10 Ways to Save Money in Your Next Home Remodeling Project

The whole goal of remodeling a home is to add value, not to lose money in doing so. In many cases, be it bad luck, poor planning, or unpreparedness, some home remodels can end up costing more than expected.

 

The whole goal of remodeling a home is to add value, not to lose money in doing so. In many cases, be it bad luck, poor planning, or unpreparedness, some home remodels can end up costing more than expected. More often than not, DIY homeowners will take their renovations into their own hands, and have to deal with the consequences of overspending or unprofessional work that falls short. Do not let this happen to you.

Go with a pro! Professional contractors will always recommend the right tools, equipment, and materials for the job and often offer great deals for renovations. Well, at least the reputable ones do… 

At Eakman Construction, we care for every home remodeling job as if it was our own home. Our devotion and genuine care for our clients has garnered the Best of Houzz Service Award for three years running now. We want you to be prepared for your remodel, which is why we’ve created a list of ten ways to save money during your next home remodeling project. Let’s get started!

1.Set a Budget & Stick to it

Going over budget doesn’t just hurt your wallet, it hurts the project of remodeling a home entirely. You may find you’ve purchased materials or equipment that you don’t need, which can stall the remodeling process. More expensive materials also means more intricate labor processes, which come with a heftier price tag. Be sure to set a budget, and don’t deviate from what you’ve set aside to invest in your home remodeling project.

2.Have a Plan

You should always lay out a plan. You’ll need to be clear on what you want to add, remove, or change. Knowing ahead of time what kind of renovations you’ll be making will save you time, money, and an unwanted headache. Map out your plan, it’ll serve as the structure of the remodeling process and serve you well through the process of remodeling a house.

3.Consider the Value

You’ll want to consider how this project will add value to your home. Remodeling a house is an investment and, when done correctly, should warrant a higher asking price when you go to sell. Always consider how your renovations will make your home a more valuable asset.

4.Ignore Trends

Trends come and go, so stick with what you know. Any reputable and experienced contractor will guide you through the remodeling process and let you know what will benefit your type of home in terms of value. What’s trending now may not be trending later, so consider your household and what additions are most suitable for it.

5.Weigh Your Upgrades

Some upgrades are more sensible than others, depending on the house. Some rooms offer more value than others. You may want a granite countertop and modern splashback in your kitchen, but do you really need one for your guest bathroom? Always weigh the profitability of the upgrades you make, and where they are being made.

6.Consult With Your Contractor

Consult with your contractor before the project you have in mind every single time. They have the expertise and knowledge to recognize things that you may not. After all, you’re paying them for their expertise! Most importantly, always be sure that your contractor has a good track record and is truly the right match for the home remodeling project that you have in mind.

7.Avoid Moving Plumbing or Electric

This causes more harm than good. Moving plumbing or electric components can result in faulty function, and can cost more than the renovations themselves just to move plumbing or electric elements. Always consult with your contractor before considering a project where you’ll have to move these things. This will save you time and money on expensive repairs that could arise.

8.No Left Overs

Back to Plan A… always map out what you’ll need for your home remodeling project. Extra materials and equipment that’s been left over means that you’ve left money on the table. Map out your project, stick to your budget, and consult with a vetted contractor before wasting money on things that you don’t need.

9.Have Patience

Rome wasn’t built in a day, and your renovations won’t be done in a day either in most cases. So, have patience! A job done well takes time and effort, so rejoice in your new renovations and be happy that the process is underway. Being patient is one of the most important factors of remodeling a home.

10.Do Your Research

Before the contractors, before the budget, and before the plan, be sure to do your research. This could mean researching other completed projects similar to your own, vetting a contractor, researching prices for parts and materials, etc. Never walk into a home remodel blindly. You should always come prepared. 

Ready to Get Started?

The expert contractors of Eakman Construction have been specializing in Seattle home remodels for years. Our awards are a testament to our great service and expertise, as are our customer reviews. To get started on your next home remodeling project, contact us today!