8 Ways to Save on a Renovation for Your Home
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For those who love to stay up to date with the latest trends, renovations are a great place to indulge your personal style.
However, it’s not always easy for people on a budget or those new to the home-renovation game. In order for you to save money on your renovation projects and still have an amazing final result, make sure you follow these eight tips:
1) Get rid of old appliances. Each year in America, 3.8 million old refrigerators, freezers and stoves are tossed out. By doing this, you can save around $200 on your average new appliance.
2) Modernize your energy usage. By replacing old lighting with energy efficient options, you will save around $100 a year in power bills.
3) Combine appliances and electronics to save. If you have three floor fans in different rooms, combine them into one to save $30 a year on electricity costs.
4) Upgrade your lighting. By installing energy efficient light bulbs, you will be saving a whopping $60 a year.
5) Install energy efficient insulation and double-pane windows. This will save you around $40 a year on your heating and cooling costs.
6) Use additional lights to save on lighting costs. Installing dimmer switches in hallways, closets and other areas will save you around $20 a year on your electricity bill.
7) Replace or add new appliances and furniture to save money. Instead of replacing older appliances, you can also simply add new items to your current ones.
By doing this, you are still upgrading your home but with a lower cost than buying new appliances.
8) If you’re renovating, go ahead and build a deck or addition if space is limited. This will give you extra storage space and save money on your heating and cooling bills as well.
Buying refurbished items is a great way to get the latest products at a significantly reduced cost while still getting the same quality results as new products. You can find the best prices by shopping around with different stores at different times.
Renovating your home is a serious decision, but it shouldn’t be one that you make without careful planning and research. It’s important to know what you’re getting into before you take on such a large project.
By spending some time researching the topic and finding reputable advice, you will get the most bang for your buck when it comes to renovating
Tips:
1) Use high quality mats underneath all your appliances. This will reduce the risk of damage to your floor and the possibility of burns that could result from a direct contact with your hot stove.
2) Make sure you have a good contractor when it comes to all aspects of your renovation, from start to finish. You want someone who will work with you to stay within budget while still giving you the results that you are looking for.
3) Look into product reviews and make sure any products you purchase are ones that can be returned or exchanged in case there is a defect right out of the box. This can save you a lot of time and money in the long run.
4) Make sure that you are comfortable with any contractors that you work with. They should be able to patiently answer all your questions and give you honest answers about how much longer the project may take and how much it may cost.
5) Take advantage of your local home improvement stores for information or even experts who will come out to give advice on projects or products that you are interested in. Many of these stores will offer a discount on products purchased there as well so you can save money while you renovate.
6) Make sure your renovation plans are realistic. If you want to add some extra square footage, make sure that the cost is affordable and realistic for your budget. Estimate any costs that may arise such as new paint or additional work with professionals like electricians or plumbers so you know what to expect on the total cost of your renovation project.
7) Plan your renovation around the comfort of your family. If there are areas where noise will be an issue with work or during sleeping times, try to plan that area of the house around those times.
8) Keep track of any permits that you may need in order to complete your renovation. Some areas will require you to get permits for projects like remodeling or adding additional square footage.
