Need to deliver a budget friendly renovation? Read on.
You want to make sure you get the most for your money when renovating your home, but you also don’t want to break the bank in the process.
Far too often, people jump into renovations without calculating a budget beforehand and soon find themselves in debt. Without careful planning you may find yourself researching things like the advantages of Trust Deeds and other debt solutions in order to navigate a difficult financial situation.
Don’t worry, renovation doesn’t need to be expensive – with a little bit of creativity and careful planning you can have a budget friendly renovation.
Here are some tips on how to renovate without breaking the bank:
Get creative with your materials
Image: Craig and Rose
If budget is an issue for you, try to use as many budget friendly materials as you can, while still maintaining the desired outcome.
For example, concrete is budget-friendly and if painted well it will look very similar to expensive tiles or marble, which is often used in high end renovation projects.
The budget-friendliness is that concrete can easily be found at local hardware stores and usually at a great price.
Only do the work you want to
There’s no point in taking on a DIY project that you won’t enjoy doing or that will take up too much of your time and effort, when there are plenty of other things around the house that will be budget friendly and a lot easier to DIY.
For example, if you have a budget for painting the walls of your home but not the floors or ceilings, purchase paint for these areas and get a budget-friendly painter to do them instead. This will save you from doing something you don’t want to do, while still budgeting for your paint.
Don’t overlook budget friendly materials
Just because budget-friendly materials are budget-friendly doesn’t mean they aren’t good quality! For instance, a clear acrylic sheet makes a great alternative to expensive glass. And it’s often made from recycled materials. So you don’t have to feel guilty!
Before the days of modern technology, inexpensive tiles were used in some of the most luxurious places around the world, because budget-friendly tiles are long lasting and can be found in a wide variety of different colours.
For example, budget friendly concrete has been used for some pretty impressive buildings around the world, including the Moses Mabhida Stadium in South Africa and the Aiguille du Midi Bridge in France.
Hire budget-friendly professionals
Image: Hattie Lloyd
If budget is an issue, don’t underestimate the power of budget-friendly professionals.
Many professionals will do what they do for a living, because they enjoy it and would rather not be doing something different for money.
This can lead to companies who are essentially doing their job as a hobby and therefore may charge a budget-friendly price.
For example, if you’re trying to manage your budget, look for budget friendly professionals in your area, like plumbers or electricians. This will take the pressure off you to do the work yourself and let you focus on what you enjoy doing while still managing the budget of your cost effective renovation.
Budget Friendly Renovation Tip
One of the most budget friendly renovations is one where you manage the costs and purchasing of items as closely as possible.
With this in mind it’s a good idea to deploy an effective project management solution.
Spreadsheets are the perfect answer for this and readily available. Watch some YouTube videos on how to manage your costs if you’re not sure, but this is the best way to ensure you don’t go over budget.
In fact, manage this aspect well and you’ll easily be able to cut costs and keep your renovation well under budget.
For example, if you’re overspending in some areas like windows, then find how you can claw some of that expense back from other areas, perhaps by choosing cheaper fixtures and fittings in another area.
By following these tips, you can easily renovate your home without breaking the bank land create a budget friendly renovation every time.
Getting creative with budget-friendly materials and getting rid of things you don’t need are great ways to start. Make sure to only do the work you want to or else you won’t be able to stick to the plan – which defeats the purpose! So get started on your renovation project today and enjoy your new (or newly updated) space.