Keeping Your Renovation Dreams and Your Budget Aligned

Staying On Track

If you have long been dreaming of renovating your home and you are finally about to take the plunge, it’s easy to get carried away with ideas. After all, you probably have online pinboards and real-life binders filled with pictures and articles that have inspired you for months or even years. It is, however, important to understand that your budget may not perfectly align with the notions you have for your space.

This guide will help you balance what you want and what you can afford. When all is said and done, your goal should be to create a beautiful, functional home for your family without going into debt. Keep in mind that you will be much happier if you stick to your budget and still manage to achieve your design goals; nobody likes overspending once a bit of time has passed.

Draft your dream design plan.

Once you’ve chosen a company, sit down with him or her and mock-up your dream design plan. This might seem counterproductive, as it will only serve to remind you of things and features you may not be able to have, but it will be incredibly helpful to your design professional. By seeing everything that is included in your dream house, he or she will be able to hone in on what your priorities really are and try to give them to you while sticking to your budgetary restrictions.

Go over your budget.

After you have shared your ideal vision for your home with your contractor, it’s time to get down to the nitty-gritty. You’ll have to discuss your actual budget. This doesn’t have to be as miserable as it sounds. Rest assured that your contractor or the sales representative will have some great ideas for how to achieve your dreams without sacrificing your bank account in the process. He or she may even be able to get some contractor or materials discounts that will help along the way.

Furthermore, remember that you aren’t locked into the first quote you get from a general contractor. As a matter of fact, meeting with at least three professionals before you make your final choice is encouraged.

Hone your design plan.

Once you’ve gotten estimates, you will have to begin making some decisions about what your remodeling project will actually entail. Maybe, for instance, you had originally wanted to wrap your porch columns in cedar, but because these would be much more expensive, you ultimately opt to scale back and wrap them in a PVC like material and cap them instead.

At Hatch Homes, we love working with clients to create one-of-a-kind spaces for families to call home. If you are about to embark on a major renovation, we sincerely hope you will contact us so we can meet with you about your project. We are proud of the work we do throughout Virginia and the Carolinas, and we know you will be fully satisfied if you choose to let us handle your job!

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