4 Tips for Keeping Your Home Remodeling Project on Budget

Most home remodeling projects involve significant money, but this doesn’t mean you have to go beyond your specified budget. After all, you want to fully enjoy whatever necessary improvement you’re investing in. Accruing debt to complete them won’t make this possible.

To help keep your project’s budget from running wild, turn to Legacy Design Build Remodeling, your premier home remodeling company in Phoenix, AZ. Here are some handy tips that you might want to consider:

1. Keep it realistic. This means looking at the amount you actually have to spend and comparing them with the average costs for the improvements you want. Being realistic when creating your budget helps keep your project from going out of hand. For instance, you can assess the area in your home that requires work, and decide if it only needs cosmetic changes or a full remodel.  This helps maintain everything on scope and on budget.
2. Do your remodeling projects in phases. Since you’ll be spreading your project’s overall cost over a period of time, there’s no risk of exceeding your budget. If you’re only able to afford one part of your kitchen remodeling in Phoenix, AZ, this time, you can then finish that specific project and save money for the second one. This means you won’t be rushing to get everything done at one time without the proper funds. It also lowers the potential for damage or sloppy installation.
3. Anticipate unwelcome surprises. Some home improvement projects might have hiccups along the way. By setting aside a contingency budget, you can easily deal with the issues that might pop up. This fund can go anywhere from 5% to 20% of your project. Make sure it reflects the extent of your planned home improvement.
4. Avoid impulse purchases. It can be tempting to keep adding more stuff to your original plan, which then increases your total costs. Unless you have a flexible budget that you can dip into on short notice, it’s essential to stick to your existing plan.

Turn to Legacy Design Build Remodeling for your home improvement needs. As your reliable home remodeling contractor in Phoenix, AZ, we’ll guide you through every aspect of your project with our smooth and worry-free process.

We’ll assign you a project consultant who’ll discuss your remodeling needs. He will provide you with more detailed information, style ideas, and budgetary needs. We’ll also flesh out the project’s scope with conceptual drawings. You also won’t have to worry about building permits—we’ll take care of all the necessary paperwork involving your remodel. From this phase and all the way to close-out, you can trust that we’ll make everything run without a hitch.

Fill out our form today for a free estimate.