If you have some remodeling in mind, whether the whole house or one or two rooms, you should start by planning carefully. You are probably no stranger to budgets. They are something you deal with every month when the bills come in. Managing an affordable home renovation Houston TX neighbors will envy is not all that different.
Creating a spreadsheet is a good way to start your project. Hopefully you already know how much money you have to spend on the remodel. With that in mind, you can put down everything you want to change and add on the first row of the spreadsheet.
You need to call contractors to get real costs for labor and materials in order to have verified numbers to plug in. You should add in sales taxes and a percentage of your total budget for unplanned expenses. Once you get the numbers down, you have to be prepared to stick to them.
Unless your plan is to sell the house after the remodeling is finished, experts say you need to use cash to pay for your project. Getting a loan makes sense if you can add that amount onto the sale price, but homeowners planning to stay in their homes will not only have another monthly payment to make, but will be paying interest as well. It is a better idea to wait until you have enough cash before starting the remodel.
You'll save money by doing as much of the work as possible yourself. It you're handy with a hammer and nails you may not be intimidated by laying tile or putting up drywall yourself. Homeowners who aren't so sure of their abilities can do some things that will reduce the cost of labor. Breaking up old tile and removing it is something almost anyone can do.
Reuse and repurpose where you can to save money. Instead of replacing all the cabinets, you should look at them and see if some fresh paint and new hardware will suffice. You could even keep the frames and replace just the doors and drawers. Using salvaged materials can be a good option if reusing the old is out of the question.
Check out the sales if you plan to buy big ticket items. Electronics and appliances always go one sale the same time every year. If it's possible you should try to wait and buy these kinds of items then. You might take a look at scratch and dent specials or floor models. Sometimes it's possible to negotiate lower than advertised prices. Picking up items yourself instead of scheduling a delivery might save a little money.
Don't be afraid to enlist your friends and family to help. You might be surprised how many people are willing to help you on the weekends or one night during the week if you ask the right way. You will probably need to have plenty of pizza and beer on hand to entice them, but the money you save by not hiring contractors will more than make up for it.
Creating a spreadsheet is a good way to start your project. Hopefully you already know how much money you have to spend on the remodel. With that in mind, you can put down everything you want to change and add on the first row of the spreadsheet.
You need to call contractors to get real costs for labor and materials in order to have verified numbers to plug in. You should add in sales taxes and a percentage of your total budget for unplanned expenses. Once you get the numbers down, you have to be prepared to stick to them.
Unless your plan is to sell the house after the remodeling is finished, experts say you need to use cash to pay for your project. Getting a loan makes sense if you can add that amount onto the sale price, but homeowners planning to stay in their homes will not only have another monthly payment to make, but will be paying interest as well. It is a better idea to wait until you have enough cash before starting the remodel.
You'll save money by doing as much of the work as possible yourself. It you're handy with a hammer and nails you may not be intimidated by laying tile or putting up drywall yourself. Homeowners who aren't so sure of their abilities can do some things that will reduce the cost of labor. Breaking up old tile and removing it is something almost anyone can do.
Reuse and repurpose where you can to save money. Instead of replacing all the cabinets, you should look at them and see if some fresh paint and new hardware will suffice. You could even keep the frames and replace just the doors and drawers. Using salvaged materials can be a good option if reusing the old is out of the question.
Check out the sales if you plan to buy big ticket items. Electronics and appliances always go one sale the same time every year. If it's possible you should try to wait and buy these kinds of items then. You might take a look at scratch and dent specials or floor models. Sometimes it's possible to negotiate lower than advertised prices. Picking up items yourself instead of scheduling a delivery might save a little money.
Don't be afraid to enlist your friends and family to help. You might be surprised how many people are willing to help you on the weekends or one night during the week if you ask the right way. You will probably need to have plenty of pizza and beer on hand to entice them, but the money you save by not hiring contractors will more than make up for it.
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