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Home renovations on a budget

December 21, 2012

Your home is probably one of the biggest investments you’ve ever made. It only makes sense that you’d want to keep it in the best shape possible. The good news is you can renovate your home without depleting your life savings. Here how.

Comparison shop. You wouldn’t purchase the very first pair of jeans you try on in a store. Selecting construction materials shouldn’t be any different. Whether you’ve hired a contractor to supply materials or you plan on pouring concrete on your own, make sure you compare construction costs among suppliers before making a purchase. 

Stick to surfaces. You’d be amazed how easily a single can of paint can completely transform the look and feel of a room. Try a faux finish for a dramatic touch or switch to an entirely new colour for a cost-effective metamorphosis. Just remember to always use a primer to make your paint last longer.

Recruit friends and family. Sometimes the most expensive part of a home renovation project is labour. Why not cut costs by enlisting the help of good friends? Not only will you save money but you’ll also get the job done faster. Just remember to thank your recruits with a pizza dinner. 

Look online for inspiration. You don’t need to hire a high-priced decorator to figure out how to match your drapes to your area rug. A simple Internet search will turn up hundreds of home design blogs, each one jam-packed with great do-it-yourself ideas on how to make your home look brand new.

Team up. If you think you’ve found a great painter or carpenter, don’t keep it a secret. Ask if any of your neighbours are planning a home renovation of their own. If so, a contractor who is able to work on two jobs at the same time, in the same neighbourhood, might be willing to offer a discount.

These days, a little of bit of ingenuity, paint and sweat can go a long way towards refreshing your home. Just remember: while a coat of paint or DIY project can transform your abode for a reasonable price, you should never skimp on safety-related projects such as hurricane proofing. Instead, find ways to save on cosmetic changes so that you can make the most of your biggest investment ever.