Ways to save money on your BTO or resale home renovation

By Admin , Sep 02, 2021
Ways to save money on your BTO or resale home renovation

If shows like “Extreme Makeover: Home Edition” and “The World’s Most Extraordinary Homes” are on your watchlist, you probably have an idea of how you’d like your dream home to look.

Renovating your BTO or resale home is supposed to be a rewarding experience. After all, you get to design the very place that you live in. But the truth is, the price tag that comes with the home renovation can be daunting.

Let’s face it: adulting is real—and really expensive too. So why not save some backs where you can? Here are some ways you can save some money on your home renovation while still achieving your dream home.

Tip # 1: Plan a budget and stick to it

All good journeys start with a plan. Before you embark on your home renovation journey, be sure to plan your budget carefully. Decide on how much money you can realistically set aside for your renovation costs. That includes everything from hacking, masonry, carpentry, electrical, and piping works (Pro tip: Click here to get a good gauge of the expected costs).

Also, remember to take into account unexpected expenditure—you never know what could happen at the last minute.

After deciding on a ballpark figure, track your spending to make sure that you know what you are going to be spending on. There are plenty of budgeting apps that help you to do just that!

Tip # 2: Choose loose furniture over built-in ones

In a bid to save space, many homeowners opt for built-in furniture. Unfortunately, this space-saving option isn’t cost-saving. In fact, because built-in furniture is typically custom-made, you’ll have to fork out a hefty sum to cover the costs of design and workmanship that goes into each piece of furniture.

Compared to built-in ones, loose pieces of furniture are generally cheaper. What’s more, if you’re planning on moving to a newer place in a few years, you can bring your loose furniture along—just be sure to work with interior designers who can pick out timeless pieces for you.

Tip # 3: Take the minimalist approach

Singapore interior designers will be all too familiar with the buzzword of the past few years: minimalism. Fortunately for us, this trendy style is great for our wallets too.

Minimalist interior design focuses on function, form, and simplicity, and excludes things that are overly conspicuous and showy. With only the essentials, this method of styling your home tends to be less expensive and easier to achieve. Besides, cleaning your home will be so much less of a hassle! The perks are plentiful.

Tip # 4: Choose vinyl flooring

Because of its relatively inexpensive price (less than $10 per square foot) and easy installation, vinyl is fast becoming a popular choice among homeowners. Despite its low cost, vinyl is known to be durable and easy to maintain. You can even have them designed in multiple ways. So, if you’re looking for a realistic hardwood or stone alternative, vinyl is a great option. Talk about versatility!

Tip # 5: Reuse and refurbish

Sometimes, old is gold. Instead of tossing out that old cabinet, consider giving it a makeover. A fresh coat of paint can bring an old piece of furniture to life. If you don’t have any furniture to refurbish, check out forums and platforms that allow users to sell second-hand items. Oftentimes, users sell almost brand-new items at a good price. You can even try your luck on platforms like Carousell and Olio for free items that are good as new. You’ll have to arrange for your own delivery, but that’s a small sacrifice.

Tip # 6: Work with a professional

If all the above sounds too overwhelming for you, consider working with a professional. Building your dream home can be a breeze with the right interior designer, renovation package, and renovation contractors. Instead of sourcing for a separate contractor each step of the way, you’d be surprised how much money you can save with the packages that are offered.

In conclusion, above are the few useful tips to help you save money on your BTO or resale home renovation.

At Renodots, we believe in providing realistic quotations that give you an accurate estimate of your renovation cost. With the right interior designer & renovation package - building your dream home is that hassle-free; all it takes is a few clicks!