6 Tips to Save You Money on Your Home Renovations

Written by Posted On Tuesday, 28 August 2018 01:49

Are you tired of expensive home improvements? If yes, here are a few tips which will save you money.

1. Rent or Borrow

You don’t have to buy tools for your home improvement. You can borrow a friend or rent from a local dealer. When you rent from a firm, they have a variety of equipment that you cannot afford that can make your home improvement successful. Instead of buying a low-quality tool, rent a high-quality tool at a lower price.

2. Reuse Materials

For instance, when you are renovating your kitchen, you can reuse cabinetry and various other appliances. If new hardware and paint are not enough for the doors of your kitchen cabinet, you still save on cost by refacing the doors to adjust the style. You can also replace the cabinet doors and leave the body of the cabinet in place. You can purchase fixtures and materials from salvage yards or you can use pre-existing materials in your space. There are also buy/sell/trade websites where you can get these materials. At times when your neighbors move, they might need to sell appliances, and you can buy them cheaply to use in your home improvement.

3. Balance Low End and High-End Materials

Spend more money on statement items like a statement stove or quartz countertops and save money on other less significant areas. Since this balance is dependent on your project, you will have to plan and determine what is more meaningful and what is not. While some people prefer spending more money on cabinets and doors, others prefer doing that on hardware. Determine your balance and avoid going too fancy and installing cheap Formica countertops. Learn to differentiate balance and extremes.

4. Avoid Purchases before Sales

You can buy specific big-ticket items during particular times of the year. You can buy appliances during American holiday, power tools and electronics during Black Friday, and lawn care items and outdoor furniture at the summer end. Research the best periods to buy things and be patient so that you can get the best deal.

5. Be Smart When Hiring Help

Shop around before hiring professional help for your project. Read the reviews if you are hiring a contractor who has an online presence. If they don’t, ask around from those who have solicited their services. Always hire a contractor you can trust. It is not advisable to hire a friend of a friend without checking their reviews first. Additionally, hiring family and friends is not a good move. Someone could be a good friend but a poor contractor. Hiring them might make you enemies when the work is poorly done. But if a friend is a highly-skilled contractor, hire them the first chance you get and take advantage of the friends and family discount. Another tip is to plan for your project to take place during the off-season. This is usually before summer and after the holidays. It will be easier for you to bargain for a lower rate since the contractor is less engaged.

6. Maintain the Footprint of Your Home

One of the most costly adjustments you can make during a home improvement is moving the windows, walls, stoves, bathtubs, and sinks. At times, when you relocate a wall, you might require installing costly load-bearing beams. It can also be cheaper to move a wall as compared to relocating stove ventilation and gas line. Moving these parts of the house might need you to buy materials like cabinets, new countertops, beams, wiring, conduits, and plumbing in addition to hiring professionals to do it. If your space functionality is not suffering, avoiding their relocation would be saving you a lot of money.

Conclusion

If your profession is in the building and construction industry, you will be saving yourself a lot of money since you don’t require hiring a contractor. If you would like to renovate your house by yourself but you lack the skill, enroll for a diploma of building and construction and you will not only have a well-paying career, but you will also save money doing your renovations.

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