The basement may be one of the spaces in the home that doesn't get as much attention as it deserves. As a result, it may be left unfinished and generally ignored to the point that it gets damaged. Don't let yours end up like this; instead, remodel it and turn it into a useful, livable space! The best news in this case is that a basement remodel doesn't have to break the bank since there are ways to make this project quite affordable. Here are four practical ways to make your basement remodel effective at an amazing price.
1. Thrift What You Can
While remodeling, you'll likely need to buy various items for the space. This includes furniture, decor, and area rugs, among others. These items don't have to be brand new because you can get quite beautiful and functional pieces from thrift stores and garage sales. That said, take your time while shopping; don't just buy the first items that you come across. Take your time and only put your money into pieces that will serve their purpose well.
Doing this can allow you to have more money to put towards things for which there's no possibility of lowering the price significantly, such as labor for construction services. This is because you may want to hire experts so that you can get the best outcome. On this note, keep in mind that converting the basement to a living area is actually among the top four interior remodels that you can do in terms of the return on investment, according to The 2022 Remodeling Impact Report.
2. Find Tasks You Can DIY Safely
Next, you should make a list of all the tasks that need to be done and then look for some that you can do safely yourself. This is a great way to save money since the experts you hire are going to charge you for every single task that they do. Some of the projects that you can safely handle yourself include demolition, clean-up of demolished parts, and even painting. To do a professional job in terms of painting, keep in mind that when picking a color, you ought to start by choosing three colors from existing objects in the space, according to This Old House. If you can pick the best colors and use tips from the internet to paint the basement, you'll discover that it can be an easy project to complete by yourself.
In the U.S., 65% of the people who rent self-storage have a garage in their home, while 47% have an attic and 33% have a basement. This implies that Americans generally have more things than their houses allow them to keep! Don't be a part of this group, but instead, de-clutter and dispose of anything that you no longer use, or that doesn't work. You can sell or donate items that work and recycle those that don't so that you have ample room in your home, something that can help you get started with frugal living.
4. Divide the Project Into Phases
Last but not least, you don't have to work on the entire project from top to bottom all at once. You can divide it into several phases, and you'll have time to recover financially between one project and the next one. As a result, you may find it more manageable to get the basement of your dreams without too much financial strain.
In these four ways, you can successfully prepare to do a basement remodel that's going to be budget-friendly. You can find some additional tips by looking into the details of what people who practice frugal living do. This can help make many more home improvement projects manageable for you.