How to Get the Most from Your Home Renovation Budget*

If you’ve ever watched a home improvement TV show you often will find that most people on those shows don’t disclose their budgets. When you are the homeowner and you would like to make renovations, you might discover that you don’t have the home renovation budget you think you should, because we all know home renovations can be expensive.

Whether you decide to renovate your house into a home with extra bedrooms or an extra bathroom, you need to make sure that you have the right tips under your belt so that you don’t get any nasty shocks. It doesn’t matter whether you are renovating your garden to have brand new Westland Turf or you are upgrading a bedroom with new carpet, your renovations are going to cost you money. With this in mind, here are some of the ways that you can Get the most from your home improvement budget.

• Plan your costs and plan some more.

  Failure to plan is planning to fail so break out your list and start making notes on your renovation. When you are gaining quotes, always add at least 10 to 20% of the cost on top when allocating your home renovation budget to different areas of work. You need to remember so much, like skip hire for example. Unexpected things can happen all the time, from tradies not showing up to the site to the weather interrupting the job. Things could even be a lot worse than they appear once the work starts and you need to ensure that you overestimate your expenses and allow some wriggle room for safety reasons. Keep revisiting your budget as you go and don’t forget to allocate your funds for any incidentals.

• Do as much prep work as you can.

  You may be able to save money on labour costs if you are willing to get your hands dirty, that includes sanding back surfaces and clearing out all rubbish. If you have the budget to be able to pay the experts to do this for you, reach out and pay for it. Save yourself the stress if you can. If you do have the ability and the budget to patch up the plaster yourself and rip up the carpet, go for it so that you can save money overall.

• Speak to the professionals.

  It’s always tempting to complete work yourself, especially if that work seems quite simple. It can be very beneficial when it comes to your home renovation budget. The problem is that playing around with those plumbing and electrical works can cost you thousands overtime if something goes wrong and you don’t intend it to. You can protect yourself and your home by enlisting the help of a professional to complete the specialist tasks that you can’t complete yourself.

• Invest in products that will last.

  While it might seem expensive in the beginning, investing in products that last will save you money in the long run. When looking at flooring consider something like Engineered Wood Flooring. It’s hardy, looks amazing and is perfect when you have a family as it’s easy to clean and moisture resistant. You won’t be able to tell that it isn’t real wood but it will last so much longer.

• Consider the benefits of DIY.

  If you know how to plaster a wall or paint a bedroom, then break out the paint brushes and do it yourself. It’s a good way to save money on your budget, and you’ll be able to dictate how much you spend it on where you buy your materials from. You won’t have to worry about costs overall because you will be able to consider all of your options for saving money.