Home Renovations: Where to Splurge and Save

a suburban house

Buying a house in Missouri is already a financial challenge in itself. Renovating a property is another. This is why before embarking in a remodeling project, you should be able to pin down how exactly you can make the most of your money. And the place to start is by knowing where to splurge and where to save.

Take this advice as you decide on your budget:

Splurge: Permanent Fixtures

The principle here is first things first. You want essentials like roofs, steel frames, flooring, and exterior cladding to go through improvements that would make them long-lasting. Splurge on adding or replacing your existing insulation. The family’s comfort is worth investing in. And don’t forget the doors and the windows. These are items that provide increased security and safety, not to mention energy savings. Get door and window installation experts in Kansas City, Missouri to do the job to ensure quality work.

Save: Trends

Watching those renovation shows would make you want to have those terrazzo tiles and vintage bulbs, but years from now you’ll probably ask yourself: “what was I thinking?” Trends come and go. What you want to do is go for timeless design elements, so you can enjoy what you’ll have for a longer period (and postpone another major remodeling that could break the bank).

Splurge: Lifestyle Preferences

Your lifestyle should dictate which areas of the house would need prioritizing, and therefore more money, for the remodeling. For instance, if your family loves to cook or bake, then splurging more on the kitchen would be a good investment.

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Save: Decorations

While intricate details of the house, like wall art and table centerpieces, shouldn’t be an afterthought as they improve the visual appeal of the space, it’s best to save on them. Remember that you would need to spend more on the essentials. The strategy in finding decorations, without compromising their aesthetics, is to go to thrift shops or visit garage sales in your neighborhood. You’ll surely find gems in there.

More than a physically taxing project, renovations are a major financial commitment. Make it count by knowing where to splurge and where to save.