San Lorenzo, CA - How to Stay on Budget During a Whole-House Remodel & Renovation

When engaging in a major renovation like a full home remodel, it’s easy to accidentally go over budget. While some budget changes may be inevitable and even necessary, other budget increases are nonessential.

Here’s your guide to ensuring you stick within budget when doing a complete home renovation or remodeling project.

Budget Each Room Separately

While the entire budget must be considered, it also matters to break up the budget per room or section of your home. This way, you can see where the budget may need to be adjusted.

It’s not uncommon for homeowners to sink much of the budget into one or two rooms while neglecting putting money into other parts of the home. Trimming down the budget on some rooms while adding more to the budget of other rooms can not only help you save much but ensure a more equal and balanced distribution when remodeling.

Decide What You Could Do Without

Sometimes you have to face tough decisions when renovating your home. When the budget is way over, or you have tight finances requiring you not to go a penny over budget, you might have to simplify your remodel.

Think: what part of your renovation isn’t necessary or could even be easily done later? Maybe you can hold off on a fresh coat of paint, reface your cabinets instead of replacing them, or go with a lower end yet still stylish flooring or kitchen counter material. You may even say, “Forget the new light fixtures,” altogether.

Consider Cost-Saving Alternatives

We like what we like, but sometimes it isn’t always the most financially-sound choice. Fortunately, there are typically many alternatives to the things you like to help you stay on budget during your renovation.

Cost-saving alternatives might mean using reclaimed materials, picking a discounted flooring option over a premium one, purchasing used furniture or décor items, or even doing some of the remodel work yourself.

Renovate in Phases

Some homeowners get overwhelmed with a whole-house remodel or renovation. When stress and overwhelmed, it’s easy to accidentally overspend. A clear head, on the other hand, can allow you to thoroughly think the budget through and strategically plan your remodel to fit your fiscal outline.

With this all said, some homeowners may find it better to renovate their home in phases. They may choose to do one room at a time, just so they can see where the budget remains. Spacing out remodeling tasks can also help homeowners accumulate more money in the process, which can be useful in the case of accidental overspending.

Hire a Remodeling Company to Help

Electing the help of a remodeling company doesn’t just ensure your remodel or renovation gets finished properly and on time, but they can also help you with the budgeting process.

At Build BLVD, we want to help you achieve the renovation or remodel you’ve always wanted, all without putting you in a financial bind. We understand how exciting yet stressful this process can be for you. We’ll help plan, budget, and carry out the project, giving you peace of mind.

Contact our team today to get started on a whole-house remodel or renovation.