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5 Tips for Economically Renovating Your Home

Wednesday, September 26th, 2018 at 1:25pm Jenna Christensen

 

WRITTEN BY VALENTINA CESTARIPOSTED ONMONDAY, 24 SEPTEMBER 2018 13:00
5 Tips for Economically Renovating Your Home
 

Maybe you want to freshen up your house’s look before the long winters, or a home repair has been long overdue. Irrespective of the reason though, a home renovation plan can be both exciting and exhausting. What’s more, the work can be costly too.

In 2017, homeowners spent an average of $15,000 on house renovations. However, you need to take each step carefully if you’re on a tight budget. Let’s walk you through some simple tips to remodel your home economically:

1. Begin by cleaning up

As soon as the idea of home renovation pops in your mind, you need to hold your horses. This is because any design pointers that come to your brain at this point will be hazy. Thanks to the clutter, you cannot develop a crystal clear idea of what you want.

If you can’t do that, you can’t budget realistically. It details the very purpose of renovating your home reasonably. Therefore, start by cleaning your place thoroughly. Declutter and clear out what you don’t need.

Chances are that cleaning your space and rearranging the furniture can help you redesign your entire house. If your house is in good shape, only cleaning and moving things around can work to give your house a new look. If not, then this DIY project will help you visualize the home remodel that you want.

2. Set a realistic home renovation budget

Business Insider revealed that 61% of us don’t have a budget, but that won’t work if you aim to renovate your house on a shoestring budget. You need a budget, and while you are at it, you need a realistic budget.

This means that if you put yourself in utopia and estimate fairytale costs, you won’t be able to get anywhere with your home renovation plans. Hence, you need a fair estimate of what renovations you want in your house.

For instance, if you plan to spruce up your existing backyard, then you need to research the rough estimate of getting done all that you’ve in your mind. On average, Landscaping Network reports that a budget of $25,000 is typically dedicated to backyard renovation. A good contractor such as Terra Nova Landscaping can help you figure out the costs as per the revamps you want.

3. Decide what you want in advance

Budgeting means there is no room for a change of heart at the last minute. You also don’t get to be picky, saying that a certain color doesn’t look the way you anticipated it to, because such double-mindedness quickly adds to the costs.

The simple way to nip this unwelcome evil in the bud is to plan beforehand. Browse through the internet or flip through interior design magazines to get an idea of what you’re looking for. Turn Pinterest upside down if you have to while rooting around renovation ideas and trends, but do it before you seal the deal with your contractor.

Once you have a blueprint of what you want in your mind, you’ll be better able to map out your budget. Plus, you can save your money from going down the drain by saving yourself from buying things on impulse.

4. Get a black and white paint palette

You know that you need your home remodeled when the color leaches from your walls. Since you’re on a mission to give your house a new look on a tight budget, consider a black and white color palette.

Getting different colored palettes can add to the total cost. To counter that, go for the classic black and white that give your house a sophisticated look. Moreover, you can never go wrong with these colors because they are timeless.

Alternatively, choose a neutral color scheme for your rooms. It is a perfect pick because it offers you a lot of flexibility when it comes to decorating. This makes the neutral color scheme a budget-friendly choice because it allows you to add nearly any décor or accent color.

5. Think smaller home remodeling changes

Another smart tip to refurbish your house on a tight budget is to make small changes. While it’s nice to think of the big picture, it is useless to daydream about a new look for your house if you don’t have the cash to make the dream come true.

In such a case, making small changes can significantly change your house’s look. One way to do this is to renovate your house in sections. For instance, get your kitchen renovated this year and then save up and revamp your bedroom sometime later.

Or, you can make minor changes that make a big impact. For instance, change the hardware on the kitchen cabinets for a refreshed look instead of getting the cabinets replaced altogether. Similarly, change the rugs or curtains in your house for a different look.

Wrap up

Budgeting can be tough but not impossible. You can always stay within the limitations of your wallet by planning, making small changes, spending thoughtfully instead of impulsively, and doing some work yourself.

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