Whether you’re selling your house or just want an upgrade, home renovations can be costly. There are a lot of projects out there that, with some internet research, can be done yourself. Here are some ways to save money on your home renovation.
Shop garage sales or Craigslist
Sometimes you can find used tools or even unused flooring on Craigslist. Builders, and homeowners like you, will sometimes have leftover material from jobs that they need to get rid of at a fraction of the cost. If you’re into antiques, garage sales are a great way to find those antique items. One person’s trash is another person’s treasure.
Don’t like that dresser you have had for years anymore? You could re-purpose it into a kitchen island or storage for a different room. Don’t discount the furniture or features your home already has. A new coat of paint, even on outdated cabinets, can make them feel new again. Pinterest will be your new best friend during this process.
You will be amazed what you can find on the clearance racks. Head to your local hardware store or Home Depot and check out their clearance. You can find light fixtures, tile, rugs and several other home renovation needs in the clearance section.
Think: Is this a good investment?
Remodeling Magazine’s Cost vs. Value report shows the average cost of certain remodels and the average resale value. Depending on where you live, the resale value may be much less than the money put into the remodel.
Don’t move your appliances or plumbing
Moving appliances or plumbing can be one of the biggest costs of a remodel. Focus on fixing up what’s around the appliances. Keep your appliances where they are when drawing up your layout. This could save you thousands.
Check out your local Habitat for Humanity or ReStore. They accept donations of old home items and will pick up larger items at no cost. You can get a tax deduction for donating and feel good that you won’t be filling up a landfill with your trash. You can shop ReStore’s donation center and find discounted items for your home’s new look.
The biggest piece of advice when renovating: Always plan ahead. Know what the costs will be early on and plan your shopping accordingly. With these tips, you could potentially save thousands. If you’re looking to sell your newly renovated home near Lansing, MI, CB-HB‘s real estate agents can help give your home a competitive edge.