Top reasons why people go over a budget!

Tom from Elite Building & RenovationsUncategorizedLeave a Comment

Never go over budget again! Here’s a guide

Always remember to PLAN!

Renovating your home is an exciting process but it is important to take a step back from the perfect image in your head and determine what is an achievable outcome for you.

It is essential to ask the appropriate questions at the beginning of your renovation in order to avoid blowing your budget on day one. Fortunately, Elite Building and Renovations come to your home and sit down with you to answer any concerns. This is where the planning stage is essential. Have your list of questions prepared and seek advice on anything you are unsure of.

Ask yourself what actually do you want changed and is it practical? You may love an open kitchen floor plan but is it possible with the current fixture of your house. Will this increase the cost of the budget too much? Better to know now than later.

Don’t GUESS the cost!

Research is a fundamental element to ensure you don’t go over budget. Be sure to ask for an itemised list that includes a quote for each product/service. It is important to note that you should also research your chosen builder to ensure they’re eligible and capable of completing the job to your standards. This has been discussed in an earlier blog:

There comes a point where preparation and research online can only take you so far. This is why the ‘selection process’ is such an important stage. Elite Builders provide you with the opportunity to see the products you have chosen in person and how they come together.

It doesn’t MATCH!

Everyone’s nightmare is that you pick the perfect individual pieces but when it all comes together it doesn’t align and it’s too late. To prevent this costly mistake, it is recommended to seek advice from an interior designer. Elite Builders do offer a service in which their in-house designer reviews the entire plans and provides recommendations on whether the design follows a theme. 

Always save a few extra DOLLARS!

It’s always best to save a little money aside for those ‘invisible expensive’. Typically, in-home renovations nothing runs perfectly, and unforeseeable issues may arise. Such as a material change or an extra few days labour would result in more money being spent. Therefore, including this in your budget at the beginning will help make sure you stay on track!

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