Home renovations are going to cost money—there’s really no way around it. Whether you’re changing out the kitchen backsplash or completely gutting your bathroom, things can add up when it comes to materials, time, and services. But that doesn’t mean you need to spend to the max and get yourself into financial trouble.
”Be realistic and honest with yourself
It would be lovely if there were no limits to any of our renovations. Vault those ceilings, go with hardwood floors, gut that kitchen and turn it into something envied by the pros! But being realistic with what your family needs can help save money in the long run.”
”Identify your priorities
Some areas of the renovation may be more important to you than others, which is why it’s important to decide what exactly you want to accomplish with your renos and where you’re willing to spend more.”
”Plan ahead and keep things simple
You may have a loose vision of what you’d like to achieve with your renovations, but without a solid, easy-to-follow plan, you run the risk of going over budget and creating an uncoordinated space. Create a plan and stick to it”
”Confirm all your materials and appliances ahead of time
Your plan and vision may include specific materials or features, but if they’re not available when you go to do your renovations, you could end up having to make an expensive pivot.”
” DIY is possible, but make sure you’re really prepared to do it
Depending on the work that needs to be done, taking the do-it-yourself route could be a way for you to save money—but only if you know what you’re doing. Now is not the time to try it for the first time, at least not if you want to cut down on costs. ”
” Consider hiring professionals to help save money
Hiring a reputable professional is the one area you should not skimp on when it comes to completing your home renovations. Though it’s an upfront cost, it can save you massive headaches down the line.”
Source: to read the full article published on the Realtor.ca website click HERE
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