(Links in this post are affiliate links. I will be compensated when you make a purchase by clicking those links. See my disclosure page for more information)
Today’s Frugal Photo Friday challenge is to post pictures of Home and Decor. I am not much of a decorator but I am a renovator.
My husband and I spent 5 years renovating three homes two of them we purchased for under $15,000.
The name for this blog grew out of our slow renovations, and during inching forward we learned a lot about how to renovate frugally.
10 Ways Thrifty People Save Money On Renovations
1. Work With What You Have
The floors in one home were hardwood but in horrible shape and too thin to withstand a deep sanding. I decided to use deck paint and paint them all dark.
2. Buy Unfinished
Unfinished oak cabinets are one of the least expensive options for kitchens. You can paint or stain them in 1000’s of ways with just a bit of research and a few afternoons of labor.
3. Do It Yourself
A large percentage of the costs of home renovations are in the labor. My husband and I taught ourselves how to do a lot of things through books, You Tube video’s and how to sites.
4. Use What You Have
We over bought tile for one project so we used it in the next. I bought way too much paint for the first home, so we used it up in the next home.
Currently we are renovating our bathroom. The toilet and shower got done but then we ran out of money. We are making do by washing our hands in the nearby kitchen sink until we have the cash in hand to pay for the sink and its base and counter top.
7. Don’t Buy it all at Big Box Stores
We priced out flooring at a big box store and had panic attacks. Then we remembered a Lumber Liquidators ad we had seen and drove to a neighboring town to check it out. The prices could not be beat. We floored one entire small home for under $1000 and a larger home for under $2000.
Another place to look for items needed in renovations for lower prices is Amazon.
8. Purchase Discount Gift Cards and if shopping online check to see if you can get cash back.
Discount Gift Cards are available for saving of up to 8% for both Lowes and Home Depot. 8% may not seem like much but when you doing a whole home renovation 8% can quickly add up to hundreds of dollars saved. One sites we use frequently is Cardpool.
If you are buying items for renovations online, you might also want to check for an available cash back from sites like Ebates, or Top Cash Back, and don’t forget point programs that offer cash backs in the form of points that you can cash in for gift cards (often for hardware stores where you are buying materials) such as Swagbucks and Mypoints. Just a few minutes of comparing different cash back sites can save you as much as 8% off your purchase.
9. Be Creative
One home we bought was missing half its stairs and railings. My husband came up with the idea to save the remain spindles, and stairs and mix them in with new. We then hired a carpenter to do the job of blending old and new together. I painted all the stairs black and the railings white so that you could not tell which ones were old and which were new.
10. Shop Clearance
Even hardware stores have clearance sales. Items we often find are light fixtures and faucets. We have found that hardware stores change their displays twice a year, once in fall and once in spring and those are the best times to look for clearance.
How has your family saved money on renovations?
For a list of 52 different websites, apps, and stores our thrifty family uses to help us keep our expenses low, click here to visit our Thrifty Tools Resource Page.
Not Sure Where You Would Find The Time To DIY?
The Make Over Your Evenings Course will help set you up to manage your time in a way that will free up time to tackle that next renovation project–or whatever else you have been wishing you had time for. I recently took this course and although I thought I was managing my time really well I was able to free up 25 minutes each morning by implementing what I learned.
Gain time to work on that next project! Grab your copy here.