By: Ricardo Medeiros

Cutting Renovation Costs without Cutting Quality

Tags: Cutting Renovation Costs

 

Blog Article 2
Cutting Renovation Costs without Cutting Quality
 
As you probably know, it's easy to lower the costs of a renovation. Just hire an inexpensive, fly-by-night contractor — and hope for the best!
 
Chances are, you won't want to take that risk. So how do you ensure you get quality work while keeping your budget in check?
 
Here are some tips:
 
  • Get estimates from at least three contractors. Often prices can vary widely, even amongst contractors with       similar reputations and experience.
  • Narrow the project focus. If you're getting a bathroom renovated, for example, decide whether you need         the contractor to paint the new walls. Can you do that yourself?
  • Shop around for the building materials. Yes, contractors often have access to wholesale prices. Still, you           might be able to find a bathtub and vanity at a lower cost or at least avoid any markup the contractor may       charge.
  • Negotiate. Sometimes a contractor is willing to lower the price for concessions, such as quick payments           or  more time to complete the job.
  • Schedule the renovation during a low-demand season. For example, deck contractors charge more in the       spring than the fall. It's supply and demand. More people want their decks done in the spring.
 
Keep in mind that spending a little more for a skilled and reputable contractor can save you money in the long run. The renovation will have fewer, if any, "issues" (that may require an expensive fix) and will last longer.


 

Social Media “Tweets”

Tweets linking to the main article:
 
Thinking about moving? Wondering how much you should budget for your next home? Find out here: [LINK]
 
Three things to consider when budgeting for your next home: [LINK]
 
Tweets linking to the second article:
 
Planning a renovation? Here are 5 ways to cut the costs without sacrificing quality: [LINK]
 
Here's how to keep a renovation project on budget: [LINK]
 
Tweets of motivational quotations:
 
"There is no failure. Only Feedback," says motivational author Robert Allen.
 
"Do you give as much energy to your dreams as you do your fears?" Richard Wilkins question is worth pondering.
 
The highly-effective success author, Stephen Covey, points out, "The key is not to prioritize what's on your schedule, but to schedule your priorities."
 
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