Tips to cut remodeling costs without cutting any corners

If funds are tight, consider hiring a contractor to build just the exterior "shell" of your addition and then you can complete the interior finishes as funds become available.

Brent Murray

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Busting the budget is everyone's biggest fear when it comes to home renovation, and with good reason.

Even if you follow the essential advice we've been doling out for years — build in a 10 percent cushion to cover the nasty surprises, get contractor references and check them, banish the words "while you're at it" from your vocabulary — it's hard not to end up spending more than you want to.

We feel that the most realistic goal is to get the largest portion of your dream at a price you can afford, rather than getting the entire dream and ending up house poor with regrets that haunt you for years.

With the aid of savvy design professionals helping you with strategic design choices, material selection and timing, there are opportunities to cut costs without cutting corners.

While it takes big changes to save big money, the little things add up, too.

Increase efficiency, not size

When you need more space, the first thought is to add on. While some design solutions may actually need more square footage, many problems can be solved by reconfiguring the layout to make the space feel bigger and function better.

Additions cost by the square foot. An addition means incurring the cost of a foundation, exterior walls and roof, which means more labor, more materials and more expensive permits.

Moving interior walls and strategically reconfiguring existing space to accommodate your family functions will save money while potentially providing comparable results.

Take storage for example. Many families struggle with storage issues and think they need to add more space. Sometimes all they really need is some creative, more efficient storage options.

When you see the storage space you gain by replacing kitchen cabinets with fixed shelves with cabinets with fully-extending pullout drawers or shelves, you may change your mind about needing to expand the kitchen.

We have found smaller additions and bump-outs can dramatically change the look and feel of a home without the expensive cost of a larger addition. The key is to work with a professional architect to help you clearly define the problems and to optimize your existing space.

Do your remodel in phases

One way to save upfront costs is by doing your home remodel in phases. Many clients do one project a year working toward their dream home.

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Tips to cut remodeling costs without cutting any corners