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In 2012, there was an estimated 284 billion dollars spent on renovations in the United States aone. One thing that is having a big impact on the home improvement market is consumer demand for products that are environmentally friendly and leave less of a carbon footprint.
However, home upgrades and repairs can be expensive. The average cost of even a minor kitchen remodel is around $19,226, but a kitchen remodel is one of the top areas that will pay you back when selling a home.
If you’re on a budget like most people, then figuring out how to renovate your home without breaking the bank is a top priority. The following budget-conscious ideas will help you get the most bang for your buck.
Reface Instead of Replace
If you are replacing a kitchen or bathroom, look into refacing cabinets rather than replacing them. Refacing costs …show more content…
Can you pull out flooring and do some of the demolition? If so, the contractor may knock some of the cost off of your renovation. Willing to paint? That can save you hundreds more. Talk to your contractor about your budget. He likely has more ideas for ways you can bring the cost down.
Pick Items Up
Instead of paying a delivery fee, pick items up yourself. Don’t own a truck? Do you have a friend or family member who does? Although the cost of one delivery might be minor, over the cost of the renovations, saving on multiple delivery fees can really add up to hundreds in savings.
Pick the Right Time of Year
Typically, contractor work slows down during the winter months. Try to schedule your renovations when contractors typically don’t have a lot of work and they may be more willing to negotiate on the price. Even if you’re gotten a quote before, go ahead and ask if they can come down on the price any. Even a 10% savings can result in thousands off the cost of a home renovation.
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