Introduction:

Home remodeling can be an exciting time for a homeowner. As exciting as it can be, it can also rack up quite the bill. The average cost to remodel a home in 2022 is between $19,800 to $73,200 – that’s a significant amount for remodeling costs!

When it comes to a home remodel, we know firsthand how quickly the home remodeling cost can skyrocket. We’ll be honest here: while there are certain aspects of a remodel project that are without a doubt going to be, well, expensive – there are other areas where you can definitely save some dough! And who doesn’t like saving money?

We also want to clarify what it means to splurge. Splurging doesn’t always mean spending more money (though you can). You can 100% stay on budget and still splurge.

Splurging can mean you move money from one part of the project to another part that’s more meaningful to you or to an area that will add more value to the home. It can change because your home remodeling ideas have changed during the process.

A similar concept always applies to saving. This doesn’t mean you have to skip something entirely (though you can). This could simply mean finding a more cost-effective alternative for your new home design project. 

So, before you begin your next remodel project, take a look at this list where we’ve outlined when you should spend a little extra and when you can cut some costs!

In this post, we are covering three main areas of your home that you can splurge or save: 

1. Your Kitchen
2. Your Bedrooms
3. Your Living Room

1. Kitchens

• Splurge: Countertops

Countertops go through a lot. Food is spilled and splashed on them, and things are dropped on them. For your kitchen remodel, it is important to choose countertops that are durable and that you love. Why? Because swapping out countertops is no easy (or cheap) feat. 

• Save: Appliances

The technology in refrigerators, dishwashers, cooktops, and ovens is continuing to improve every year. While there may be more high-tech features in more expensive appliances, it is possible to find lower-cost appliances that are maybe only a few years old. The change in technology may seem small, but you’ll definitely notice the price difference and the kitchen remodel cost will be lower.

2. Bathrooms

• Splurge: Water Fixtures

The options for faucets and shower heads are virtually endless. Our number one piece of advice here when you are renovating your bathroom is to choose fixtures that are long-lasting. Go for quality material in your diy bathroom remodel. Similar to kitchen appliances, skimping here could lead to repairs that cancel out any upfront savings. 

• Save: Flooring

Bathroom floors need to have one main feature: slip resistance. They don’t need to be the same material as what’s in your kitchen or living room. Focus your attention on flooring that is safe and durable – but avoid comparing it to the flooring throughout the rest of your home when working on your bathroom renovation.

3. Living Rooms

• Splurge: Flooring

This probably comes as no surprise when thinking through your living room design. Your living room attracts a lot of foot traffic and is where guests will spend the majority of their time. Not to mention those sofa and coffee table legs that can easily scratch. That said, you’ll want to invest in flooring that can stand the test of time. 

• Save: Light Fixtures

Shop around! Whether you are looking for modern living room ideas or small living room ideas (and more), you can find tons of beautiful and unique secondhand light fixtures at places like consignment shops. While you should definitely keep your style and aesthetic at the forefront of your mind, you don’t need to spend an arm and a leg on light fixtures. Plus, it’s likely that your light fixtures won’t be touched often, which means they’ll last!

Ultimately, your living room interior design style all boils down to your lifestyle and what’s most important to you. Splurging doesn’t mean you have to spend thousands more on the total project cost – you can simply reallocate funds from different parts of the project.

On the flip side, saving is not the same as cheap. If there’s an aspect of the project that isn’t high on your priority list, there are ways to incorporate cost-saving alternatives that will still yield stunning results.

If you’re ready to get started on your next remodel project, drop us a line – we’d be thrilled to work with you!

Conclusion:

In this post, we covered three areas of your home remodeling project that we recommend you can splurge or save. 

These three areas we outlined are:

1. The kitchen
2. The living room
3. The bedroom