How to Save Money on Home Renovations

Home renovations add value and appeal to your property. However, remodeling projects aren't cheap. The key is to know ways to save money without compromising on the desired results.

The first step in any home renovation project is determining what you want to achieve. Do you need a complete kitchen remodel, or would new appliances, faucets, paint, and light fixtures do the trick? If your budget is tight, look for ways to improve your space without going overboard.

At Kenco Home Inspections, we see all types of renovations. If not done well, renovations can cause more problems than they fix. Know which tasks require expertise, like a new roof, electrical work, and plumbing. However, don't be scared to jump in and do the work on more manageable tasks, like painting and replacing faucets. 

Also, consider other ways to save on projects.

Tips to Save Money on Home Renovation Projects

Set a Budget

Determine your budget and stick with it. You may have an idea about how much you want to spend, but ask friends and family for their input if you're not sure. They'll likely give you honest feedback that will help you decide whether you should proceed with the project at hand.

Buy Supplies Yourself

Contactors may charge more to procure your renovation supplies. Instead, order and pick up items yourself to avoid service charges and delivery fees. Ask your contractor if there are items where they can save you money.

Wait for a Sale

Most home improvement stores run regular sales. Sign up for your local hardware store's email list and shop the sales. Also, check out online retailers for deals on everything from appliances to flooring.

Use Coupons

Coupon codes are available for most home improvement stores. Check websites that list discounts for local products and services.

Ask Friends and Family

If you've got a friend who has recently renovated their house, ask them for advice. They might offer tips on where to buy materials and how to get the best deal. Plus, if they've done their own renovations, they may be willing to jump in and help.

Select Lower Cost Materials

While you might love the look of granite or custom hardwood floors, today's market offers substitute products that look like the real deal. Laminate flooring can mimic the look and feel of wood at a fraction of the cost. Laminate countertops can also look like higher-end materials without breaking your budget.

Don't Change the Footprint

For kitchens and bathrooms, stick with the existing layout for plumbing and gas appliances. The cost to move plumbing or gas lines significantly increases your renovation costs. Instead, use the money you save to upgrade appliances or splurge for a higher-end cabinet or countertop option.

Create Your Dream Home

You can upgrade your space and stay safely within your budget. Look for the areas where you can DIY, shop sales, use coupons, and know when to go with the lower-cost option.

At Kenco Home Inspections, we love seeing homeowners make smart renovations decisions. Doing the job right from the start and making smart budget decisions can give you a well-functioning home that looks beautiful. 

Contact Kenco Home Inspections to schedule an inspection in Southeast Florida.