One of the things that worry people the most when they make renovations is the budget. This is especially true when making renovations for a future sale. Thankfully, cutting costs on renovations can be fairly easy. Most people end up overpaying because of simple mistakes that could’ve easily been avoided. You can also save money by handling some aspects of the project yourself. Below we look at some simple ways to save money on your next home renovation.
Get Multiple Quotes
One of the worst things that you can do when hiring contractors is pick the first one you come across. Even using people’s recommendations is not always the best idea. You never know if you could find a better contractor out there who will get the job done for less. This is why we suggest that you get at least three quotes before you make your final pick. If you notice that one quote is uncharacteristically low, try to look at it in detail to check if there are hidden costs and do a background check on the contractor to make sure that they’re reliable.
Offer to Buy Some or All of the Supplies Yourself
To save on home renovations, another thing you could do is offer to buy the supplies yourself. You could make major savings if you buy the items from a wholesaler instead of letting the contractor buy them for you. In most cases, contractors will put a premium on materials if they have to buy them, and you might be surprised by how much your quote might drop by getting most of the things needed for the job yourself.
If you need electrical components, for instance, you could go for a supplier like powerpointelectrics.co.uk. You could buy items in bulk from this store and get roughly the same prices as contractors. So, ask the contractor for the list of supplies that will be needed and see if you can get them somewhere for cheap.
Fake It Until You Make It
You can also save by making smart choices. Maybe you want to get marble worktops, for instance. If that’s your case, you could go for marble veneers instead of a solid marble piece. You’ll get the look of real marble for a fraction of the price. If you want to use marble for something like a sink, on the other hand, you could go with a veneer or a marble piece that has a slight imperfection. Try to position the imperfection in a place where it will be less noticeable.
You should also look at alternative flooring materials if you want new floors. You could go for laminate, but there are better options like luxury vinyl tile that will give you roughly the same look as hardwood floors but for much cheaper. Look at what’s available there and be open to choosing alternative options.
If your goal is to renovate on the cheap, follow these few tips. Choosing the right contractor is essential, but your decisions are what will ultimately affect costs most… so be careful.
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