Whether you’re looking to increase your home’s value or make it more comfortable for you and your family, Home improvement can make a big difference. But unless you have plenty of extra cash on hand, the costs can quickly mount.
The best way to ensure you don’t overspend is to plan your home renovations carefully. That means creating a budget and making a list of things you want to improve before contacting a contractor.
It also means being aware of the differences between remodeling and renovation projects. Oftentimes, people confuse the two because they’re both aimed at changing the look and feel of a space. But a remodel involves major structural changes that can cost thousands of dollars.
Renovating is a more affordable option for most homeowners. Typically, it includes replacing flooring or installing new fixtures and features. But if you’re on a tight budget, consider putting off any large-scale upgrades and focusing on small-scale repairs first.
If you need to replace your toilet, for example, a new one can be cheaper than ripping out and replacing the entire floor. That’s especially true if you use a low-flow toilet that saves water and energy.
Another easy and affordable upgrade that can have a big impact is replacing your lighting. It can add a fresh, modern touch to a room and even help you sell your house sooner. You can also choose light fixtures that complement your style and color scheme, such as neutral shades or a pop of color.
Adding trim around windows and doors can also give your home a refreshed look, and it’s a smart investment that pays off in the long run. It’s also a good idea to replace your roof if it needs one.
The right renovations can make your home more energy efficient, which could lower your utility bills. This can help you avoid skyrocketing gas and electricity prices that are common during times of economic stress.
It can also increase your property’s value, which could boost your return on your investment when it comes time to sell. If you’re remodeling for a future sale, be sure to consult a real estate pro before you start any big-ticket projects.
In addition to lowering your energy bill, upgrading your insulation and air conditioning can also help you make your home more environmentally friendly. In fact, a recent study found that more than half of American homeowners who had done any home improvement project were making these upgrades to reduce their carbon footprint.
When it comes to home improvements, the most important thing is to make sure they’re safe for you and your family. That means following all safety rules when working on the home or in any part of it.