Renovating your home is exciting, but it gets pricey fast. Whether you’re sprucing up a single room or giving your whole house a makeover, the costs can feel overwhelming. The good news? You don’t have to break the bank to create a space you love. With a little planning and some smart choices, you can save money when renovating. Here are some approachable tips to help you stretch your renovation budget.
Start with a Realistic Budget to Save Money When Renovating
Before you start picking out paint colors or dreaming about new countertops, take a step back and figure out how much you can realistically spend. Be honest with yourself about what you can afford, and don’t forget to set aside a little extra for unexpected surprises (because there’s always something!). Having a clear budget in mind will help you stay on track and avoid overspending.
Focus on What Matters Most
You don’t have to do everything at once. Think about which projects will make the biggest difference in your day-to-day life. Maybe your bathroom is driving you crazy, or your kitchen feels stuck in the 90s. Tackle those areas first and save the less urgent updates for later. By focusing on what matters, you can make the most of your money and avoid spreading yourself too thin.
DIY to Save Money When Renovating
Labor costs can take a huge bite out of your budget, so if you’re up for it, consider doing some of the work yourself. Painting, installing shelves, or even laying down new flooring are all projects that many homeowners can handle with a little patience and a YouTube tutorial or two. Just know your limits—some jobs, like electrical or plumbing work, are better left to the pros to avoid costly mistakes.
Hunt for Deals and Secondhand Finds
You don’t always need brand-new materials to get great results. Keep an eye out for sales, clearance items, or even gently used fixtures and furniture at thrift stores, salvage yards, or online marketplaces. Sometimes, a little creativity can turn a secondhand find into a standout feature in your home. Plus, it’s a great way to add character and save money at the same time.
Work with What You’ve Got
Before buying new stuff, look around your home and see what you can reuse or repurpose. That old dresser? Maybe it just needs a fresh coat of paint to look brand new. Those leftover tiles from a past project? They could make a great backsplash. Getting creative with what you already have can save you cash and give your home a unique, personal touch.
Shop Around for Contractors to Save Money When Renovating
If you’re hiring professionals for part of the job, don’t just go with the first quote you get. Reach out to a few different contractors and compare their prices and services. Be upfront about your budget and what you’re looking for, and don’t be afraid to ask questions. A little extra effort can lead to big savings.
Stick to the Plan
Changing your mind mid-project is one of the easiest ways to blow your budget. Every tweak or new idea can mean more materials, labor, and time—all of which add up. Try to nail down your plans before you start, and do your best to stick to them. Trust me, your wallet will thank you.
Small Changes, Big Impact
Sometimes, the little things make the biggest difference. Instead of a full kitchen remodel, consider painting the cabinets or swapping out the hardware. Update old light fixtures, throw on a fresh coat of paint, or add some new curtains. These small, affordable updates can give your home a whole new vibe without costing a fortune.
Renovating on a budget doesn’t mean cutting corners or settling for less. With some creativity, smart shopping, and willingness to get your hands dirty, you can create a fresh and functional space—without emptying your bank account.
AWP Home Inspections offers home inspection services to homebuyers and sellers in West Central and Central Indiana. Contact us to request an appointment.