Renovating Your Home On A Tight Budget: Where to Start?

home renovationMaking improvements to one’s home need not be a pricey affair. Whether you are trying to raise the aesthetic and comfort value of your home or offering it up for sale in the real estate market, there are plenty of ways to renovate or remodel your house, even on a shoestring budget.

Let’s go over a few tips on how to minimize cost as you fix, rehabilitate and upgrade your home. To begin, here’s a great list of power tools names to help you get started.

Goals to keep in mind include:

♦ Raise the market value of your house

♦ Create a more beautiful and comfortable dwelling space for family and guests

♦ Enable owners to make the most of what their home has to offer

So where do you start?

Clear and tidy up

The first order of business for any successful home renovation project is to make a good sense of the space and where everything is. The best way to do that is to clean up the place and get rid of anything that does not belong. Doing so will help you obtain a clear vision for the results that you want to achieve and spot opportunities for improvement. Prioritize small changes that yield the most significant impact on home improvement.

Considering that your home renovation budget is limited, you would want to implement small changes that offer the most value for your money. Such changes include improving lighting, new flooring or rearranging furniture and home appliances. Even something as simple as repainting the walls can brighten up indoor spaces and improve home aesthetics.

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Other subtle and inexpensive changes that you may want to consider:

♦ Swapping out parts of furniture and appliances without having to replace them entirely

♦ Investing in drawer/cabinet organizers to augment storage space instead of purchasing new ones

♦ Replacing rugs, bedsheets, and curtains

DIY what you can

To save money, you would want to do things yourself if you have the skills and tools to do so. Doing so would enable you to save on contractor fees. That said, you do need to be careful not to inadvertently cause damages that would cost you more time and money to fix. Recognize that some tasks are bigger and more complicated than others and that it is often best to stick with small minor DIY repairs.

Rent what you can

When renovating or remodeling your home, you may find that you lack specific tools to get the job done. Before buying anything, see if there is a place nearby that would allow you to rent out the tools you need such as a tool-lending library. This is no doubt a more cost-effective option especially if you only need them for a short while.

Find the Best Prices

At some point, you will find that there are certain items that you will need to buy to complete your home remodeling project. For example, you may have to replace an old toilet and other fixtures to fully renovate an old bathroom. In any case, there is no reason to go for whatever is available.  We highly recommend you do your research to find the best toilets and best bathtubs.

The cost of household goods and renovation supplies can vary from one source to another so don’t neglect to compare prices of multiple stores and see which one offers the best price. Browse the Sale and Clearance section of online furniture stores. If you’re lucky, you may find that another store has the items you need on sale which is always a good thing.

So there you have it — some ideas and tips on how to do a home renovation project on a limited budget. As you have probably realized, it is not that difficult or impossible to pull off. All it needs is some creativity and a bit of practical sense.

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