How to Cut Down Renovation Costs
Home renovation could be an expensive project anywhere in Australia. And without proper budgeting and planning, the costs can get out of control. How much you’ll use on home renovation depends on the size of the project. If you are rebuilding the entire home, you’ll put in more money than just a kitchen redo. But, even the same work scale can cost differently in different houses. And there can be unexpected costs too.
If your budget is tight, here are ways you can cut renovation costs and still ensure that your efforts pay off.
Reuse and Refurbish
You do not always need new things when renovating. You can save costs by reusing or refurbishing old items in your house. Before donating or dumping your things, check whether anything can be refurbished.
For instance, flat-packed furniture is made of standard melamine wood, which is versatile. You can use it for making shelves or storage units instead of disposing of them. Also, you can turn a side table you’re not using into an ottoman or reupholster chairs, sofas, and cushions. Again, keep old wares as they can be used for one of your renovation projects and save you a lot on the materials.
Most people want to take the DIY route. However, this isn’t always going to be the cheaper option. It’ll be better to work with a professional plumber, electrician, roofer, etc., from a financial viewpoint. DIY often ends up causing potential problems and you may not like the results.
If you’re scared about the costs of hiring a professional, make sure to get at least three quotes from different service providers that state the total cost and timeframe. Then, choose a reputable professional within the budget you can afford.
A lot of comparison websites in Australia connect homeowners with the right professionals. You can use them to save time and money as you’ll only need to post your job, then different contractors will reach out with their quotations.
Stick to Your Original Plumbing Points
Changing your plumbing points can quickly spiral the renovation costs of your home. Therefore, ensure you stick to the initial plumbing points. While you can upgrade bathroom sinks, pipes, etc., the key is not to move these facilities from their places as that is expensive and timely. Bear the same tip in mind when renovating your kitchen and laundry. Your plumber can advise you on how to renovate without moving the facilities from their original place.
Make Cosmetic Fixes
Cosmetic fixes can save you money if you are on a tight budget. Rather than renovating the entire bathroom, change taps and shower screen. Also, rework your bedroom or lounge by changing simple things like pillows, curtains, and cushions.
Cosmetic fixes are cheap and easy and they attract people’s attention. So, not only will you boost the appearance, but you’ll also save a lot.
Think of applying fresh paint and change the cushions to give your rooms a face uplift.
Use Affordable Materials
The most expensive material doesn’t mean high quality. Therefore, look for cheaper but high-quality alternatives. This way, you will save money without affecting the desired results.
Rather than using top-tier materials in the kitchen and bathroom, consider less expensive materials. For instance, instead of using granite, use an engineered stone bench, and rather than using marble, opt for laminate.
And choose quarry floor over ceramic and laminate flooring instead of hardwood timber. You can still make a statement using cheaper material options.
Consider Second Hand Finds
Second-hand finds are cheaper and will significantly lower renovation costs. Don’t buy everything brand new. Instead, try to mix high-end items with second-hand finds, especially if you want to save on appliances, white goods, and furniture.
Many stores sell factory second goods, while they have small markings or dents, they can be hidden easily. Plus, they are sold at less expensive prices than their counterparts. Also, look for a second-hand furniture store around your area and visit them to see their offers.
Think Long Term
While saving now is a great idea, consider how much you’ll save in the long term. Think about sustainable building upgrades when renovating. This means investing in an affordable but quality installation, LED lights, and rainwater tanks.
For outdoor decking areas, cheap composite decking boards could cost a bit more than the timber decking boards at the beginning, but over the long run they need less oiling and maintenance, they last longer as well. So you end up saving more using composite decking boards.
Additionally, if you are renovating your structure, take advantage of the raw energy (natural heat and light) during window planning and placement for long-term savings.