It doesn’t matter if your Home Renovation Costs budget is big or small, home renovations can quickly add up to hundreds or even thousands of dollars more than you were expecting.
Thankfully, there are some easy tips that you can follow to help keep your home renovation costs under budget. From shopping with coupon codes to easy DIY solutions, follow our helpful tips for massive savings on your next home reno plans!
Shop with coupon codes
One of the easiest ways to save money on new home renovations is to shop for the supplies you need with a coupon code. It’s that easy!
Check around online and you’ll be amazed at how many home retailers offer free coupon codes that will allow you to save on tools, equipment, home decor, and more.
For instance, try a Build by Ferguson Code. They offer an amazing variety of products designed for both home and commercial purposes. Grab any coupon code that you like and you won’t believe the money you can save on supplies for your next home renovation.
Make a budget
One of the easiest ways to save money on home renovations is to make a budget… and actually stick to it.
This doesn’t mean that you have to aim for “cheap”. It just means that you should make a detailed list of exactly all the expenses associated with your new project. Once you commit to a price on your budget, don’t go over it.
While making your budget, make sure you always reserve an extra 10% in case of unexpected expenses!
Pay in cash
It may sound simplistic, but saving cash really does add over time. If you put everything on high-interest credit cards, you’ll end up wasting a lot of money on interest fees. It might make sense to take out a loan when you know you’ll make your money back by investing in your home. But in most cases, paying by cash can trim some money from your renovation budget.
Do it yourself
Doing small projects yourself instead of hiring a professional contractor can save you a lot of money. If you’re thinking, “I’m not handy, so this tip isn’t for me”, that’s simply not true!
You don’t have to completely install drywall by yourself but there are a few things you can do to save your contractor time and money. Cleaning up the space, prepping surfaces and painting are all things that you can do yourself to save some money on your budget.
Here is some inspiration for easy home renovation projects you can do for less than $150!
If you have some DIY experience, consider tackling some more advanced projects. As long as you have the time and ability to learn a new skill, YouTube is filled with DIY home projects to try. Just make sure you get any permits if you’re doing complicated work like tearing down walls or building support beams.
Instead of throwing out used or worn items in your home, think about how you can reutilize them. For instance, your kitchen cabinets might look dated but with a fresh coat of paint, they could become completely new.
Even if you can’t reuse anything in your space, you can always buy materials at cheaper alternatives.
For example, try salvage yards for extra lumber and building supplies. If you need a piece of specialized equipment, consider renting it rather than buying. Don’t forget about buy, sell and trade websites either. Sometimes as people get ready to move from their homes you can find amazing deals on discount appliances.
Pay professionals for important Home Renovation Costs tasks.
You may think you are saving money by doing some work yourself. But a failed DIY attempt can cost you dearly. It’s important to know your limitations when it comes to DIY.
Connecting professionals in all electrical, plumbing and structural work. Unless you’re hiring yourself, you’ll always get at least three quotes, but remember: cheaper doesn’t always mean better. Get advice from past customers and make sure your money is worth it.
Prepare honey to do simple tasks.
Good news – there are many fixes available for you. Be family and friends and you can do it yourself. Meet the bees with cheap drinks and barbecue.