One of the best parts of planning a renovation project is looking at all of the things that bring you inspiration. But when you look at the prices for those beautiful light fixtures or the new kitchen island, talk about sticker shock! That’s not including the cost of labor if you’re hiring a contractor.
We have 5 tips for creating a home renovation budget so that you have enough money that you (hopefully) won’t go over.
Before you can start renovating, you need to have a renovation plan. As you’re making this plan, list the things you want, you need, and would like. Price out these items so you can get a clear picture of what things will cost. So when you’re creating your budget, you’ll then be able to select things from each column in a way that stays within said budget.
After you’ve created your renovation plan, look at your finances and see how much you can truly set aside for your budget. A real estate agent helps you cull some of your renovation list because they’ll know what buyers in your area want, how much buyers are willing to pay, and can even put you in contact with contractors within their network.
A great way you can save money is to do some of the work yourself. Of course, there are going to be some things you shouldn’t do on your own, such as heavy construction, electrical work, or plumbing. You can, however, start some of the demo work. This can include things like ripping up the old flooring, tearing down the cabinets, or removing existing light fixtures.
Renovations that you can (and should) consider DIYing include: painting, installing a new backsplash, painting the cabinets, or hanging a new front door.
Part of your home remodeling budget is going to be spent on materials, so of course you’ll want to compare prices for materials. But did you know that you could save money on high quality materials by going to vintage stores, architectural salvage companies, or even online. You can also find great materials at places like Habitat for Humanity ReStore and the like.
If you are going to work with a contractor, don’t forget to factor in their rates with your budget.
Home renovations usually increase the value of your home and when you’re going to sell your house, you can recoup some of that cost. However, if you’re not going to be moving any time soon, you can still get some money back by selling the things you aren’t using/don’t need. For example, you can resell your old appliances, cabinets, doors, flooring material, and light fixtures.
We know all too well how difficult it can be to stick to a budget when you’re doing renovations. Sometimes you’ll be faced with situations where you need to make last minute adjustments or replacements. Heck, sometimes you’ll run across a problem that requires immediate attention and you don’t leave enough in your budget for a cushion.
When you’re working on a budget, you need to think of all the things that could go wrong and plan accordingly. Noone likes to think something bad will happen along the way, but it’s always better to be prepared than not, don’t you think?
Brick houses have been a cornerstone of architecture for centuries, celebrated for their durability, aesthetic versatility, and timeless appeal. In modern design, architects continue to explore innovative ways to incorporate brick into residential spaces, blending traditional materials with contemporary needs. While the design of each brick house is unique, there are several ways to incorporate […]
One of the significant decor elements for the living room is the sofa. Sofa designs for living room radiates the feeling of comfort, the dweller’s personality, and their personal touch to the design. From traditional Indian settees to modern-day lounges, with plenty of choices available, it can be puzzling what to choose. With this curation […]
Plants for home garden, apart from making houses look more beautiful and inviting, add health and calmness to them. Having any kind of indoor plant, a herb plant or a flowering plant adds some value to your decor and the quality of the space. Always choose plants that will flourish in your space and climate. […]
Flooring design is an important element for the overall aesthetics and function of your home. Whether you prefer the classic style of marble, the tradition and warmth of wooden flooring, or the practical use of tiles, the right flooring can revive your space. With shifts in design trends, Indian homes are starting to incorporate a […]
When designing a home, interior decor ideas to craft spaces become a necessity. From small plant vases to big furniture pieces everything comes in handy for making space speak one’s personality. But with an ample amount of products available in the market, it becomes daunting at times what to choose. With this blog, we cover […]
A bedroom is more than just a place to sleep, it’s a personal retreat that reflects your style. Modern bedroom designs are the best mix of functionality, comfort, as well as aesthetics that transform an ordinary space into an elegant yet inviting one. Whether you like minimalistic design, industrial design, warm wood, and linen in […]
The Indian home decor market has undergone a remarkable transformation, driven by rapid urbanization, rising disposable incomes, and a growing preference for personalized, high-quality interiors. No longer are homeowners settling for mass-produced decor—there is a clear shift towards customization, exclusivity, and sustainable choices. The demand for bespoke home decor products, especially wallpapers, is skyrocketing as […]
Have you ever walked into a home and instantly felt a sense of peace, like everything just “flows” perfectly? Or, on the flip side, stepped into a space that felt heavy, cluttered, or just… off? Believe it or not, the way a home is designed and decorated affects not just its aesthetics but also the […]
Tiny house designs are very exciting and intimidating in themselves. Moreover, they come with their benefits and challenges as well. To know and understand tiny house designs, one must have enough knowledge about the challenges one can face. It can be individual or separate entities and also can be shared living spaces. The following are […]
A well-designed false ceiling design for hall can create the entire mood of your interiors by adding elegance and character to the space. From simple gypsum to highly designed wooden patterns, these ceiling designs not only beautify the whole ambience but also improve sound quality distribution, thermal insulation, and lighting distribution within the room. In […]