Saving Money When Renovating

by on October 15, 2020

Renovating your commercial or domestic property is an exciting time. You have the opportunity to reimagine your space and update it with modern technology and inspiring decoration. If you’re not careful, however, the costs of your renovation project can quickly spiral out of control. Before you know it, your project is costing twice as much as you intended. With some good planning and best practice ideas, you can keep your project on the right track. Below are a few ideas. 

Skip Hire 

Depending on the size and nature of your renovation project, you may need to hire a skip. Chances are you will have a lot of waste to dispose of, and frequent trips to the recycling center can soon add up. Not to mention the inefficiency of the project, it will take longer to complete if you continually need to stop and make trips for waste disposal. While skips can save you money, you should take care when hiring one. Ensure that you hire the best size of skip for the job; otherwise, you might pay too much.  

Recycling 

Whatever project you’re working on, whether commercial or domestic, recycling certain items can make a huge difference to the renovation’s overall cost. In the same way, your money goes further in the supermarket when you focus on discounted items; you will notice a significant reduction in costs by using recycled items. Seconds-hand wood, for instance, is far cheaper to buy and often provides the same level of quality. The same is true for second-hand lino and curtains. 

Waste Removal 

In the process of renovating your premises, you will encounter a lot of waste and offcuts from the construction or demolition of a building. Even if you carefully plan the project and calculate exactly the materials you will need, waste is still an issue. Using a skip for this waste is one solution; another is waste removal, depending on the nature of your project. A waste removal solution will ensure that your site is neat, clean, and free from debris on a regular basis. You will not have to worry about keeping your site tidy and ready for use – also avoiding any health and safety concerns. 

Budgeting 

Budgeting is a key factor when taking on a renovation project. You need to know exactly what you have available and what material you will require for the job. Without careful budget planning, you could find that your project gets quickly out of control and either remains unfinished or costs you twice as much to complete. Conversely, carefully planning your project can save you significant sums of money. If you choose to recycle wood, for instance, or use budget materials, you could make broad savings without sacrificing the quality. 

Use Cash 

When you have established your budget, it’s a good idea to buy the materials you need using cash. Although efficient, using a card does not feel like spending money and can often lead to overspending, especially when in a store and faced with certain choices. If you have a card available, it can be too easy to buy the more expensive option. Using cash means you always have the right amount available for the materials, and it restricts your spending. Using cash is the best way to prevent overspending and save you money. 

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