Fixing up your home can be expensive. If you’re worried about costs getting out of hand with your home remodel project, it’s important that you talk with your remodeling contractor about ways to cut costs and maximize the effects.
If you go into your remodel project with a good budget and the proper knowledge, you’ll be able to make the most of the project with big savings for you. Here, we’ll look at five ways you can save money while still creating a lasting renovation.
Use Standard Sizes
Custom-built components may create a unique look for your home, but you have to ask yourself if you wouldn’t be able to do the same thing with stock sizes. Using standard sizes for cabinets, doors, counters and flooring will help you save a significant amount of money, with plenty of options still available to create an aesthetically-pleasing home to be proud of.
Consider Imitation Materials
Imitation materials are a huge cost saver when it comes to remodeling. Sure wooden floors and decks look fantastic, but using composite materials will drastically cut costs and also reduce the amount of time spent on maintenance in the future. Imitation woods and stones are more realistic than they ever have been and there’s no shame in taking advantage of these beautiful, affordable options.
Don’t Move The Plumbing
If your remodel requires moving pipes, toilets or sinks. It’s going to cost you. Homeowners and contractors have reported prices ranging from $1,000 to $5,000 for moving appliances like sinks, dishwashers and toilets. If you’re aiming for a budget-friendly remodel, keep the plumbing where it is.
Create A Budget Early
There’s no better way to save money than to create a budget long before the remodeling process even begins. Sketching out amounts that you want to pay for various components will help give you an idea of what you’re trying to spend. Don’t forget to factor in unexpected costs! You should prepare unexpected costs of about 10 percent to 20 percent of the project price.
Save With Old And Discounted Materials
Talk with your contractor about potentially using old materials from leftover projects that are in decent shape. Many contractors and suppliers scrap leftover materials, offering you the opportunity to snatch them up and use them for your home. For things like hardwood, remnant stone and other materials, ask your contractor for suggestions of where you could find leftover materials.
Remodeling doesn’t have to be a painstaking process. By taking the necessary steps and keeping an open line of communication between you and your contractor, you’ll be able to remodel your home in a cost-efficient, effective manner. For help planning out the most budget-friendly remodel for your home, give us a call or fill out our contact form!