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Interior Remodeling: Learn to Balance Your Renovation Budget Like a Pro


Interior Remodeling: Learn to Balance Your Renovation Budget Like a Pro

Interior Remodeling: Learn to Balance Your Renovation Budget Like a Pro


Almost every household has a part that could use a major revamp. On the other hand, financing a renovation might look like an invasion on one’s savings. So, one often tends to procrastinate the project until water drops from a leaking ceiling woke one up few mornings in a row.

Jokes aside, remodelling is always going to affect your budget - no one can deny that. However, knowing how to manage finances like a pro will play a huge part. The balance is everything: if you splurge here, you need to save there.

While creating a renovation spending plan is a very personal endeavour, getting a big picture perspective from contractors can certainly help. Here’s what experts have to say on when it is better to keep your hands in pockets and when you should feel free to treat yourself.



Let’s Cover Kitchen  

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The appliances you choose for your household have an enormous job, and the cost of operating them is significant. We are not exaggerating when we say that they are the most important features in your kitchen. In order to save some bucks in the long run, it is crucial to invest in quality, energy-saving devices whenever your budget allows. However, if you need to balance your finances, an excellent solution is to prioritise energy efficiency in appliances that are on all day long (fridges, for example).

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High-caliber drawer and hinge hardware are also worth the extra cash, especially if they carry a lifetime warranty (some hardware brands do). After all, they should stand up to use and abuse on a daily basis. Plus, if hardware looks cheap or dated, the entire place can get a similar vibe. When acquiring for a drawer hardware, aim for the greatest load capacity you can afford. Mark our words - you will thank yourself later.

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Furthermore, countertops should be made of quality material that is easy to clean, carries a good warranty, and is water, heat and stain resistant. Oh, and they deserve to be gorgeous since they are highly visible. Nothing beats a quality stone countertop, so engineered stone and natural granite are quite satisfying options.



Kitchen cabinet handles do not have to carry a big price tag in favour of looking stylish and being of a decent quality. Also, stainless steel is not necessary, unless corrosion is an issue in your area. Zinc aluminium alloy is a much more cost-effective material and can be finished in various ways. Custom cabinets are a perfect choice if you can afford them, but there is no logical reason to go crazy here. They consume more than 75% of your kitchen space, and that is, ladies and gentlemen, saving potential too high to be ignored.

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There is no need for blowing your cash stash on the fronts of new kitchen cabinets either. The most important thing with the cabinets is to ensure that both, cabinet internals and doors are hard-wearing and will defy the marching years. You can later change the cupboard door fronts whenever you desire and can afford it.

Similar, quality and classy tiles can be found on a budget. If you want to add up some luxury, you can use expensive ones in a small area.



What About Bathroom?

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Do not tighten your belt on bathroom cabinets. On a scale of good, better and the best, choose better option at least. You will be opening those drawers and doors all right, and if they are made of low-cost particle board, they will not last in wet surroundings.

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Once again, countertops can truly make a statement. But these surfaces can genuinely cost you much. So decide whether this will be a focal point of your bathroom. If the answer is yes, splurge on the material here.

Heated floors are becoming more and more popular, and they are a smart solution for a bathroom that has no other heat source. The chances are that you will not regret investing in in-floor heating system.

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Now, ventilation might not be a fancy topic, but it definitely is a necessary one. Namely, when poorly done it has a domino effect. It can cause pervasive mould or mildew all over the place. Today's ventilation fans are quiet, powerful, and efficient. There are quality options out there, and it is essential that you install one. That way you can keep calm knowing that you have made an excellent decision.



Yes, the floor in your bathroom must stand up to water and humidity, while being low-maintenance and slip resistant. Yes, your bathroom flooring is exposed to water daily, and over time it can cause mould and long-term damage. And yes, you could go with expensive bathroom flooring styles and materials. However, this is often not recommended for ROI related reasons. In the majority of cases, porcelain or ceramic tiles in a standard layout are the best bet. These materials are economical, practical and they will not be damaged by water if it comes to a leak.

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Like with kitchen, it is possible to achieve a fun, eye-catching tile design in your bathroom on at a bargain price. Ceramic or porcelain tiles are decent competitors to their pricier alternates, like marble or limestone. It is similar with vanities and tubs too. You can find affordable yet chic models nowadays. When you are not in a situation to splurge - acrylic and fibreglass ones will serve you well.

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Changing plumbing lines can cost you a lot. When planning renovation project, shape the new design around the area where plumbing lines already are. This is a cost-effective approach since you will not have to devalue your bathroom.


Living Room and Bedroom, Anyone?



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One word, four letters - sofa. A sofa is a workhorse of your living room. Quality often does not come cheap with this and the chances are that you will have to give more money on a good couch. Otherwise, prepare for replacing it in a few years. Fabulous sofa is fantastic, but what lies inside matters the most. Search for the one with quality fabric and foam that holds its shape.

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Equivalently, a bed is the first thing you see when walking into a bedroom, and the bedding you choose sets the pace for the entire space. So, these two are worth splurging on if they will suit your style and be of a high-calibre. While we are here, let us not forget mattress. Out of all the pieces in your home, this one is probably the most splurge-worthy. After all, mattress plays a significant role in your physical comfort, sleep quality and therefore your health and well-being.

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Unlike small ones, large area rugs need to be of a good quality, and that usually means a bit of a splurge. Cheap rugs tend to decay quickly and they definitely do not feel good on bare feet.

Wall paint is relatively inexpensive to begin with, so do not try to save additionally here while sacrificing quality. Shortsighted thinking is not a good attitude when purchasing paint for your home, no matter what the project is. High-quality paint provides a smoother, more-uniform look and it can end up lasting twice as long as a cheap one.

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Finally, you might want to consider a good set of custom window treatments, to ensure the best fit for your space.

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Trends come and go, but knocked out wallet will take a long time to heal. If you desire to have the an in vogue piece in a living room, buy it on Black Friday. There is no need to go into spending frenzy here. Splurge on classics, but save on trends.

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Sure thing, you do need comfortable, supportive and chic pillows. What you do not need is to waste a fortune on them. Plus, this way you can easily switch them out from time to time and give your room a fresh, modern look.

When shopping for furnishings that are meant to be decorative or that will be used lightly, feel free to choose less expensive items. Rest easy, table destined to be jazzy, or eventually hold a magazine and a cup of coffee will not come apart pretty soon.

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Luckily, modernistic lamp or ceiling fixture that adds a wow factor to space is not hard to found at a discount price too. Bear this in mind when searching for them.

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In the end, whatever you do - never ever save on contractors. Hiring cheap ones can actually be a mistake you will pay off for many years to come. If you have found your perfect remodelling company, breaking the budget is totally reasonable. They are about to build some of your dreams, so you might as well pay them in the same manner.



When is the Best Time for a Big Renovation Project


When is the Best Time for a Big Renovation Project

When is the Best Time for a Big Renovation Project?


There comes a time for a homeowner when everything smells like revamp spirit. You know your home needs major kitchen remodelling, you know that you want to style up an old bathroom, and you know for sure that this will finally be the year of patio installation.

What you do not know is when is that perfect, golden moment for a start off. On Monday? In a month? Right after the winter? Unfortunately, no one can tell you with absolute certainty when to catch a renovation train. Any time can be the right time if you are truly ready. However, with so many different aspects involved (like budget, materials, contractors, weather), figuring out this ‘’truly ready moment’’ is not an easy task.

That being said, for some projects certain times are definitely better than others, and knowing how to differentiate them can save you from possible complications. So, here are several things you need to comprehend before deciding when to put big remodelling project on track.

Think weather conditions


A common belief says that home renovations work out best in spring and summer. Spring/summer school of thought has a lot do with the myth that raw materials do not perform well at low temperatures. It is for sure much more pleasant to renovate while the trees are green, under the skies of blue than on days when it seems like the ice age is coming. However, the optimal weather for remodelling highly depends on a project you are planning.

For example, winter can be perfect timing for starting a deck or even room addition. Frozen ground and dry air are better for digging foundations and pouring concrete than muddy ground and humidity. Trench walls are less likely to cave in, thanks to the stiffness that frost offers them during winter months. Plus, you will have fewer rainy days - and nothing can kill a renovation buzz like rain.


Most of the kitchen and bathroom renovation projects can be done at any time since all the construction will be completed indoors. So, winter is not a bad choice for a kitchen or bathroom renovation neither. As long as you keep workspace and tools warm, jobs like flooring replacement, interior painting, lighting and plumbing can also be done in colder months.


On the other hand, you should probably save projects like exterior painting or roof replacement for sunny days. External paints that are water-based require specific conditions to dry well, and with the receding of the temperature water in the paint will evaporate more slowly, which affects how the paint holds up over time. Concerning roof replacement, the best time to do it is usually late summer through the fall months. Surprised? Well, the roofing material needs higher temperatures to seal. Furthermore, projects like deck and patio building are also good to plan for this timeframe.


Think supply and demand


To know when to remodel, you need to understand supply and demand relationship. And this one is… Well, it is complicated. The battle between those two might be constant, but you simply need to keep up with all the drama. Namely, a supply-demand ratio has a major influence on your renovation project cost.

The price of building materials like cement, lumber and paint fluctuates greatly throughout the year - depending on the demand. You should aim for times when raw materials are at their lowest cost. As it usually gets in life, materials are quite budget friendly when it might not be the best time of a year to remodel. Isn’t that ironic? Do not despair though. You could plan your project carefully in advance, purchase materials when they are at their cheapest and store them until you are ready to start. For example, in winter, flooring can be easy on the pocketbook, since it is directly related to the price of crude oil. Similar, raw materials and appliances are cheaper prior the holiday season. By the law of supply and demand, you will probably pay the most for materials in a period from April to July.


Now, the tricky part is the fact that prices are always fluctuating. They are, just like the weather is, uncontrollable. So, be geeky and careful about this one. Plan precisely, know what materials you would like in your house before starting construction. That way you can purchase supplies step by step when the prices are low. Calculated actions will make the renovation process much smoother.


Think contractors


For every virtue contractor, and trust us, you want an excellent one, there are periods when he is overwhelmed with projects. You might have to kill for a reliable professional between August and November. As you can probably assume, contractor’s busy times are not the best times for you to schedule a home revamp. Just as your burger is more likely to come without that extra cheese when you order it during restaurant’s busiest hours, your contractor is more likely to make mistakes when he is balancing several big jobs. Plus, the prices will be higher. Sometimes, contractors have so much on their plate during a busy season, that they are forced to turn away additional work.

Now, entering a project in the off-season can be a foolishly adventurous idea too. For example, installing a pool during a North Vancouver’s winter, when the ground is frozen solid, is probably a bad thought. However, there is no need for being extreme. With early planning and a bit of flexibility, you might be able to start your project in motion before the season rush. That deck you want to spend your summer Sundays on will need to be planned before it is constructed. So, you could contact a deck designer during the winter months. You will likely be the only project he is working on, and you will get an excellent service. Makes sense, right?

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Slightly off-season is a good time to remodel since quality contractors can be hired not only easier, but cheaper. Another great option for homeowners is schedule their remodels in advance, ideally 3-4 months, which prevents putting a project on hold.


Think budget


Homeowners often underestimate the cost of a big renovation project. The main suspects are hidden issues. Your home might look excellent on the outside, but huge imperfections could be lurking beneath the surface. You never know what is going to happen once you start knocking down kitchen walls.

Home renovation budgeting is pretty much like any other budgeting. You need to separate needs from wants. Take your time to make a detailed survey of your home. Be smart, be patient and prepare yourself well. It is rare for any big project to go completely without trouble. Always add at least 10 to 20 percent to your initial remodelling budget for unforeseen expenses.

The bottom line is that your budget is the main star in this home revamp play. Time of the year could be pitch perfect, contractors available and ready to rock, but if the budget is even remotely unstable, the show simply must not go on.


Think Opportunity Cost


Big renovation will unsettle you and your family in some way. You will have to devote energy, time and money to a project, and it will affect your schedule and lifestyle. This is known as Opportunity Cost. Let us say that you are a full-time housewife with three kids. Being without a place to cook during a major kitchen remodelling might cause inconvenience and stress. Solution? You could time to renovate your kitchen before or after the winter months so that your family can use outdoor kitchen rather than eating every meal in a restaurant.

Make sure to be honest with yourself and figure out when this Opportunity Cost is the cheapest. It might be a strong indicator when you should take on home renovation. A perfect moment to start any big project is, undoubtedly, after a project has been completely thought out!