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7 Things You Can Actually Cut Corners on During a Home Renovation, According to Experts
Home renovations can be an expensive undertaking, but according to experts, there are several areas where homeowners can save money without compromising the overall value or appeal of their property. While some areas like kitchens and primary bathrooms are crucial for return on investment, other features allow for more budget-friendly choices. This article, featuring insights from Tim Carr of Tim Carr Group, Susie Novak of Susie Novak Interiors, and Harrison White of Mason Taylor Associates, outlines seven specific components of a home renovation where cost-cutting is acceptable and often advisable.
One significant area for savings is kitchen appliances. While kitchens are central to home value, purchasing "good, but not great appliances" is a viable strategy. Homeowners are advised to seek functional and reliable appliances that do not necessarily carry premium brand names or advanced, often unused, features. Similarly, kitchen cabinets and hardware present opportunities for cost reduction. Instead of completely replacing existing cabinetry, if the structures are sound, homeowners can repaint them, update the fronts, and change the hardware for a fresh look. Exploring lesser-known brands for hardware can also yield substantial savings.
The article also addresses electronic systems. Homeowners do not need to invest in extensive smart home technology to achieve a good return. Opting for a more basic system, such as a Lutron system, is recommended. Furthermore, choosing manual shades over more expensive motorized versions is another way to trim costs effectively. Flooring is another area where budget-conscious decisions can be made. While hardwood floors are popular, carpeting in bedrooms can be a cost-effective alternative that is also seeing a resurgence in style. This approach allows homeowners to save on more expensive hardwood installation while still achieving a desirable aesthetic.
Intricate tiling is identified as another component where savings can be realized, primarily by reducing labor costs. Small, delicate, or complex tile patterns like herringbone require more time and specialized labor for installation, which drives up expenses. Opting for larger, simpler tiles can significantly reduce labor time and, consequently, overall costs. Finally, light fixtures, including chandeliers and sconces, are presented as prime candidates for cutting corners. These items, while decorative, do not experience heavy wear and tear. Experts suggest exploring more affordable options from various retailers, including online platforms, rather than splurging on high-end pieces, as their primary function is aesthetic and they remain largely untouched once installed. By strategically choosing where to economize, homeowners can undertake significant renovations while maintaining their budget.
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