How to cut costs when renovating

It need not cost you a fortune to give your home a fabulous new look. With good planning, you can achieve an impressive result on a tight budget.

 

PAY PROFESSIONALS

First up, outsource any big jobs.

Hiring a tradie for plumbing, electrical and structural work makes sense from a financial and legal perspective. Plus, you avoid any unnecessary and unexpected outgoings caused by DIY disasters.

Do your research; get a minimum of three quotes per job to help you weigh up cost and timeline options before you lock anyone in.

 

SWITCH MATERIALS

Swapping to a more affordable material is an easy renovating win. It will save you money and doesn’t have to affect the overall aesthetic of your renovation.

The kitchen and bathroom are ideal areas to trade in top-tier materials for the next price down. Try an engineered stone bench top instead of granite, or laminate as opposed to marble.

Consider ceramic tiles or laminate flooring in place of hardwood timber.

Keep your expensive materials for small areas where you’re looking to make a statement.

 

REFURBISH & RE-USE

Renovations don’t have to mean out with the old, in with the new.

Before you arrange a council pick-up, see if you can refurbish anything.

If you’re upgrading from flat-packed furniture, the standard melamine wood it’s made from is particularly versatile – it can be used to make some shelves or storage units.

Reupholster chairs, sofas and cushions for a fresh feel or turn an unused side-table into an ottoman.

If you’re lacking in the DIY department, hang on to old wares in case your tradie can use it for one of your jobs and save you a materials charge

 

DON’T MOVE PLUMBING

If you’re planning a bathroom renovation, make a major saving simply by sticking with your original plumbing points.

You can upgrade everything, but the key is to keep all of your facilities in the same place because moving them is expensive and timely.

The same applies to your kitchen and laundry plumbing points, too.

Speak with a qualified plumber who will be able to advise you on how to make the most of your current layout.

 

MIX ’N’ MATCH

Keep costs down by mixing new or high-end goods with cheaper or second-hand finds.

You can often save on furniture, appliances and whitegoods.

Ask stores about their floor stock and factory seconds; they often have small dents or markings, which can easily be hidden, and a big marked-down price.

Also check to see if any second-hand furniture services operate in your area and, if you’re painting, check out the mis-tints first. They’re always cheaper than chart colours.

 

MAKE COSMETIC FIXES

If you’re on a budget, don’t attempt to do everything. Focus on cosmetic fixes. They’re quick, cheap and easy. Plus, they’re often the things that catch people’s eye so they’ll make a big impact.

If you can’t afford to re-do your whole bathroom, change the shower screen and taps instead.

If you’re looking to re-work your lounge or bedroom on a budget, start with the curtains and cushions.

Small fixes, big wins.

 

THINK LONG-TERM

Saving on the spot is great, but a good renovation keeps in mind how much you save in the long-run, too.

But how? Make energy-efficient choices during your renovation.

You don’t need to spend thousands on solar panels, but invest in good quality insulation, LED lights and even rainwater tanks to save down the track.

If you’re doing structural renos, make the most of raw energy (natural light and heat) when you’re planning and placing windows for long-term savings.

SHARE

Leave a Reply

Your email address will not be published. Required fields are marked *