Renovating is no easy task. The process can take a long time and there is seemingly no-end to the expenses that are involved. In order to save you some money while renovating, here are some helpful cost cutting tips.
Consider Hiring Construction Equipment
Whether you are renovating yourself, or with the assistance of tradespeople, the costs associated with buying construction equipment are always high. Unless you are planning to renovate for a living, it is a lot cheaper to hire construction equipment for renovations than buy it yourself. Construction hire companies, such as Mabey Hire Australia, hire out a range of equipment to make your renovations smoother. The beauty of hiring is the fact you can return them as soon as you’re finished and you don’t have to worry about storing equipment or having it take up room.
Reorganise before renovating
The most expensive part of renovating is adding in extra space. Before you go rushing into widening or extending the length or width of the property, it is better to reorganise. Space can be saved simply by reorganising or replacing furniture that is space saving or smaller. You may surprise yourself and realise you don’t need as much extra space as your though you did.
Start Researching Early
If you are considering renovating, it is a good idea to go to construction, electrical, appliance and hardware stores and browse their products. Write down a list of all of the fixtures and appliances that you would be interested in using and note their price. This way you will have an accurate gauge of how much everything costs and when your builder’s give you quotes you will know whether or not you are getting a good deal.
Network with your Tradies
For example, if you have a tradesperson putting in wooden flooring or tiling it may be worth asking if they have any leftover flooring from previous jobs. If they do, they may offer you the materials for a fraction of the retail cost, which will save money that can be spent elsewhere. Quite often tradespeople also have a wide spanning network of fitters, plumbers, electricians and floorers that they can connect you with, and for prices that are more competitive than services you will find on your own.
Avoid Moving Complex Fixtures
Although it can be nice to completely redesign your home, try to avoid relocating fixtures with complex plumbing or electrical wiring. Some of these fixtures include: the kitchen sink, toilets, showers, high-density power outlets and electrical mains. If you do have to move plumbing or electrical fixtures, it may be worth spending a little extra cash on replacing the pipes or wiring, that way you can these new systems as future selling points of the house.
Like most services in life, there are busy peak seasons and quieter off-peak seasons. It is the same for hiring tradespeople and builders. Make sure you schedule your renovations for a time that is quiet for your builders or tradespeople and you may just save yourself some cash.
As you can see, there are many ways that you can save your money while renovating. So how about you, how have you managed to save cash while renovating?