More Bang for Your Buck - Budget-Friendly Renovations

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More Bang for Your Buck - Budget-Friendly Renovations

Lockdowns have provided us with more time to update and improve our homes, whether to make them more comfortable places to live, or to add value before putting them up for sale or renting them out.

Not everyone has a huge budget for improvements – you may have just a few hundred dollars to work with.

Working with a tight budget can help focus on the areas of your home that need attention.

Kitchens, bathrooms and your home’s exterior are usually the first things people notice, so it’s a good idea to channel your budget to these areas.

Let’s look at some savvy ways to use your reno cash.

Paint

A fresh coat of paint can do wonders to give your home a facelift, both inside and out. Neutral colours work best, and you can add splashes of colour to front doors and window frames, or a feature wall to add interest.

There are many specialty paints available that can give a fresh look to kitchens and bathrooms. Good quality tile paint can be used on kitchen cupboards and drawers, and on bathroom tiles as an alternative to replacing tiles, which can be a costly job.

Fixtures and Fittings

 Give your home an instant lift by replacing dated fixtures and fittings such as taps and door handles. You can also do this by updating your lighting (always use a qualified electrician to install lights).

New carpet, curtains, blinds and shutters can instantly update your home and in the case of blinds, curtains and shutters, can be bought off-the-shelf, providing a more cost-effective solution.

Good quality carpet can be expensive but there are ways to make your budget go further. Buying at auction can be one way, as the auction house will have a pre-sized roll of carpet at a set price.

When shopping for carpet, buy what’s in stock – if you opt for something that needs to be ordered in, be prepared to pay more.

Experts also recommend buying the best underlay you can afford –  this will make a less expensive carpet last longer.

Replacing power-point covers and light switches can also give your home a lift.

Bathrooms and Kitchens

Full bathroom and kitchen renovations can blow your budget, so focus on one or two areas to spend your money. New taps and showerheads, a good quality mirror, updated lighting and a new blinds or curtains can give your bathroom a fresh, modern look without the cost. Consider painting tiles instead of replacing them.

For kitchens, keep the original layout and update by painting or replacing cabinet doors or giving the whole kitchen a lift with a coat of paint in a neutral colour. Paint or resurface benchtops and splashbacks instead of replacing them.  Invest in new lighting, light switches, window dressings to give an updated look, and brighten up this area with some new appliances and indoor plants.

To get more light into your home, considering installing a rooflight or skylight. The prices of these can vary greatly, so make sure you do your research and get several quotes if you are having a contractor do the work.

Kerb Appeal

The exterior of your home can make a good impression or turn prospective buyers off – improving kerb appeal can make your property easier to sell or rent. Sand down and stain or paint decks and outdoor furniture or consider painting the outside of your home . Trim back hedges, do some spring planting, weed and dig flower beds. Add some planters and pots for colour and contrast. Pressure wash driveways and clean and repair gutters.

Safety First

Always employ a certified professional to carry out plumbing and electrical jobs, and take the required precautions when doing even small DIY or renovations.

The Home Inspection Hub are the residential building inspection professionals. We conduct:

  • Pre-purchase house inspections
  • Building and pest inspections
  • New home construction inspections
  • Owner builder defects (137b) reports
  • Special purpose and renovation inspections
  • VCAT reports and expert witness
  • Contract review
  • Tax depreciation reports
  • Building dispute reports

We work throughout Melbourne, Geelong and Central Victoria.

Looking for a reputable building inspection company in Melbourne? Give us a call on 1300 071 283, email info@thehomeinspectionhub.com.au  or ask us for a free quote and see how we can assist you in line with current restrictions.