Shop around quite a bit before hiring professional help with your project. Elsie has mentioned that in order to save money, she didn’t use a general contractor initially when renovating her home. This ended up causing a lot of stress because of all of the organization involved with using different skilled workers in a project. You should check out the post she wrote about renovation mistakes, especially the parts about hiring out help. I don’t have too much experience with that aspect of home renovations, though I did hire someone to lay the stone veneer for our fireplace and also hired a crew to do some subfloor work and drywalling when I was too busy to do it myself last summer.
If you’re planning to do a lot of work yourself, be aware that there are things you should not do yourself if you aren’t licensed, such as electrical work or moving utility lines. If you are skilled enough for a job like tearing down walls and installing load-bearing beams, be sure to get a permit. This will keep you from getting into trouble, and it will also protect future inhabitants of your home.
Upgrade your standard water heater for a tankless model. Most old-fashioned water heaters keep 50 or so gallons of water hot, seven days a week, 24 hours a day, whether you use the water or not. Tankless water heaters heat only the water you need as you need it. Not only will they save you money now, but they're an eco-friendly and cost-effective update that today's homebuyers are looking for.
Only 7 percent of handymen and painters say they routinely are tipped, though 28 percent say they receive tips for service that goes above and beyond. Remodeling companies expect a tip 6 percent of the time, with 18 percent tipped for top-notch service. Half of remodeling firms say their gratuities come in the form of food and drink, gift cards or personalized gifts.
As mentioned earlier painting affects lighting and when renovating your house you might opt for a new paint. In that case if you are already on a budget purchasing different colored pallets might seem counterintuitive. If you are on a tight budget then opt for a black and white palette, it will give your house a modern sophisticated look and you will have the guarantee that you can never go wrong with white or black.
A "bright" way to increase the value of your home is to lighten up. Adequate lighting in a home makes a big difference. Not only does a bright, well-lit room feel more cheerful but it also makes spaces feel larger and cleaner. A well-lit room also shows that you have nothing to hide, so should you decide to sell, prospective buyers will feel at ease when touring your home. Hire an electrician to add recessed lights to a dim kitchen or family room or to brighten up a formal dining or living room with elegant sconces. You'll enjoy the bright effect now and your home will feel warmer and more welcoming to homebuyers.
If you have limited budget and need to keep the same footprint. Don’t worry, you can still give the impression that the space is a little bigger through the use of some tricks specifically made for that purpose. For instance, pedestal sinks are best known for making the room look more spacious, then clear glass shower doors are more preferable than the shower curtains on tubs as this would block the light and make it seem more enclosed. Likewise, you can also consider using a big mirror as an alternative to a small medicine cabinet mirror. Doing something like this could visually double the space around your vanity area.
Not every home improvement is cosmetic. Deteriorating roofs, termite infestation or outdated electrical systems — you can't fix it if you don't know it's broken. Hire an inspector to check out the areas of your home that you don't normally see. They may discover hidden problems that could negatively impact your home's value. Small problems (such as a hidden water leak) can become big, expensive problems quickly; the longer you put off repairs, the more expensive those repairs will be.
Another area not to skimp on would be windows, doors, and insulation. Our last home had no insulation in the exterior walls, which is crazy considering Northeast Ohio’s climate! Literally the day we moved in, we drilled holes in the wall between every stud and blew in insulation with a blower we rented for the weekend. It cost us a bit up front, and patching the walls was a pain, but I know we made that money back in just one Ohio winter.
A great room to update for less than $750 is the bathroom. The two rooms that benefit most from even small renovations are the kitchen and bathroom. One cost-effective change — like replacing an outdated vanity, old plumbing and lighting fixtures or adding a new tile floor — will guarantee a lot of bang for your buck and give your bath an updated, modern look.
The condition of your home's exterior is key to the overall curb appeal, so refresh that facade with a coat of paint. Fresh exterior paint will not only preserve and protect your home's exterior siding — the right paint color can make a dull home dazzling. By the same token, a house painted with an overly bright or overly bland color will make a house less appealing and hurt the value, so choose your colors wisely. Should you decide to put your house on the market and the exterior paint looks bad, a buyer will assume that the interior of the home has been neglected too and drive right past.
I like that you talked about how you must consider having a little extra for the budget in bathroom remodeling because there can be unexpected problems that can affect the cost of the project. My husband and I are interested to remodel our bathroom to give it a newer look. We’ve been talking about the factors that we should consider in setting a budget for it since we want everything planned accordingly. With that being said, I’ll make sure to consider having a little extra for the budget. Thanks!
Realtors agree that top on most homeownes' list of wants is ample storage space. For less than $5,000, consider upgrading your home's storage by adding custom shelving systems to a closet or garage. The first step to really getting organized is de-cluttering. Start by sorting your belongings, then stash them away in your new organized closet or garage to really maximize your home's value.
Obviously, this is one of the most effective ways to save money during a home renovation. If you’re thinking, “I’m not handy, so this tip’s not for me,” well, think again! You may not be able to put up drywall, or even feel comfortable laying tile, but there are some things you can do to prep your space before a crew comes, because remember you’re paying a crew per hour, regardless of how skilled or unskilled the task. If you can demo the space, clean up, prepare surfaces (like scraping off mastic on the floor and skim-coating walls), and paint, then you’re one step ahead.
However, if you’re considering a home renovation, think practically about what you can and cannot do; painting the walls of a small bathroom may be totally feasible by yourself, but painting all of the walls of a 4,000-square-foot house is likely less so. While you may think you would be saving a lot of money by doing the work yourself, if it is something unfamiliar, it might cost even more to have a professional undo and then properly complete the project.