Tips to renovate your home, without overshooting the budget!

Tips to renovate your home, without overshooting the budget!
September 15, 2018 | Architecture

Giving your living space a fresh perspective without losing its primary character is the true essence of renovating a home. When you arrive at a well thought out decision to renovate your old 3 BHK villa or a compact 2 BHK apartment, the challenges lie in refraining from cramming your home up with ideas that have been breeding in your head for the past many years. The problem begins with an overflow of concepts that hit you hard, when the budget laid out for your renovation is entirely busted. One of the top priorities while renovating your apartment or independent home should be sticking to your budget from the start. Making the wrong choices between quality and costs could leave you with a fat bill that you’re not prepared for. Here are some essential tips that will help you deal with the renovation costs of your home a lot more diligently. Whether you are renovating your apartment now or thinking of redoing your villa sometime in the future, it’s always good to be prepared.

Be realistic from the start

More than often, people make unrealistic claims while renovating their 2BHK or 3 BHK apartment orvilla. They usually make the mistake of deciding on a budget that is too low and agree upon to carry forward work by themselves to furnish their home. Once they’re unable to stick to these promises, they set themselves up for sizable overages. The best thing to do is to be absolutely realistic about how far you’re willing to spend or save on renovating your home. Ambitious decisions that don’t fit the bill will result in an extremely inflated initial budget. The only way out is to work your budget out with a middle- of-the-road estimate rather than choosing the most affordable or cheapest one. It is essential to remember that the entire point of having a budget is to be prepared. Realistic figures will always help you decide on what’s too expensive or how to raise the bar for the quality of the products you choose.

Do your research well

Whether you’re renovating an apartment or villa, it is extremely important to have a crystal clear picture of what you have in mind. The only way to achieve this is to do your homework well and to get enough information on the specifications. The more specific you are about your details, the easier it is for your contractor, workers, or interior designers to achieve your vision. The vaguer you become about your concepts, the more liberty they have in hand to increase costs which will cause a huge variation between your initial estimate and the labor costs or fees.

Raise the bar for efficiency

More than often, people overlook the ability to increase the efficiency of space in their 2 BHK apartment or 3 BHKvilla while planning for a renovation. It is always important to consider reorganizing your room and to make the most of the existing space. This can easily be achieved by replacing space in underutilized shelves with cabinets or pullout drawers, which can help increase the storage capacity as well.

Consider the less expensive alternative

Most of the elements in your spacious apartment or house that you think needs a makeover can easily be achieved by choosing the less expensive alternative. For eg., if you want more light to enter the living room of your luxuriousapartment or villa, instead of breaking a wall to make a window, it is always better to consider the less expensive alternatives for capturing light. To brighten a windowless hallway, you can easily install a ‘light tube’ which slips between roof rafters and funnels sunshine down into the living space.

Consider DIYs

Giving your home a makeover doesn’t always have to involve buying brand new elements for your home. Do-It- Yourself ideas that storm the internet will give you enough ideas of how to reap big savings with recycled or lightly used fixtures and building materials. You will be extremely surprised to know how you can redo an old piece of furniture into something extremely useful, like a shoe rack or a clothes’ hanger. Never underestimate what you can do by yourself. It not just cuts costs, but also adds a personal touch to your newly done up apartment or villa.

Make every penny count

The best way to save up on a lot of expenses is either by handling your own demolition or by doing some of the finishing works yourself. If you want to save money, you must get off that couch and get ready for some action! Instead of employing a worker to pick up sawdust off the floor, put that money into trimming the window properly.

Stick to the plan

Once the renovation work of your 3 BHK apartment or villa has kick started, refrain yourself from adding on to your to-do list. Because let’s face it, we’ll never be satisfied. So instead of adding up your costs and pushing your budget further ahead, it is always important to stick to the plan you have in place and to make it work well. Wavering wish-lists and sudden change in plans will only over shoot the budget!

Plan for the unexpected

Even if you’re planning a tightly budgeted remodeling, it is important to always leave enough room to cover unexpected expenses. Sometimes while renovating your old apartment or house home you will come across a maintenance issue that needs to be taken care of and sometimes it really is worth the cost of changing your vision along the way. It is extremely important to plan for these costs looking ahead into the future, so that you’re not shocked when they crop up. If at some point you feel that your current budget set aside for renovation isn’t enough to cover the amount for unexpected expenses, it is important to take more time to save or scale back the project.

Renovation of a home requires efficient financial planning and it becomes quintessential to not exceed your initial budget as it could lead to questioning your decision in the first place. If you’re looking out to buy a new 2 BHK or 3 BHK apartment instead of renovating your existing home, associate with one of the most trusted builders- Kalyan Developers and own a brand new home in a prime locality in Trivandrum, Calicut, Thrissur, Kottayam or Kochi.

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