Is it really possible to get everything you want in a remodel for the best price? Aren’t the two things mutually exclusive? Admittedly, it’s a bit of a balancing act, but with a bit of forethought and planning you can end up being very happy with both the results of your remodel and with the money that you spend. Let’s take a look at how to make that happen.
Set Realistic Expectations
It’s easy to get caught up in the excitement of remodeling your Naples home. Home Improvement shows on television often feature fantastic finishes and appliances that are incredibly enticing. But often those shows don’t talk about just how much those items cost. A Sub Zero freezer or a six-burner Viking range may be impressive to look at, but they’re very expensive. You can’t expect to get them for the same price that you’d pay for a conventional side-by-side refrigerator freezer or a traditional oven/range. The same is true for flooring, or custom cabinets for your kitchen. Do a bit of research so that you have an idea of what things really cost and set your budget accordingly. Here’s a helpful article that walks you through how to budget for your project.
Splurge for What You Really Want
Remember that you’re not remodeling to save money. The idea is to get more of what you want and not pay for things that don’t matter as much to you. If there is something you really want to have to enhance your comfort, convenience, or safety, you need to be willing to pay a bit more for that. It will be worth it in the long run. But that may mean spending a bit less on some other things that don’t matter as much to you. Here’s a look at areas where you may actually want to spend more because of the benefit you’ll receive.
Make a Plan and Stick To It
One key to getting the most benefit for the least amount of money is to have a great plan that addresses your wants and needs—and then to stick to it. Constantly adding to your plan can cost you a lot of money. The same is true of making changes once construction has started (here’s a post that looks at both of those issues). This is one reason we at Reed Design-Build put so much emphasis on the planning stage of the remodeling process. We work with you to make sure your plan reflects what you really want—and we don’t rush it. That helps you avoid costly changes down the road.
Look for Cost Savings That Don’t Compromise Quality
Not every improvement to your home has to be costly. There are things you can do to improve your home without spending a lot of money. Take a look at this post that highlights cost-conscious upgrades that deliver a lot of value for a smaller investment.
Differentiate Between Cost and Value
There are some things in the remodeling process that definitely cost more up front. But it’s important to differentiate between cost and value. As an example; a low-end vinyl floor costs a lot less than a hardwood floor. The hardwood floor, however, will look much better and (with proper care) will last far longer than the cheaper vinyl floor. Not only will you enjoy the hardwood floor more—you’ll also enjoy it longer. And on top of that, you won’t have the added expense (and inconvenience) of replacing it. Here’s another article about the importance of balancing cost with value when remodeling.
Maybe the real question isn’t whether you can get everything you want for the best possible price. Instead, focus on what’s really important to you (value) at a fair price. Then you’ll enjoy your Naples home for years to come!