How to manage cost in a renovation project 

Managing budget in renovation project is what people have always wanted before putting their properties on the market. In fact, the cost of renovation depends on the scale of the project, and whether it is housing reconstruction, or a single space transformation, such as living room renovation, there are no two identical decoration styles, there will always be unforeseeable costs. In terms of renovation, cost-effectiveness is the most critical thing to look at. Spending less renovation budget to achieve better decoration quality is what every owner wants to do. Here are a few simple ways of reducing your renovation costs and getting better returns at the same time.

1. Select materials

Choosing the right, affordable material can save some money without affecting the overall look and feel of the decoration. Kitchen and bathroom are critical areas for the consumption of top-quality materials. There are several ways to lowering the price: using engineered stone benchtops instead of granite, using laminate flooring instead of marble, or using laminate flooring Instead of hardwood floors. For example, Quick-Step laminate flooring is now a popular choice for many household renovation projects. Within the quick-step collection, Quick-Step majestic offers a wide range of good features for consumers such as waterproof, wear-resistance. 

2. Refurbishment and reuse

Renovation does not mean that all items are required to be new. Be sure to think twice before you decide to remove something. On the one hand, we must understand what can be dismantled and which ones are not allowed to be demolished; on the other hand, we must know that the cost of demolition and construction is the same. Before you can process your old items, you can check if you can renovate them. For any issue, it can be refurbished. For example, flat-panel furniture upgrades, it is made of standard melamine wood – it can be used to make some shelves or storage units. If you are missing such items, you can also pay attention to the old things, use them somewhere and save on material costs.

3. Try not to move the pipe.

Moving the pipeline would be a significant expense for the renovation project. If you renovate the bathroom, you can save a lot of money by sticking to the original pipe. Keeping the original pipeline in its original position and upgrading the items can also help you manage the cost. It takes time and effort to move these pipes. Of course, the same method of operation can be used in the kitchen and laundry. Keeping the layout intact can guarantee a significant reduction in renovation costs, as moving walls, electrical and plumbing are places where installation costs soar. Communicate with qualified plumbers who will provide you with professional advice on how to get the most out of your current layout.

4. Buy second-hand supplies

Some costs can also be reduced by purchasing used products. New or high-end products can be often mixed with relatively inexpensive second-hand items to reduce costs. This approach is mainly for furniture, appliances and some white goods. There are several ways to buy second-hand products. One is to ask shops about their floor stocks and factories, they usually have small problems, such as minor dents or marks, which can be easily hidden, and the price is significantly reduced. The other is to check whether there is a second-hand furniture service in your area. When you buy it, check the quality of the furniture carefully. You can change the sofa cover for the second-hand sofa you bought, repaint the mirror frame, etc. to help you find the home decoration effect that suits you. These simple tricks can help you save hundreds to thousands in the renovation process.

5. Cosmetics repair

If your budget is limited, don’t try to do anything. Focus on beauty restoration. They are fast, cheap, and straightforward. Also, they tend to be noticed, so they have a significant impact. If you can’t afford to reload the entire bathroom, please change the shower screen and faucet. If you want to reuse the lounge or bedroom within your budget, start with curtains and cushions: a small repair, big win.

6. DIY your decoration

“Decoration” usually refers to items in a room, except that the decorative space has no specific function. Just like art or other, decorative carpets, and coffee tables. They are indeed an indispensable cohesive design, and these things can also be the most cost-effective places.

Create it yourself instead of buying it. If you take photos often, take out your favorite and proud pictures and complete a painting or photo art wall. It is a beautiful decoration and can recall the past loved ones. Or you go to the beach to pick up the shells, put them in the room, a feeling of relaxation. Or use the shape of a bottle to make a vase, as long as your personality, your decoration!

7. Develop a minimalist style of decoration

Choosing a minimalist style to decorate the interior will cost very little, at least compared to other gorgeous methods. Besides, the minimalist decoration now not only saves money but also is a popular trend.

In interior design, minimalism is defined as neutral, especially in monochrome, the use of natural materials, and clean lines in furniture and cabinets. Remember, keeping the space clean is an essential part of the minimalist style. Be sure to set a lot of hidden storage and then clean it regularly. If you can do it, this is a simple way to reduce costs, and it doesn’t look like you deliberately did.

8. Thinking about long-term development

Savings on-site are significant, but the right decoration remembers how much you saved in long-term operation. The way is to make sustainable buildings upgrade during your renovation. Instead of spending thousands of dollars on solar panels, you don’t need to invest in high-quality insulation, LED lights, or even rainwater tanks to save the track. If you are undergoing a structural redesign, make the most of your original energy (natural light and heat) when planning and placing windows for long-term savings.