When you invest in renovations, you can increase the value of your home and improve your quality of life. That said, the process can be expensive. If you’re renovating your whole house, it can cost you anywhere between $3,000 and $160,000 depending on the scope of your project and the quality of your home.
Luckily, there are a number of ways to save money on your home improvement project. We’ve outlined several tips to help you out below.
- Wait for the Right Time to Renovate
There are certain times of the year, such as during the summer and near Christmas, when it’s popular to get renovations done. If possible avoid these times. This is because there will be less contractors available and the contractors that you are able to get ahold of might not have your job as their top priority.
In contrast, when you hire a contractor while work is slower, they’ll put more priority into your project and may even offer a discount.
- Avoid Moving Plumbing Fixtures
If you’re trying to move your sink in a kitchen remodel or your toilet, it’s going to significantly increase the cost of your remodel project. This is because, even if you just move your fixture by a couple of feet, you’re now going to have to renovate your pipes to accommodate the move. Instead, try to renovate around plumbing appliances so you can revamp your space without the extra cost.
That said, if you are set on moving your sink, make sure to do your due diligence and locate a sink installer with positive reviews.
- Do Some Demo Yourself
One of the easiest ways to save money on a remodel is to take care of the demolition yourself. That said, only embark on DIY demolition if you feel confident. For example, you might feel better doing simple tasks such as removing a cabinet or demolishing a deck.
However, the last thing you want is to take out a load-bearing wall or damaging wiring that you didn’t know was there. For that reason, it’s important to be cautious and only demo what you’re comfortable with.
- Take Time to Shop Around
It’s good to compare the prices of different materials and appliances at different shops. If you find a material at one shop that’s cheaper than the shop you’re currently at, ask if they price-match. This could save you a lot of money in the long run.
Closing Thoughts
When you’re remodeling your home, it’s important to stick to a firm budget. The more you plan ahead for your renovations, the more you’ll be able to save. If you’re thinking about a more extensive home renovation, check out Angi’s home remodeling estimator to help you plan.
