Millions of homeowners across the country have undertaken a home remodeling project at one point or another. Studies by the Home Remodeling Magazine report that over 50% of homeowners renovate their residences every 3 to 5 years. Another report by Ruby Home Real Estate reported that the home improvement industry experiences a 4.4% growth rate annually. The versatility of this market provides a wide range of options to its consumers. When working with limited finances, allocating your funds appropriately is crucial to your chances of success.
Some effective strategies you can implement when looking to remodel your home on a budget include:
Focus on One Space
Identifying sections that are in dire need of attention and focusing your efforts on those particular areas can be an effective means of mitigating your budget. Targeting highly functional rooms such as the kitchen and bathroom is a recommendable strategy when looking to enhance the potential resale value of your home. Many buyers tend to gauge the state of a home via these two rooms. A functioning kitchen and bathroom are non-negotiable elements in the housing market. Hiring Framingham MA Remodeling Contractors is advisable when looking to ensure quality with your results. Taking up a project as a DIY might seem like the cheaper option at first glance, but any mistakes will come out of your pocket – and there’s no guarantee that you’ll get it right the first time.
Mixing and Matching your Materials
Diversifying the materials you implement with your remodeling is another great way of not going overboard with your budget. Combining quality with functional needs is recommended when choosing different products for your renovation. This means integrating high-quality materials for elements that are highly essential to the functionality of the house, and maintaining average standards when dealing with superfluous aspects. You can implement porcelain with a bathroom tile installation project, for instance, and integrate ceramic when tiling other parts of the houses. This is because porcelain offers higher waterproof levels when compared to ceramic, making them ideal for wet areas. It’s essential to never go below the average industry standard when choosing materials for your project.
Target Wholesale Suppliers
Retail providers are likely to mark up the prices of their products as a means of covering their expenses. If you’re looking to get quality materials at more affordable rates, going straight to the source can be an advisable strategy. Numerous wholesale suppliers are willing to sell to individual buyers, but not many people consider this option when browsing the market. If you’re not sure about what you should be looking for, asking your Framingham MA Remodeling Contractors for a list of what you need and passing it on to the supplier can be a good way to ensure you don’t make any mistakes with your purchase.
It’s essential to always opt for standard quality levels with your products, and avoid the temptation of solely focusing on the price range. The cheapest option is hardly ever a suitable option. For high-quality remodeling solutions at cost-effective rates, call us today! Exponential construction, your preferred contractor!
