3 Easy Ways to Increase Your Renovation Budget
With Americans spending much more time at home over the last year, it is no surprise that many are choosing to renovate their spaces. Remodeling any space can get expensive, really fast. Homeowners are always looking for ways to cut costs and increase their renovation budget to maximize their buck. Thankfully, there are a few simple ways to significantly expand your budget while also helping the planet and your community simultaneously!
1. Deconstruction Provides Tax Benefits that Increase Your Renovation Budget
Not many people know you can utilize deconstruction to provide a significant tax deduction. If you have a larger renovation project, like a kitchen or a large section of your home, or any project that could yield many donated materials, deconstruction is a great choice to save you some money. By presenting the used building materials, you can add that value to your renovation budget, providing you with some wiggle room to upgrade your appliances or purchase higher-quality new materials.
2. Purchase Refurbished Instead of New
When you want to give your home a new look, it doesn’t always have to be through new items. Think outside the box instead of purchasing brand-new furniture, cabinetry, or other items. There is a large market for discounted refurbished materials that can give your space a unique twist without the new price tag. When you save money in one area, you can add it elsewhere. For example, distressed wood is an eco-friendly and modern alternative that can be utilized for everything from an accent wall and flooring to furniture!
3. Hire a Knowledgeable Contractor
An incompetent contractor can cost you a lot. Getting the most for your money can come from hiring the right person to help lead your renovation. Highly experienced and connected contractors know where to get the best deals, complete projects right the first time, and need little oversight. Before you jump into a renovation, interview several contractors and try to get personal referrals from other homeowners. The last thing you want is to have to pay twice for the same job.
Are you looking to renovate and want to know if deconstruction can save you money? Call Green Donation Consultants today at 800-870-3965 to speak with our team.