1. Have a Plan
In order to keep your house renovation cost low, a plan is crucial as it serves as a guideline for you to follow and prevent unnecessary additions. Know what you can remove from the list and what should stay. Create a list of needs and if there’s extra budget, you may include the wants too.
2. Know your Limits
It’s important to have a realistic estimate of how much you can afford for this project. You should also keep in mind that you shouldn’t spend more than the value for each room. For example, a kitchen generally makes up 15% of the property value. So if your house is worth $200,000, you shouldn’t spend more than $30,000 on the remodelling.
3. Pick the Right Team for the Job
Do your homework by asking friends and neighbours for recommendations. It is also advisable to check out the reviews as well as what other people have paid for similar jobs. As tedious as it may seem, the key importance of having the right team is to provide you with quality service within your given budget.
4. Mix Materials
An alternative to keeping your budget in check is by mixing materials. For example, you can utilise hardwood flooring in the living and kitchen area while areas such as the entryway and bathroom can use a less expensive flooring. Vinyl and tile are less costly compared to hardwood.
