Alain Guillot

Life, Leadership, and Money Matters

Tips to Help Us Save Money on Home Renovations

We all love the idea of living in a beautiful and well-maintained home. To fulfill this wish, however, it may call on us to invest in home renovations that can prove costly at times. I am one person who does home renovations regularly and, through that process, learned a bit about how to save costs, be it by going to compare bridging loans or by being strict about what can and can’t be touched in a project.

In this post, I would like to share with you some of the ground floor extensions tips that work for me. These tips are applicable to most types of houses. Still, they may vary depending on where you live and any regulations that govern home improvement procedures.

Identify What Needs Renovation

The first step to improving your home’s appearance is identifying what needs renovation and to what extent. Some home improvements might be necessary, for example, if a tornado brought down a part of your roof. Other renovations, however, are for improving the overall appearance of your home and adding convenience.

I’m lucky that in the area where I live, natural calamities are not a common thing. Therefore, the majority of my home improvement projects are for appearance purposes. Identifying what needs renovation in my home will depend mostly on what would look or feel better if done in a particular way.

Make a Budget

Making a budget allows you to put the money that you have to prudent use to complete a particular renovation project. Once you identify which areas of your home need renovation, it will help you estimate the cost of the repair or upgrade that you would like to make to your home.

Whenever I’m looking to do a home renovation project, I make a budget that includes all the materials I will need. I then estimate the cost of each one of those materials and any other extra expense for transporting them to my location. I also estimate the cost of getting rid of all the renovation debris, and for that I usually call the local dumpster hire. This process allows me to gauge to what extent I can do a home renovation project and whether I will do it fully or in phases.

Do the Renovation Yourself

The cost of labor may put you off as you look to invest in a home renovation project. However, you can cut down on this expense significantly if you do the renovation yourself. Gauge the skills you have already and whether you can get some tutorials online that will help you complete the renovation.

I am a home improvement junkie. For this reason, I am always learning new skills that will help me do renovation projects in my home without enlisting the help of hired labor. In instances where the workload may be too much, I talk to my friends, and over the weekends, we can undertake the home renovation project together as we catch up. Doing this continues to prove economical and
with a lot of benefits on my own skillset.

Of course, when you do renovations yourself, you have to be aware of your level of expertise and ability. Renovating a bathroom is a whole different game than just applying some transfer tape on the window. Don’t do improvements that are way outside your level of learning, it could cost you a lot.

Reuse Old Materials

Home improvement and DIY projects are your best chance at putting to use old materials in the house that previously seemed useless. Reusing some of these materials will help you save on any additional costs as you look to renovate your home.

However, if the house if very old, we have to be on the lookout for residues of asbestos. Asbestos was very popular at one time and its use peaked in the 1950s, at which point it could be found in about 3 000 products. Unfortunately, it was discovered that asbestos is may increase the risk of several serious diseases, including lung cancer. Any home made before 2000 should be checked for asbestos by a qualified professional that runs an asbestos survey Houston way, or wherever the home is based, before renovation occurs. Disturbing asbestos without taking necessary precautions can have dangerous health consequences.

For one of my home improvement projects, I visited my basement and realized there was an old bunk bed that my kids used when they were young. It was no longer in use, but its wood could serve me in another way. I tore it down and utilized the wood to create an outdoor bench that I could use with my wife. The simple act of doing this helped to save me a lot of money that I would otherwise
put into buying new wood planks.

As you look to renovate your home, take advantage of the tips above to help you cut down on the costs of repairing your home. Make your home look beautiful while saving your money.