Tips for Remodeling on a Budget without Feeling like You’re on a Budget
Feeling like it’s time for a change? Remodeling your home or business can be a great way to freshen up the look and feel of a space. However, it can also cost a pretty penny. There are some really great and inexpensive ways to tackle your remodeling projects without having to break the bank. The following tips and tricks will make sure your design aspirations don’t overshadow your budget!
Throw on a fresh coat of paint!
Seems simple right? It is! Adding a new color scheme to your space can produce some of the most dramatic results for the lowest price. Paint can be used to make a space look bigger or more inviting. If you’re lucky, you might be able to find a great bargain in the “Oops!” section of your local hardware store. The “Oops!” paint is paint that didn’t quite turn out the way the original buyer wanted. You can pick up these paints for a fraction of the cost. Another money-saving idea is to have leftover paint from your remodel tinted for use in another room. You can save hundreds of dollars by re-tinting paint instead of buying a brand new color. Do not underestimate the power of the paint!
One Man’s Trash is Another Man’s Treasure
That’s the old adage anyway. When you are remodeling, there is no better way to save some cash than to use reclaimed materials in your project. You can search local salvage shops to find anything from kitchen cabinets and tubs, to windows and doors. Especially in the case of older or historic homes, salvaged materials often turn out to be a better fit design wise. They don’t make them like they used to, so finding pieces that are vintage can add the perfect personal touch.
Do It Yourself!
It goes without saying that the cost of labor is incredibly high. If you are having new floors or carpeting installed, save yourself a ton of money by doing your own demo. Pull out the old carpet or flooring yourself. If the company you hired to do the install has to do it, they will charge you. The same goes for plumbing and electrical work. These jobs have to be done by licensed professionals, but you can pull out old tubs and toilets yourself and keep that extra money in your pocket.
When you think of remodeling, you probably think of all the money you will need to spend to get the job done, but there is money to be made as well! Whenever you are remodeling, especially if you are going down the bare bones of the space, there are opportunities to make a little cash to help fund your project. Wiring and plumbing, especially copper, are high value items. In most areas, there are facilities where you can bring in your scrap metal and walk out with cash!
Another money-making/saving method is to barter. If for example in you demo you have a pile of old doors or windows, you can take them to salvage shop and sell them or trade them for something you need.
Remodeling your home or office can be spendy! But you don’t have to go broke in the process. Learning to squeeze every dollar out of your materials can ensure you get the most bangs for your buck during your remodel.
The following infographic, which comes courtesy of homes.com, serves as a checklist of key ideas when you are trying to save money on home remodeling.