(Video) Save or Splurge? Making the Call on Your Next Remodeling, Addition, or Home Improvement Project

By Nick Matteo | February 5, 2016

It’s no secret that every home remodeling, addition, or other project comes with a budget.

But how can you make sure you’re getting the most for your money?  What features are really worth the splurge, and where does it make sense to save a little money along the way?

At How Building Services, we know that homeowners like you try to navigate this dilemma every day.  This blog will help you make the best decision on your next remodeling, addition, or new building project.  Watch the video below to get started!

Keep reading to learn more about where to spend and how to save in each room of your home!

Kitchen Remodeling

Splurge: When choosing where to invest in your kitchen remodel, focus on functionality.  If you love to cook, then investing in serious appliances makes sense.  However, if the kitchen is often a family meeting place in the midst of a busy day, spend the extra money to build an island that the whole family can sit around.  

Save: If you don’t think ahead, countertops can easily become a major expense during a kitchen remodel.  However, if you skip the most expensive and trendy options, you can usually get an attractive and functional counter.  For smaller areas, like a wet bar, ask about remnants as well.  This can be a great way to save on a more expensive look and feel!

Bathroom Renovation

Splurge: Like kitchens, when you are remodeling your bathroom, invest in larger fixtures that will be difficult to replace.  You can update your sink with minimal effort at some point in the future, but replacing the tub would be a much more extensive task.  Invest in the bathtub or shower you love now and enjoy it for years to come.

Save: Although open showers are trendy, they can quickly turn into a more expensive project than you initially took on.  Many remodelers recommend adding a half-wall to help prevent splashes.  Additionally, you will have to ensure that everything in the room is waterproof, and you may have to spend on heated flooring to help counteract the chill of an open design.  To save money, opt for an elegant, though fully enclosed, glass door shower.

Basement Remodeling

Splurge: One of the most important investments you can make in your basement remodeling project is to have excellent ceiling insulation.  After all, nothing undermines your brand new home office or theater like the sound of constant footsteps from upstairs.  This is especially true if the rooms above have a hardwood floor! Opt for a soundproof insulation and you’ll be happy you made the extra investment.

Save: If you are planning a multi-purpose finished basement–one that may serve as a gym and office or family room–put serious thought into how much division you really need.  The cost of adding walls can quickly add up; if you can work with an open concept, you can save serious money… perhaps to invest in that gym equipment or home theater you always wanted.

Exterior Renovation

Splurge: Although you don’t need to splurge on the most expensive brand names, invest in high quality windows and doors for your home.  These affect not only their appearance and the comfort and security of your home, but they can also make a BIG difference in your home’s energy efficiency.

Save: If you are willing to think ahead, you can save some major funds on exterior projects.  Consider what your future landscaping will look like and what will really be visible once it is established.  If you’re planning large hedges on your front yard, you may be able to scale back your walkway plans to something minimal.

Planning Your Next Remodeling, Addition, or Project? We Can Help!

Although thinking about resale values and a return on your investment is important, home improvements often come down to making the best choices for your home and family.  What do you want your home to be like?  What is important to you?  How can you update your home to fit your lifestyle?  

As you try to answer these questions, it’s helpful to talk with a professional.  Contact HOW Building Services today for a consultation by calling (484) 483-1690.

Have you recently finished a remodeling, addition, or renovation project?  What did you splurge on?  Where did you save?  Let us know in the comments section below!