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Saturday, February 27, 2021

Thrifty Thinking: Tips to Renovate Your Home on a Budget





Everyone wants their home to be a perfectly safe space to come home to at the end of the day. Your home should be a place you want to spend time and enjoy being in, which often includes modern features and comforts. However, not all homes are in the best or most pristine shape, and renovations can be expensive. Most people picture spending tens of thousands of dollars on home renovations, but there are other ways to update your home without taking out a loan or a second mortgage. While a full-blown renovation is the typical dream, it is not always the most practical idea, and there are still ways to make your home more personalized and comfortable without breaking the bank. No matter how big or small your budget is, there are various ways to update your home so you can work towards crafting your perfect home using a more reasonable timeline. Below are just a few ways and ideas to get you started on renovating your home on a budget. Embrace your creativity, personal tastes, and less common renovation ideas to build your home into the dream house you always pictured.
 
A Firm Budget Is Not Optional



Sadly, money is what stands in the way of many of our most extraordinary plans and wishes, but it must be respected. There is no point in blowing all your money on a home renovation if you are now behind on mortgage payments. When you are working within a budget, it is critical that you stick to your established budget. You may be able to flex and spend a little more here or there, but do not talk yourself into spending far more money than you intended. The fun rush of buying fancy new things will come crashing down once the bill is due and you realize how far over the budget you went. It is not worth spending more money than you can comfortably handle, so set a budget with a little room to flex and stick to it or risk the consequences of overspending. If you can’t make a mental budget, there are plenty of apps that can help you track your spending.
 
The Unseen Upgrades
Most people think about redoing a black splash or buying new furniture when they imagine renovating their home, but many unseen upgrades go a long way towards making your house more comfortable. Buying a new propane water heater is not the most attractive or conventional home renovation, but you will appreciate the fix when you go to take a long hot shower. Replacing your old HVAC unit is expensive, and the units can only be so attractive, but you will appreciate the renovation in the summertime when an older AC unit would be unable to keep up. Consider what your home needs and what upgrades will make your home more comfortable instead of what will make it more visually appealing.
 
DIY To Save Money



There are a few areas of home renovation that typically cost the most. Materials and labor are generally the two most expensive items during a renovation, but there are ways to reduce those costs. If you can tackle any parts of your renovations by yourself, you should use those DIY skills to save money. Try to look for materials or items on your own in second-hand stores where normal contractors or designers may not look. Look at your planned renovations and see which tasks are easy enough that you can DIY them rather than pay for labor. Simple paint jobs, hanging shelves, and moving furniture are all things most people can handle on their own but do not get over-ambitious. If you feel uncomfortable or unsure about some renovation tasks, leave them to professionals as fixing a mistake costs more than paying someone to do it right the first time. DIY as much is safe and cost-effective as some professionals can get discounts on materials through professional connections.


Another aspect you can DIY are small changes that you don’t need professional help for anyway. Switch out your old light bulbs for energy-efficient LEDs, replace air filters, and consider adding a smart thermostat to control your home’s temperature better while saving energy.


There are an endless number of ways to upgrade or renovate your home, but not all of them require a big budget. There are plenty of ways to refresh your home without spending too much money. Make a budget and stick to it, consider unseen upgrades that make your home more comfortable, and use DIY to save money.

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