The following post is a guest post by Jennifer! Enjoy and happy remodeling!
Whether you’ve recently purchased a home or you’ve been living in it for years, you want it to be a space that is not only functional for your family, but also reflects your sophisticated style and flair for fashion, all while ensuring a rapid turnaround when you’re prepared to sell. But remodeling your home can be a dicey proposition in times of recession. Not only do tight budgets make upgrades hard to justify, but loans and equity lines are harder to secure. Luckily, there are several strategies you can implement to make sure your home remodel fits a budget and delivers the best return on investment.
1. Chose wisely. It’s tempting to remake every room, but you’re better off focusing on the essentials. Kitchens and bathrooms can be expensive, but they’re also the best bet to ensure you get see a return at the time of sale. However, if you have any glaring problems (like water stains on the ceiling) or out-of-place extras (like disco-era wallpaper or a stainless-steel counter top in a cottage-style home), deal with them first.
2. Keep what works. You may hate the look of your cabinets, but if they are soundly constructed and meet your spatial needs, give them a cheap facelift with the coat of paint or some new veneers to save hundreds of dollars on custom cabinets.
3. Go green. Recycled and reclaimed products (like flooring, cabinets, sinks, and tile) can be purchased for a fraction of the cost, so keep them in use and out of the landfill.
4. A little hardware goes a long way. If your house came equipped with copper fittings and the look you crave for your faucets and drawer pulls is brushed nickel, you don’t necessarily have to toss the old ones and start from scratch. For some items, you can try spray-paint made specifically for use on metal. Otherwise, consider a swap. Take your older items (if the condition is good) to a local swap meet or thrift market and see if you can find something you like better, and then sell or donate your current hardware.
5. Design on a dime. Any fashion you see in a magazine has a cheap counterpart somewhere in the world, so before you buy a designer brand, look at discount stores and shop around online. You may even find the exact piece you’re lusting after for less by checking sites like Craig’s List or eBay.
A little common sense can go a long way towards cutting your home remodeling costs, so shop sales, do comparisons, and take time to find the right materials at a better cost. And don’t be afraid to request price-matching or haggle to get the price you want. After all, it is a vendor’s job to get the maximum amount of profit while you are solely responsible for sticking to your bottom line. It is possible to create your dream home for a lot less cash, and capitalize on your resourcefulness when it comes time to sell, if you follow these simple steps for frugal home remodeling.
Jennifer Kardish is a communications coordinator at Cheap Kitchen Cabinets. You can check out their free design tips for your kitchen and home.