Home Remodel Tips: 19 Ways to Keep Costs Down - This Old House

If you are like most Americans, being stuck in their houses during the COVID-19 pandemic has given them a couple of ideas about remodeling their properties. Maybe property owners need proper home offices, or it is finally time to remodel that kitchen from the early 70s. 

No matter what people’s projects are or how they finance those, homeowners may find themselves spending tons of money compared to what they budgeted for if they are not careful. The price of construction materials has gone up during the COVID-19 pandemic; even after the recent decline, materials are still about twice as high as their price pre-pandemic. 

What we are seeing now is just tons of havoc in supply chains. So that has created more shortages. From border closures to lockdowns to plant shutdowns, disruptions caused by the virus at the height of the COVID-19 pandemic had adverse effects that are still being experienced and felt now. But there are still ways people can save on home remodeling costs if they are willing to get inventive or creative. Here is what the experts suggest people should think about before going into their next project.

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Start with a good design

The most significant opportunity to save money is in the planning stage. Property owners usually make the mistake of planning home improvement projects without thinking about the labor and materials involved. One of the most extensive areas where individuals lose funds on these things is in poorly planned projects. 

It is very important to take a step back and assess the renovation. People need to make sure that the materials they need are affordable and readily available at their local hardware store before they start the demolition process. Otherwise, people may be stuck struggling for contractors or items that are more expensive because of expedited service fees. 

People can also tweak their designs to make them less expensive. Opting to preserve the original structural components and framework of the room, known as the footprint, can save people a lot of money compared to demolishing built-ins and altering their load-bearing walls. 

If individuals go outside their existing footprint and add more features, they are going to have all types of costs. Also, think about keeping designs pretty simple. For instance, in bathrooms, leaving plumbing systems intact or reducing the number of floor tiles people are using can minimize the cost of renovation projects.

Recycle and repurpose

Everyone has all grown up with the motto: Recycle, Reuse, and Reduce. It can be applied to housing renovations too. Building stores sell materials and products that are in their second life at huge discounts. People can also check and see if there are repurpose or recycle stores in their area; these stores sell repurposed construction materials – even entire kitchens at very low prices. People can find good and unique pieces that not everyone is going to have. 

Of course, they may have to do some searching and digging. Individuals can also consider keeping some of the construction materials that are already in their house. For instance, homeowners could have them expanded or refinished by patching in new items instead of replacing hardwood floors. They are going to save tons of money instead of replacing it.

Look for big-box discounts

While these things might not be an excellent source of the wood itself, big-box shops like Costco are increasing the quantity and quality of building materials they are selling. It can be an excellent way to save on other parts of the renovation projects. 

For example, Kohl’s faucet and sink set might cost three hundred dollars at Costco, but its price would triple at plumbing stores. There are tons of value in these stores. This technique can also apply to home appliances. Consider floor models, closeout sales, or scratch-and-dent deals to save funds on these purchases.

Homeowners can sell what they no longer need

The temptation is there to start off the renovation with sledgehammers: Smash old cabinets, knock down walls, and remove it, all the way to the dumpster. But before doing that, property owners should ask themselves if any of these things have resale value. Reselling old home materials could be a good source of income to offset the heightened cost of new construction supplies. Contractors likely will not resell any of these things for the homeowners. 

But they have the window of opportunity to sell things uten sikkerhet (without securities) before any real construction, or demolition work starts. If the homeowner is not sure what to do with old fixtures or materials, they can try listing them on online platforms. Worst case scenario: Nobody will buy it, and they can donate it or throw it away, but it is worth a try.

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Work with remodeling professionals

Designing and executing renovations by yourself to save money can sometimes be a good and smart move, but the professionals were it might also have hidden charges. It is especially true with wood or lumber. Remodeling professionals and contractors have easy access to products that average consumers do not have. 

Prices of wood and lumber are what they are. Working with remodelers, they can get discounts at wood shops and lumberyards. Experts suggested that homeowners start with NARI or the National Association of the Remodeling Industry as a good source for finding and hiring reputable and qualified professionals. 

There are tons of benefits to working with a reputable professional. They can work with property owners to know and understand the goals of their projects and suggest various types of construction materials that best fit their budget. Property owners need to keep in mind that, no matter what they do, they might still run into delays, price increases, and supply shortages; that is the reality of renovating during the COVID-19 pandemic. It has created a challenging time for individuals looking to do it themselves, as well as for industry professionals and experts.

These types of projects are very time-consuming and can cost property owners a lot of money, not to mention the stress and pressure of the construction process. That is why it is best to take advantage of these things that can help alleviate the pressure of remodeling a house. 

We all know prices are pretty high today because of the COVID-19 pandemic, and people are wary of the virus, especially if you are letting other people inside your house for construction works. Safety is people’s utmost concern in this kind of situation, but having a nice and functional kitchen, bedroom, or bathroom while on lockdown can help ease some of the boredom brought upon by this pandemic. 

Home renovations are one way to increase the value of a house in case property owners decide to sell it. It is best to make sure that everything is in the right order before starting the demolition and repair to minimize cost and make sure that the renovation will bring money in the long run instead of regretting everything when the time comes.

Homeowners can ask the help of professionals or experts before deciding. Construction materials stores can also help when it comes to material prices and the aesthetics of the house. In these challenging times, money is very important. That is why people should make sure every dollar they spend is not wasted on unnecessary home improvements.