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Sincecosts tend to riseevery year, chances are this number will go up in 2025.
There are several ways to keep costs low on all aspects of renovations, including materials and labor.
They may have some materials that are perfect for your renovation.
This can cut material costs down for you, lowering the price of the renovation in total.
With less demand, it might also take less time to complete these projects.
I once worked with a family who wanted to redo their entire kitchen, Stassi continued.
After talking it through, we decided to focus on replacing the countertops and cabinets first.
It made a huge difference and left enough money left over for future updates.
Sometimes, less is more!
Have the seller do the renovation before they close or the builder put it into the build job.
That way, you could include it in the mortgage.
Look for reclaimed wood, buy in bulk or wait for sales.
Also, choose materials that are both affordable and durable.
For example, reclaimed wood tends to be cheaper than new hardwood.
Small changes like these can make a huge difference to your overall costs.
Stick to Small Projects
Not everyhome renovation projecthas to be massive.
you could always switch to bigger renovations later.
Painting is by far the most cost-effective way to renovate a home.
Another budget-friendly option I am seeing is using epoxy to update countertops and floors, Hybart added.
Ive seen amazing results from people with little experience.
Its a great way to make a big impact without breaking the bank.
New homeowners can achieve stunning results by balancing creativity with practicality without breaking the bank.
This is especially the case if youve never owned property before or done renovations yourself.
You dont need to hire a contractor for everything.
Save money by only hiring experts for the tricky parts, like electrical work ormajor structural changes.
Handle simpler tasks yourself or with the help of friends and family, said Stassi.
There are plenty of projects you might handle yourself and save some cash.
Painting walls, changing out light fixtures or even installing shelves are great places to start.
Shop Secondhand
Shopping surplus or secondhand can save you money on materials, too.
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