Where to Scrimp and Where to Splurge During Home Makeovers

During the last year with COVID, many of us have spent a lot of time at home. During this time at home, many of us have been evaluating our homes and planning updates and upgrades to improve our homes and make our homes more pleasing to us. If you find yourself doing this, know that you are not alone. The remodeling market has been busy recently with many homeowners wanting to renovate their homes. As you are planning your renovations, you will be making many decisions. These decisions will affect how much the project costs. What should you splurge on what you scrimp on? Here are some ideas.

When doing a bath remodel spend extra money on the quality toilets, faucets, and other plumbing fixtures and consider all other items as the icing on the cake. By splurging on a toilet for example, you can save money on water over the lifetime of use.

If you are planning a kitchen remodel a good place to save money is on the backsplash. The backsplash is something that can be changed pretty easily and updated in the future for a big impact, so don’t spend a lot. Splurge on the cabinets. They are expensive but can last years and years if you buy quality.

Splurge on structural changes that are made to your home. As a Realtor I have seen the sunroom addition that 10 years later pulling away from the main home and causing major problems. Also, make sure you hire a well qualified, licensed contractor to do any structural changes to your home.

Splurge on real wood floors. I know you may not agree with this, but home buyers do love the real thing and this can be a selling point some day when it comes time to sell your home. Flooring manufactures have come up with some great products, but there is still nothing like real wood floors.

Paint is an item to scrimp on. Even cheap paint can last until the next time you want a room to be a different color. Most of us really cannot tell the difference between expensive paint and the cheap stuff, so here is an area to save money.

In the end, enjoy all of the decisions that home renovations require, but know that you do not need to splurge and buy the most expensive of everything.