Getting the Most from Your Home Improvement Budget

When it comes to improving the look and value of your home there are so many projects that will add value to your home and the cost of them can vary a great deal.  If you don’t have an unlimited budget then you need to get the best bang for your buck.  Getting the most from your home improvement budget doesn’t necessarily mean scaling back but it does mean you need to plan carefully.  Let’s look at how to make the most of those home improvement dollars.

What is the condition of your home?

You need to take a long hard look at the condition of your home and figure out what needs to be fixed immediately, what can wait and what is a luxury.  Walk through your home and take note of absolutely everything.  Here are some tips to help you choose the right projects.

Get some inspiration

Now that you have your list now you need to figure out what you want your home to look like when you’re done.  You can look through interior design magazines, there is a tool that both Lowe’s and Home Depot have that can show you what you’re rooms will look like, you only need to input the measurement.  It can also estimate the costs.  Which brings us to the next point.

Define Your budget

Planning and sticking your budget is crucial, small budgets don’t mean you can’t do renovations.  You may have to put in some sweat equity to get the job done but you can still have a beautiful home.

Get some help

Ideally you should have a contractor doing the work for you but if you have to do it yourself then you want to get some help.  Ask any friends and family who are handy with power tools if they can lend a hand.  The faster you get your renovations done the better.

Get your permits in order

Check with the municipality to see what permits you will need, if you are working with a contractor then they should either take care of that for you or be able to help you getting the right permits.

Be flexible

Be flexible when it comes to deadlines, you might want to get the project completed within a certain period of time but that may not happen.  The same thing goes for the budget as well, leave yourself a cushion of time and money in case something goes wrong.  When you start tearing walls down or making changes you can easily run into unseen problems.  You have to prepare for the unexpected.

Leave a Reply