Renovate Without Breaking The Budget
How to Save on Your Home Renovation
Home renovations don’t need to be costly so long as you know what to do. Before breaking down your walls and planning your new kitchen or bathroom, there are several factors to consider to stay on budget.
Here are some top 4 tips to check out.
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Decide- Structural vs Cosmetic Renovation
Decide whether you will go all out with a structural renovation like an extension, new level, knocking out walls or simply cosmetic like painting the house or a kitchen or bathroom makeover.
A structural makeover is usually much more complex and costly and may require specialist trades like a builder, interior designer and other trades professionals.
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Avoid overcapitalising
By understanding the value of similarly renovated home in your area, you should be able to get a feel for
(a) what your property will be worth once the renovation is completed, and
(b) your renovation budget and what you need to stick to, to avoid overcapitalisation.
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Break down your renovation into small projects
This can be by room or space. This will also help you manage your budget and not feel so overwhelmed.
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Work on street appeal
Remember first impressions count so work out a decent budget to give the external of your home the “wow” factor.
For instance, this could be on external painting, cement rendering and landscaping. They will also add value of your property.
Find local builders and tradies right here!
If you are looking for builder and other local trades for your home renovation, big or small, why not give our team a call and find out about the recommended local businesses in our trusted network.
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