Remodeling or building a home is expensive–there’s no way around that. If you want things done well, you have to spend money for a quality product. However, that doesn’t mean that you can’t be budget-conscious and look for ways to save without compromising quality. To help homeowners figure out where it’s safe to cut financial corners, and where you should just absorb the cost, we asked our home industry experts for their advice. Here are some of their top comments, and some advice that can help you save money without cutting too many corners.
How can remodeling homeowners cut costs without cutting corners?
Where do you most often find wiggle room in your clients’ budgets?
Are there any projects that you consistently see homeowners paying too much for?
What projects can be safely done at cut-rate prices, and which should never be compromised on?
During a home remodel, there are certain areas where making changes will really affect the cost. With a bathroom or kitchen remodeling project, for instance, sticking with the existing layout is one way to reduce costs where changes may not be 100% necessary. Moving the location of a sink or a toilet requires a great deal of plumbing work, and prices will reflect that. read more
The best place to start is planning. A well planned project saves everyone time. Start with the basics. Who needs what, when, where, and for how long? ... By far, the worse time waster is indecision. There is nothing worse than paying skilled people to stand around waiting on a small decision, but I see it all the time. read more
Interior designers...can also, depending upon the designer, provide incredible discounts on items for the home.
At times, clients have called me when it’s “too late” and they’ve already purchased kitchen cabinetry, flooring, tile and other permanent fixtures. If they had hired me to shop with them, they could have saved thousands and in many cases, tens of thousands, which leaves a nice budget for furniture, window treatments and accessories. read more
If there is one area where we recommend buyers do not cut corners, it is building the structure of the home. Even with smaller budgets, it is important to invest in quality roofing and structural materials. By avoiding constant and costly repairs, this investment will undoubtedly pay off in the long run. read more
Buy as much as you can on sale, with discount coupons, etc. Many materials–brick, stone, lumber, etc. can be salvaged or bought from salvage companies and are often better than what is available new or as new synthetics. Frankly, many building materials, cabinets, architectural details, etc. are just thrown away or hauled to a dump when demolition or remodeling projects are being done. Always ask first, but often contractors are glad to let you haul stuff off. read more