Undertaking a bathroom remodel or new home addition can be a daunting and expensive prospect. However, there are ways to save money on your project without sacrificing quality or style. You can complete your bathroom remodel or home addition without breaking the bank through careful planning and execution. In this article, we’ll explore ways you can save money on your project. So, whether you’re looking to update your bathroom or add a new room to your home, read on for some great tips on how to save money along the way.
1. Prioritize Your Needs
When embarking on a bathroom remodel or home addition, it’s important to prioritize your needs. Not every project needs to be completed all at once, and you may be able to save money by completing the most essential updates first. For example, if you’re planning a bathroom remodel, you may want to start by updating the fixtures or painting the walls before tackling a more extensive project like re-tiling the floors.
Another way to prioritize your needs is to consider which features will add the most value to your home. For example, according to Remodeling Magazine, replacing a garage door is one of the most popular projects for homeowners, with an ROI of more than 90%. So if you’re looking for a project that will add value to your home, replacing your garage door may be a good place to start.
2. Shop Around for Materials and Labor
Once you’ve prioritized your needs, it’s time to start shopping around for materials and labor. When it comes to materials, it’s important to compare prices and find the best deals. For example, if you’re planning a bathroom remodel, you may want to compare prices on tile or fixtures before making your final purchase.
When it comes to labor, it’s important to get multiple estimates before hiring a contractor. It’s also important to be aware of what can make labor expensive. For example, According to California labor laws, if you’re hiring a contractor to work on your home, they must be paid overtime for any hours worked over eight in a day or 40 in a week. So if you’re planning a major project, be sure to factor in the cost of overtime when getting estimates.
3. Do Some of the Work Yourself
If you’re handy, there are several projects you can tackle yourself to save money. For example, if you’re planning a bathroom remodel, you may be able to install new fixtures or repaint the walls yourself. Of course, before taking on any project, be sure to do your research and understand the risks involved. Some projects are best left to the professionals.
4. Consider Used or Recycled Materials
For those looking to save even more money on your project, you may want to consider using used or recycled materials. For example, if you’re planning a bathroom remodel, you may be able to find used fixtures or tiles at a fraction of the cost of new materials. You can also check with your local salvage yard for other great deals on materials.
Another great option for saving money is to recycle materials from your own home. For example, if you’re planning a kitchen remodel, you may be able to reuse some of the cabinets or countertops from your old kitchen. By recycling materials, you can save money and help the environment at the same time.
5. Hire Professionals When Installing Specialized Materials
While it’s possible to save money by doing some of the work yourself, some projects are best left to the professionals. For example, suppose you’re planning on installing a dissolved air floatation device which is a specialized piece of equipment used to remove fats, oils, greases, and suspended solid contaminants from water. In that case, it’s best to hire a professional. Not only will they be able to install the equipment properly, but they’ll also be able to provide you with guidance on how to maintain it. This will save you money in the long run by preventing costly repairs.
These are just a few tips on how to save money on your bathroom remodel or home addition. By planning and shopping around, you can save a lot of money on your project. And, if you’re willing to do some of the work yourself, you can save even more.
