Ways to Save Money on Home Renovations

Getting the Most Out of Your Home Renovation Dollar

A home renovation tends to be a significant expense for most people. In this post, we’re going to go through the best ways to save money on home renovations. And, no, we’re not going to tell you to DIY the job. There are a lot of other ways to save on costs without committing to a lot of work.

Ways to Save Money on Home Renovations

Discounts for Cash

It’s better to save the money for the renovation and then pay cash than paying on credit. If you need to sell your home quickly, this may not be an option. At all other times, though, it will be. You’ll save by not paying interest on the amount used to fund the renovations.

Recycle and Reuse

The next best way to save money is to reuse as much as possible. If the kitchen cabinets are still in great shape, give them a facelift rather than replacing them. Ask yourself the following questions before replacing things:

  • Can changing out the handles and repainting the doors make cabinets look like new?
  • How do you feel about refinishing worn or outdated surfaces? Benjamin Moore’s Advance paint is perfect for painting over surfaces that have been veneered. If you want to learn how to do this, the YouTube video below will point you in the right direction.
  • Could the cabinets be refaced?
  • What state is the body of the cabinet in? If the doors are a dead waste, maybe you can still use the body.
  • Have you thought about second-hand items? Recycling doesn’t mean only sticking to the items already in your home. You can save a reasonable amount of money by checking out charity shops, salvage yards, and auctions.

Strike a Balance Between Quality and Price

Spend more on the items that will make the most impact. Back to our kitchen cabinets, for example. Choose a high-end door handle to make the cabinets pop. When it comes to the doors, use good wood. The body itself, however, can be made from a cheaper wood.

Another example is to use high-end products selectively. Could that gorgeous designer wallpaper be used on one feature wall instead of all over? What about that tiled backsplash? Does it need to cover the whole wall, or can you get away with doing half that height?

Be Patient

The faster you want the job done, the more it is likely to cost you. Consider doing one or two rooms at a time instead. That way, you spread the job over a longer period. Do consider waiting for the big sale seasons, like Black Friday, so that you can pick up great deals.

Don’t Change the Footprint of Your Home

The more extensive the renovations, the more they’re going to cost. There are times when you need to add an extra room or want to open up space. Think carefully about whether this is essential or not.

Removing a wall is not a difficult job, but it could get expensive if beams need to be installed to hold the wall up or you end up rerouting electrical systems. Changing the plan to a half wall instead could help you avoid having to make too many changes while still letting in more light.

Neutral Colours

When choosing new colours to use, think about how fast they’ll need to be changed. That hot pink that is in fashion now might get boring quickly. Instead of slathering your walls with it, use it for a statement wall, or on the accessories in the room, which will make changing it later a lot simpler.

Final Notes

Saving money on a renovation is easy if you approach it smartly. The fewer significant changes that need to be made, the less expensive they’ll be for you. Instead of going full steam ahead into a whole new look, consider ways to save by reusing and recycling.

Need help with the painting? Give Mayfair Paint, the paint specialists a call today.