Your home should reflect your family’s personality. You don’t always need to remodel your home from top to bottom to give it a fresh look. Think about what aspects of your home are most important to you and invest your money there.
There are plenty of ways to save money on your renovation for any living space in your home. You can make an old room feel new again with just a fresh coat of paint, although there are other budget-friendly projects to consider.
How to Remodel without Breaking the Bank
When you start planning for a home remodel, it’s easy for the dollar signs to stack up. However, whether you’re updating because you want to make your home more comfortable or because you’re planning to sell, it is possible to remodel on a budget.
1. Plan and Budget
Before you begin painting or knocking down walls, you’ll need to create a plan. Don’t just jump into remodeling without knowing the details. Set a firm budget and stick to it. When you make a budget for your project, it’s a good idea to set aside at least 10 % for unexpected expenses.
Track all expenses as they occur. Whenever you spend money, it’s a good idea to know how much of your total income or savings are allotted for the purchase. If you’re planning to do work on your home, it’s important to have a dollar amount that you’re comfortable spending before you begin making design choices.
You can price fixtures and materials and begin to get a grasp on what will work with your budget and what won’t. After your list is created, you can see areas that are eating up a lot of your budget. Make adjustments by choosing less expensive materials or deciding to cut out items altogether.
You will be surprised at the number of options you have once you start your research. Take the time to shop around for the supplies and materials you will need ahead of time to get the best deals. You can reap big savings with recycled or lightly used fixtures and building materials.
3. Paint Your Cabinets
If your existing cabinets are a nice, quality wood and in decent shape but the color isn’t the look you’re going for anymore, consider painting them a new, lighter color to brighten the space. You can paint the doors and cabinets to save money compared to doing a full remodel. You can also retrofit things like roll-out trays and trash and recycle receptacles into your existing cabinets to get modern amenities.
4. Add Some Backsplash
Remodeling a house on a budget doesn’t mean you can’t indulge. Choose one area of your kitchen, such as behind your stove to splurge for a colorful mosaic backsplash. You can also add white subway tiles to the rest of your walls.
5. Update Countertops
Countertops are often the focal point of your kitchen. Consider using two types of materials such as quartz on the outside perimeter if the room and the more cost-effective butcher block for your kitchen island. Decluttering your countertops and reorganizing to give yourself more space can also make a world of difference in the overall aesthetic of your kitchen.
6. Open Up Your Space
Merging rooms by removing a wall can make your house feel brand new and improve the overall flow. Open-space design is still a popular option among homeowners. Make sure you know whether the wall to be removed is either load-bearing or non-load bearing. If it is a non-load-bearing wall, the cost can be minimal. However, if a wall is important to the structure of your house, you may want to keep it in place.
7. Update Your Flooring
Check underneath your old carpet to see if you have usable hardwood flooring. Even if it’s not what you expected, you can remove the carpet and install low maintenance flooring for minimal cost.
8. Finish Your Basement
To add usable square footage to your home, finishing your basement is a great option for getting additional living space and more room for storage. Of course, depending on the extent of the remodel, the transformation may be more expensive than other remodeling options.
Call the Remodeling Professionals
If your home doesn’t meet your needs or desires, it may be time to do some renovations. You don't have to spend a ton of money to make your home your sanctuary. No matter your budget, Finnteriors can make changes that will take your home to a whole new level. Contact us today for a free consultation to get started.