Home Renovation – How To Stay Within Your Budget?

Are you planning on doing home renovation? If yes, then you need to plan out your step to make sure you will not go over your budget. It is especially true if you are working on a tight budget. This guide will help you stay within your budget:

Prioritize

When doing a home renovation task, it is a must to prioritize your needs. Create a list of what you need in the project. Now, there are things you might thought as needs but are actually wants. So, you have to prioritize accordingly.

Create a detailed plan with cost estimates

Once you already prioritized your goal, the next step is to come up with a detailed plan with cost estimates. It will help you create a home renovation budget and at the same time be able to communicate what you want with the contractors. It would help a lot if you are going to have a spreadsheet that will include every part of the project along with the estimated cost for both labor and materials.

Try to do things on your own

If you are working on a tight budget, you can somehow reduce the cost by doing things on your own, especially simple things. Entrust huge and complicated work to contractors. Now, what are the things that you can do on your own? Well, it depends on your skillset. You can try to do the following:

Demolition –

Simple demolition work like removing cabinets or pulling up tiles can be done by you. Basically, anything that does not need expertise can be done by you. It will help you save money.

Fixtures and finishes –

You might want to consider ordering fixtures and finishes by yourself. If you leave this task in the hands of contractors, you will end up spending more as they will charge an hourly fee for shopping. Who knows they can even charge a markup.

Shop used –

Buying everything brand new can eat a huge chunk of your budget. If you have a very limited budget, then you might want to consider buying used or refurbished items.