Whether you are renovating a house for sale or living in it, it’s easy to get carried away and spend more than you expected. To prevent it from happening, use the 10 tips for decreasing renovation costs.

1. Plan Ahead

It’s less likely to go over the top if you have your expenses planned and stick to them. Try to focus on important works and put away minor changes until you have dealt with the serious stuff. This will help you not exceed the funds allocated for renovation.

2. Find a Good Contractor

A choice of renovation company defines all the future work. Working with unreliable contractors results in redoing, delays, and additional expenses. You can search for the best local repair contractors on dedicated websites like HomeQuote to see estimated prices and reviews.

3. Limit Your Expenses

This is especially important if you are renovating for sale. A good practice is to determine a percentage every room accounts for in the overall value of the house and, thus, define a reasonable budget for every separate room.

4. Have a Choice of Contractors

Don’t go for the first contractor you meet. Get three or four bids for your project so you can create a competition and choose the best one. In communication, pay attention to details, such as punctuality, confidence, and personal traits of the company representative.

5. Use Different Materials

Not all rooms require top-quality materials, which opens the room for saving. Make a hardwood floor in the living room and bedroom but go for vinyl or tiles in the hallway and pantry. This can help you release more money for additional features as well.

6. Do What You Can on Your Own

You don’t need professionals for some easy tasks like painting walls or removing the old carpeting. The more skills you have — the bigger the possibilities to save on the contractor’s services.

7. Locate Hidden Issues

An old house always has a few secrets, and the more you find before getting to work — the better. Finding a hidden issue at the later work stages can make you redo a lot of expensive work. Unfortunately, some issues will always surface, and there is little you can do about it. So, reserve about 10% of the initial renovation budget for dealing with such inconveniences.

8. Don’t Hesitate to Speak Up

It’s your duty to find opportunities to save money, so communicate with your contractor frequently and try to find ways for it together. If you just let the process lose, the workers will likely choose a simple solution over a cost-effective one.

9. Use Second-hand Materials

Using discarded materials can save you tons of money if you know where to find them. Try asking your contractor if it’s possible to salvage some on their other projects. Alternatively, you can look for specialized companies that find and sell secondary building materials.

10. Sell the Excess

The secondary market works both ways. If after dismantling a room, you have furniture and materials that you don’t need in fine condition, try selling them to fund your project.

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