- 🏠 Maintain Existing Infrastructure: Keeping as much of the infrastructure as possible can greatly reduce costs.
- 🚽 Leave Plumbing and Outlets: Avoid relocating plumbing and electrical outlets to save on expenses.
- ♻️ Repurpose Materials: Reusing doors, windows, and furniture can help cut costs significantly.
- 🛠️ Layout Changes: Consider splurging on changing the layout to better utilize space.
- 🍽️ Focus on the Kitchen and Living Room: These central areas are worth spending more money on.
- 🛏️ Invest in the Primary Bedroom: Enhance comfort with thoughtful upgrades like wallpaper and additional windows.
Renovating your home is a significant undertaking that requires thoughtful planning to balance your budget and design aspirations. The good news is that expert designers have shared valuable strategies to help you save money while achieving a stylish and functional home. In this blog post, we’ll explore six smart tips for renovating your home on a budget.
1. Maintain Existing Infrastructure
One of the most effective ways to save money during a home renovation is to maintain as much of the existing infrastructure as possible. This means making the most of the current layout and structural elements of your home.
Benefits
- Significant cost savings
- Avoids extensive structural work
- Reduces the need for specialized trades
Expert Insight
Laura Harris, a registered interior designer, advises purchasing homes with most of your desired key infrastructure items already in place. “It’s a lot more expensive to add a bedroom and bathroom by increasing the overall footprint of the home than to work within the existing footprint,” says Harris.
2. Leave Plumbing and Outlets In Place
When considering renovations, moving plumbing and electrical outlets can quickly escalate costs. Keeping them in their current locations can save you both time and money.
Benefits
- Reduced costs for plumbers and electricians
- Simplifies the renovation process
- Minimizes disruption to the home’s layout
Expert Insight
Harris emphasizes the importance of leaving plumbing fixtures like sinks and toilets where they are. “It’s one of the best things you can do for your budget,” she says. “Minimizing changes to the locations of fixtures will help cut the cost.”
3. Repurpose Materials
Repurposing materials is not only budget-friendly but also environmentally sustainable. Reusing doors, windows, and furniture can significantly cut renovation costs.
Benefits
- Cost-effective
- Reduces waste and promotes sustainability
- Adds unique character to your home
Expert Insight
Mackin Thompson, principal designer at Mackin Thompson Interiors, believes in the value of repurposing. “Some of my favorite sofas are old baker sofas that I’ve recovered,” says Thompson. “You can make it more your own than buying a new sofa and spending a lot on it.”
4. Splurge on Key Layout Changes
While it’s essential to save where you can, certain layout changes are worth the investment. Opening up spaces by removing walls can enhance the functionality and flow of your home.
Benefits
- Improved room utilization
- Enhanced open-concept living
- Potential to increase property value
Expert Insight
“A splurge can be taking down a wall to better utilize the space,” says Thompson. “You can always hold back on some interior selections in order to get the layout and flow of the room right.”
5. Focus on the Kitchen and Living Room
The kitchen and living room are often referred to as the heart of the home. Investing in these areas can make a significant impact on your home’s overall appeal and functionality.
Benefits
- Central hubs for family and guests
- Can significantly boost home value
- Offers high return on investment
Expert Insight
“Splurge in the main hub of your home, the kitchen and the living room, then hold back in other areas like the bathroom,” suggests Thompson. Using quality finishes and fixtures in these spaces can create a visually appealing and functional environment.
6. Invest in the Primary Bedroom
Your primary bedroom should be a sanctuary, a comfortable retreat from the hustle and bustle of daily life. Investing in this space can enhance your well-being and enjoyment of your home.
Benefits
- Enhanced comfort and relaxation
- Personalized design and decor
- Adds to the home’s overall aesthetic
Expert Insight
“I think that splurging in your primary bedroom is worth it,” says Thompson. “As a couple, it is your sanctuary, and it should feel that way.” Consider upgrades like wallpaper, additional windows, or built-ins to create a serene atmosphere.
Conclusion
Renovating your home on a budget doesn’t mean you have to compromise on style or quality. By maintaining existing infrastructure, repurposing materials, and strategically splurging on key areas, you can achieve a beautiful and functional home without overspending. Follow these expert tips to make your renovation journey a success, and transform your home into the space you’ve always dreamed of.
