4 WAYS TO KEEP YOUR HOME RENOVATION ON BUDGET
KEEPING THE RENOVATION WITHIN THE BUDGET IS OFTEN THE TOPMOST PRIORITY OF MANY HOMEOWNERS. HOWEVER, IT’S ALMOST ALWAYS EASIER SAID THAN THAT.
RENOVATIONS ARE COSTLY BY NATURE. IF YOU FAIL TO STAY ON TOP OF THE EXPENSES, THEY CAN EASILY ADD UP EVEN BEFORE YOU REALISE IT AND LEAVE YOU WITH BILLS YOU’RE UNPREPARED TO PAY FOR.
BUT, WHILE YOU KNOW TOO WELL THAT LOOKING FOR A CHEAP RENOVATION CONTRACTOR IN SINGAPOR E IS NOT ALWAYS THE BEST OPTION, THERE ARE WAYS TO AVOID THE UNNECESSARY OVERSPENDING, WITH A LITTLE PLANNING AND KNOW HOW.
SO, AS A RELIABLE RENOVATION CONTRACTOR IN SINGAPORE, WE COUNT THE BEST WAYS FOR STAYING ON TOP OF YOUR REMODELLING COSTS.
BE REALISTIC MORE OFTEN THAN NOT, WHEN PEOPLE PLAN FOR A RENOVATION, THEY TEND TO MAKE THE MISTAKE OF SETTING THE BUDGET TOO LOW. THEY CUT CORNERS BY PLANNING TO DO THE WORK THEMSELVES, SHOP AROUND FOR THE CHEAPEST MATERIALS AVAILABLE AND WORK THEIR BUDGET USING THESE ANTICIPATED FIGURES.
THE BEST THING TO DO IS, TO BE HONEST ABOUT HOW MUCH YOU’RE WILLING TO SPEND FOR THE RENOVATION, EVEN IF IT ENDS UP GOING BEYOND THE BUDGET YOU HAVE INITIALLY SET. ALSO, TAKE INTO CONSIDERATION THE COST TO HIRE A RENOVATION CONTRACTOR.
KEEP IN MIND THAT THE POINT OF PLANNING A BUDGET IS TO FEEL PREPARED. IF YOU SEE THE FIGURES ARE WAY EXPENSIVE, YOU CAN ALWAYS PAUSE ON THE RENOVATION WHILE YOU SAVE UP MONEY.
GET SPECIFIC WHEN YOU HAVE A BUDGET TO MEET, BEING SPECIFIC ABOUT WHAT YOU WANT DOWN TO THE LAST DETAIL IS CRUCIAL.
THE MORE SPECIFIC THE INFORMATION YOU PROVIDE WITH YOUR CONTRACTOR, THE MORE THEY CAN GIVE YOU A REALISTIC ESTIMATE OF THE SPENDINGS YOU NEED TO BE READY FOR. AS MUCH AS POSSIBLE, YOUR ORDERS SHOULD BE SO SPECIFIC THAT THE ONLY DIFFERENCES BETWEEN THE TWO ESTIMATES ARE LABOUR COSTS.
BE CONSISTENT WHEN THE REMODELLING IS ALREADY UNDERWAY, IT CAN BE TEMPTING TO MAKE FURTHER REVISIONS - MAYBE TO ADD SOME IDEAS YOU’VE FOUND OR THINKING THAT YOUR OLD FLOORING COULD USE A REVAMP AS WELL.
AT THAT POINT, YOU’LL LIKELY HAVE NO IDEA ON THE FULL EXTENT OF THE EXPENSES UNTIL YOU’RE HANDED WITH THE BILL. IF YOU REALLY WANT TO DO THE ADDITIONAL REMODEL, TAKE THE TIME TO PLAN AND BUDGET, THE SAME WAY YOU DID WITH THE CURRENT ONE.
PREPARE FOR THE UNFORESEEN FINALLY, IT’S IMPORTANT TO NOTE THAT EVEN THE WELL-PLANNED REMODELLING BUDGET NEEDS ROOM TO COVER UNEXPECTED COSTS. IN ONE WAY OR ANOTHER, THERE WILL BE AN ISSUE THAT NEEDS TO BE TAKEN CARE OF AND OFTEN, IT’S WORTH THE COST OF REVISING YOUR REMODELLING PLAN ALONG THE WAY.
PREPARE FOR THESE COSTS AS EARLY AS THE PLANNING STAGES, SO YOU’LL NOT BE SURPRISED AS THEY COME. WE SUGGEST ADDING AT LEAST 15% ON TOP OF THE ESTIMATE TO COVER FOR THESE CONTINGENCIES.