12 Tips for Renovating on a Budget

Whether you’re renovating on a budget of £50,000 or £500,000, preparing properly is one of the keys to success.

While it might be tempting to charge in and get started as soon as possible, doing your homework and spending plenty of time at the planning phase can help save you money later on.

Here are 10 tips to help you get the best possible result.

1. Understand the building

Getting to grips with the unique quirks of the house before you tackle any renovation work is vital. This is particularly true if you are refurbishing a period property (where there are bound to be unknowns).

The current condition of the building can have a significant influence on the way you allocate money in your budget.

“One home may require substantial structural work while another only needs cosmetic alterations,” says architect Adam Knibb.

2. Employ a design professional

Although it might seem like engaging a designer adds to the list of outlays at the beginning  bringing an expert on board will ultimately help you to maximise the funds you have available.

Their years of training and experience mean your chosen professional can contribute clever ideas that you’re unlikely to have considered.

“Developing a clear and defined brief with your architect allows them to put a plan into place,” says Adam. “Each stage can highlight opportunities for saving money, as well as foreseeing potential issues that could waste the client’s budget on unnecessary work.”

Read more: Why use and Architect 

3. Identify your goals

By clarifying your aspirations at the start of the scheme, you ensure your cash is spent appropriately. When you have a clear set of priorities, you’re less likely to waste your pennies on unnecessary features.

“It’ll allow you to cut any works that are subservient,” says Amos Goldreich, a director at Amos Goldreich Architecture. “Balancing the budget and directing it towards the aspects that are important to your overall goal is the key to renovating with limited funds.”

4. Get the right surveys done

Taking your time over this stage will allow you to uncover all of the works that may be required. This saves you money on unforeseen costs later on.

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