ways to save money on a long-term basis is to think about quality rather than quantity. While the idea of doing more projects in one take might sound appealing, it’s best to focus on doing a few major, top quality projects, than a bunch of small-time, shoddy jobs. For instance, investing your money in a roof restoration, a kitchen remodel and energy efficient features is far more profitable than investing that money in replacing the windows or remodelling the attic.

Starting a house remodelling project is quite similar to walking into a candy store: it’s difficult to limit yourself to just one or two things! But once you establish what your priorities are, you’ll have no problem making some wise decisions regarding your budget friendly makeovers.

You can also save money by using discount codes which can be found online. Home Depot coupon codes can help you save money on the materials and tools you need.