Home makeover tip. Budget control.
BUDGET – how do you control this so that the total cost stays within your limit?
•Agree a budget that you’re all happy with
•Keep 10% for contingency
•Use a spreadsheet before you start, allocating a planned cost for everything
•Keep the spreadsheet updated with real costs
If the makeover is for selling purposes…
•Balance the investment with the impact it will have on the sale of the house
Before – the majority of the budget for this house had to be spent on the kitchen.
After – with careful budgeting there was still enough money left for other parts of the house.
Before – this kitchen just needed organising, no money was required
Before – this bathroom was one of several projects in this house that needed finishing. With careful budgeting and the homeowners doing the work themselves, all the projects were completed.
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