Investment

Tips on How to Save Money When Redesigning Your Home

save money redesigning your home

Home renovation can both be exciting and costly. For one, remodeling can increase your home’s resale value. At the same time, home remodeling can give your old space a fresher look and feel to it. However, if you get too carried away over aesthetic upgrades, you might be tempted to go over budget.

That said, here are some home design ideas to help you stay within your budget and still let your remodeling project rock it:

Update your Home with a Fresh Coat of Paint

Repainting is a real budget saver and a great interior design technique because it allows you to transform the appearance and ambiance around a not-so-new home in an inexpensive way. Not only that, since paint is simple to apply, you can even do it yourself. And if you’re not too confident about your DIY skills, you can always check tutorial videos on YouTube on DIY home redesigning hacks.

You can repaint just about any room or space in your home. The same goes with your furniture. As long as it’s still in excellent condition, you should always consider repainting your furniture to give it a fresh, new look.

Rearrange Furniture Pieces

Speaking of furniture, another way to make the most out of your existing collection is through rearrangement. As much as possible, you should hold off buying a brand new couch or dresser as it can quickly add to your renovation expenses.

On the other hand, simply moving things around your home can be a great way to spruce it up. You might be surprised how a room can feel or look different using the same furniture by just switching their placement or transferring furniture from one room to another.

Display Personal Art or Photos

The walls around your home can create an inviting impression especially with some artwork hanging on them. This technique prevents your walls from looking empty or bare.

Since decorative mirrors or artsy paintings can cost a fortune, a good alternative is to hang some of your own work. Maybe you have some sketches, photos, or paintings from your personal memorabilia. Decide on the following: Are you going to follow a particular theme, or would you rather go for a mix-and-match style? You can be as creative as you want here, depending on the kind of personality you want to give your home.

Also Read: 5 Ways to Save Money On Your First Home

Get Help from Someone

Depending on the extent of home remodeling you plan to do, you can either hire a single person or look for a  that specializes in interior design.

The first option may work if you’re only doing minor renovations, where you don’t need to have walls torn down or electrical lines changed, but you still need someone to manage your home renovation. In which case, you can ask help from one of your friends who might be available to work on your renovation project on the side. Just be sure to discuss your financial considerations with whoever responds to your call.

Hire an interior design startup if your home remodeling project is of a larger scale but is still manageable to be handled by a small team. This may include a designer, builder, and project manager. Ask which of the team members is going to be your point of contact. He or she will therefore be accountable to you until the renovation work is completed.

Staying on Budget for Home Renovations

Restoring your home to a fresh condition doesn’t have to break your bank. Search the internet, look to your professional network, and be creative – these are things you can easily afford in rebuilding a home that you can live in and enjoy for the years to come.

About Ajeet Sharma

My Name is Ajeet Sharma Financial Blogger & Founder of Financegab.com. We are a personal finance blog dedicated to personal finance & financial planners. The main aim of this blog is to help people to informed financial decisions.
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