Tips & Tricks

3 Tips for Saving Money On A Large Renovation

While most people can tackle small home improvement projects on the weekend and with minimal damage to their bank account, if you have a large project that you’re undertaking, you may be worried about how you can stay on budget and within your timeline. But just because you’re doing a larger renovation doesn’t mean that you have to spend an exponentially larger amount of money. To show you this is possible, here are three tips for saving money on a larger renovation.

Plan, Plan, Plan

Before you begin buying anything or make one step toward starting your project, the best thing you can do for yourself is make a solid plan. According to Catherine Nikas-Boulos, a contributor to The Daily Telegraph, most home renovation projects get their budgets blown due to a lack of planning in the beginning. When you don’t have a plan for what materials you’re going to use or what exact changes you’re going to be making within your home, it’s much easier to splurge on an item or idea that you don’t actually need. So to keep this from happening, take the time to plan out as much as you can before you begin your project.

Use Recycled Materials

Once it comes time to find the materials you’re going to use for your renovation or other large project, you’ll likely want to find a way to get these materials without spending an arm and a leg. One great way to do this, according to James Glave, a contributor to This Old House, is to use recycled materials. You can get these from places like Habitat for Humanity’s ReStore centers or other establishments that take materials from other people’s old or finished projects. While this can help when you’re doing the work yourself, you should be aware that many contractors are very hesitant to use recycled materials due to the quality not being guaranteed.

Avoid Moving The Plumbing

When you’re undertaking a big renovation in rooms that contain plumbing, like the kitchen or bathrooms, you can save a lot of money by sticking with where the existing plumbing fixtures already are. According to Sarah Lonsdale, a contributor to Remodelista.com, attempting to move the plumbing around a room can cause you to do a lot more work to the structure of the building. This type of work can get really expensive really quickly. So if at all possible, try to leave plumbing, and even most of the electrical work, as is.

If you plan to take on a big home renovation project in the near future, consider using the tips mentioned above to help you save money while still getting a great finished product.

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