No matter how old you are, owning your own home is an achievement. The fact you get to call a house your own is exciting, and because it’s your own you can do whatever you want to it to make it look good and feel more like a home that you always dreamed of. The amount of money that you spent on a deposit, legal fees and moving into your new home is often eye-watering, but that doesn’t mean that you shouldn’t be able to upgrade where you see fit. Making stylish upgrades to the rooms in the home isn’t just about the fact that you can add profit to the cost of your house if you choose to sell it on one day, it’s about your own comfort while you live in it.
The trouble is that you’ve probably spent your cash when you moved on the things we listed earlier, so trying to renovate a house when your bank balance says no is a little harder. The good thing is that you aren’t backed into a corner, there are ways to renovate on a budget. It’s just about figuring out how creative you are and how much you can put into your home. Saving money on your renovation should be what you are aiming for, and even if you initially pay for it by checking out the reverse mortgage calculator online, you still should be looking at where you can cut corners on costs. You should always work out whether the renovations that you are planning are likely to bring you value to your property before you get started. If you’re renovating for yourself and aren’t too worried about selling your home, then you should still make a list of how you can improve and tweak here and there. Low cost doesn’t have to mean low quality, and below you’ll see three ways that you can renovate on a budget:
DIY. As much a possible, do it yourself. If there are walls to be stripped and repainted, then you need to do that yourself instead of bringing in someone to do it for you. It may take you longer to complete your project, but it’ll still be completed properly and when you decide that it should be.
Buy Reclaimed. Where you can, buy your materials and furniture and fittings second hand from places like thrift hardware stores, eBay and auction sites. It’s not always easy to restore period features, but by looking for reclaimed items, you can get the right image at a low cost.
Buy Wisely. When you choose to buy cheap paint or paper, you will end up having to buy twice and redo the entire job. Spend your cash wisely and only spend it once – this way, your renovation will cost you a lot less.
Your home is your castle, it makes sense to add a turret or two every now and then. Don’t be afraid to hunt around for bargains where you should: a home renovation should be an adventure!