The Commonwealth Blog

Wednesday, December 12, 2018

Remodel Your Home While Staying on Budget

Renovating your home is usually synonymous with spending a lot of money. However, you don’t need to go broke trying to renovate rooms of your house. Planning a home remodel is an exciting time to spruce up your living space. There are plenty of ways to get a new look without tearing down every wall. The cost of materials and labor can creep up quickly, usually skyrocketing your price of renovations over budget. Don’t commit to renovations that can easily be done at a cheaper cost. Here’s our list of the top tips to remodeling on a budget.

Leave the Bathroom Be

When planning a remodel, it’s important to envision the floor plan of the entire house. Don’t forget to consider the cost of moving sinks, bathtubs and toilets. Instead of moving your bathroom to another room entirely, leave the plumbing where it is. There are other great ways you can renovate your bathroom without tearing down the shower. Spend your money on switching up the style of your bathroom and get a new decorative mirror or extra shelving for toiletries. If it's in your budget, consider getting new tile for a fresh, bright look. It’s much less expensive to add new decorative elements to your bathroom than to relocate it entirely. Fresh paint, tile, and décor can give your bathroom the makeover you’re looking for on a budget.

Make Use of What You Have

It’s tempting to want to rip everything out to start over but before you do, look at what you already have. It’s a lot cheaper and feasible to touch up existing features rather than to buy brand new. Chips and dings in your kitchen cabinet are easy to fix without replacing them. If you like the style of your cabinets, update the finish with a fresh coat of paint. They make cabinet paint kits that include paint and a glossy glaze, for usually around $75. Beat the price of installing new cabinets by retouching up your current design. Nicks or scratches in coffee tables or kitchen chairs are easily fixable with a wood scratch repair pen as cheap at $5. You simply draw over the scratch and watch the wood restore to its beautiful original color. When renovating your home, look for ways to repurpose what you already have to save money.

Use a Few Fancy Materials

When renovating, it’s a smart idea to plan ahead of time what big renovations you want to do that will cost the most money. That way you know how much money you have to redecorate each room with the remaining budget. Instead of buying entirely new furniture or remodeling the whole kitchen, try using expensive materials sparingly. A handful of expensive touches can go a long way if done right. For example, instead of splurging on a new granite countertop consider adding new colorful and elegant tile squares for your backsplash. Your guests will still be drawn to the new design and never know how much money you saved. Plan your remodel ahead of time so you know where to add a few new aesthetically pleasing aspects without breaking the bank.

Remodeling your home doesn’t have to leave you crawling around for quarters. There are many ways to renovate your home that can give you a fresh look without an empty wallet. Get creative and look for ways to use what you already have beforehand. Spend some time on the weekends doing DIY projects or repainting and repurposing your favorite elements. Adding a few expensive features will add elegance without going over budget. Transform your home into the space you’ve always wanted, while being financially responsible planning renovations.

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