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How to Stick to Your Renovation Budget


Renovating your home can be a positive and rewarding experience that may not only add value to your property, but could also vastly improves your quality of life once it’s complete.

However, it can be easy to allow your ideas to run away with you and before you know it you’ve spent your entire budget on that fridge you had to have, forcing you to put the rest of your plans on hiatus.

So to help you can create the space you’ve been dreaming of on time and in budget, we’ve gathered advice from some of Australia’s top home and garden design experts to help you achieve the maximum results, without breaking the bank.

Landscape Brisbane

Landscape Brisbane are specialists in innovative landscaping, renovation, building and design. They use the latest virtual 3D technology to allow you to see how their finished projects will look before they’re even started, which is a great idea for anyone needed to stick to a home renovation budget.

Focusing your renovation budget on your garden improves your lifestyle by becoming a hub for the family to connect and relax together. Ricky Burgess, owner of Landscape Brisbane, says that your garden will have the biggest impact on the overall environment of your home if it is well planned and designed.

Consider adding decking to create more usable space and add value to your property. Think about which plants you would like to grow to contribute to your quality of life, whether it’s for their nutritional, sensory, architectural or medicinal properties.

The key to getting the most out of your renovation budget when it comes to your outdoor space is making sure it is planned and designed well from the outset. From here, you can add elements to the design over time, spending as little or as much as you wish.

Hotondo Homes

Hotondo Homes is a family-owned business with over 70 builders located throughout Australia, in both metropolitan and rural areas. They specialise in building new homes and draw on their local insight and experience in combination with your vision to bring your dream home to life.

Hotondo Homes have built over 24,000 new homes for Australian families and recommend you focus a good portion of your renovation budget on the kitchen area. Updating your kitchen will make everyday chores and entertaining much more enjoyable.

It’s also a room that is easy to improve with minimum spending by making small changes, such as re-facing cupboard doors, installing soft-glide hinges and updating your cupboard door knobs. If you have a little more left in the budget, update the overall look with new splashbacks or bench tops.

The first step when renovating on a budget is to get accurate quotes and costs, says Hotondo Homes. From there you can prioritise by writing a list of everything you want to do and remove items from the bottom up until you meet your price point.

Ochre Painting Pty Ltd

Established in Brisbane in 2011, Ochre Painting is a team of highly professional house painters dedicated to improving the interior and exterior of your home in order to enhance your lifestyle and increase the value of your home.

In their experience, Ochre Painting says that painting the exterior of your house could add significant value to your home, with minimum outlay.

Peeling paint, blocked gutters or vegetation can become real problems if left, so the painting experts say to organise proper maintenance and restoration by skilled tradespeople before it becomes a serious or structural problem, possibly costing you a lot more, further down the track.

Getting tradespeople in to do large jobs will also save you numerous weekends worth of time that can be better spent with your friends and family.

If you’re renovating a house on a budget, prioritise the front facade, fences and gardens to maximise street appeal. Avoid unusual colour schemes as these will date quickly, meaning you have to spend out again as soon as trends change.

Marble & Ceramic Corp

Since its establishment in 2003, Marble & Ceramic Corp has become one of the major suppliers of natural stone tiles in Australia. The company also provides ceramic and porcelain tiles and has an architect and interior designer on hand to assist with the selection process.

The designers at Marble & Ceramic Corp say you’ll get the most impact when renovating by focusing on the biggest areas of your kitchen or bathroom, such as the walls and flooring.

These areas are the most difficult to change, so they suggest investing some serious budget here and then working back. The smaller the item, the greater variance there usually is in price so you can afford to be more flexible with your budget.

Another approach to help maximise your renovation budget is to allocate a considerable portion to a luxury item such as a marble island bench for the kitchen. Such an item is a timeless and beautiful fixture that could add value to your property and that your family and friends will love to gather round.

Italia Ceramics

For over four decades Italia Ceramics has been providing Adelaide’s top builders, interior designers, architects and home renovators with exclusive collections of European stone and tiles.

Their award-winning showroom has a huge range of shapes, sizes and colours to suit any scale of project and design consultants are on hand to offer technical and design advice.

The kitchen and bathroom are the two biggest selling points of a house, say the ceramics experts. They suggest first deciding on a ‘vibe’ for the space, whether you want a contemporary, urban retro or country chic look.

From there you can get creative with colour and texture on the walls and floor by using tiles to achieve the ‘wow’ factor. Tiles are great for renovations on a budget, as they are extremely hard wearing and won’t need replacing for many years.

Make sure you get your measurements right and make every centimetre of space count so that your layout is comfortable and functional.

Working with existing elements and keeping as many fixtures as possible in the same places are great ways to keep your budget down, say Italia Ceramics. Also choose reputable and transparent contractors with no hidden costs or unpleasant surprises – don’t be afraid to ask for references!

Classic Flooring

Established in 1979, Classic Flooring is now one of Australia’s top custom manufacturers and suppliers of modular and broadloom carpet. The experienced team use the latest technology and innovations to realise the visions of their customers.

The idea of renovation is to add value. As one of the first things people notice when they enter your home is the flooring, this is an important area to focus on; people expect it to be clean and stylish.

It can improve your quality of life by creating a warm atmosphere, improving the acoustics of your home and making your floors feel more comfortable underfoot. In addition, a new carpet can improve the air quality in your home by filtering the circulating dust particles.

Focus on the features that will add the most value to your home. For other elements, repair and restore where possible, and consider DIY options.

Eurowalls

Eurowalls is one of Australia’s top importers of European decorative wallpaper, murals, commercial wall coverings, fabrics and curtains, supplying both the commercial and residential markets.

This is a very personal and individual choice, but we recommend using wallpaper for high impact, particularly in the living areas and bedrooms. This can assist with personalising and updating your home, improving your lifestyle by creating a more relaxing space that reflects your style and personality.

With the right assistance it’s possible to create a beautiful space on any budget. Always mention your budget when consulting with designers and suppliers so they can come up with the best options for you.

Dr Garden

Dr Garden is a team of landscaping and horticulture experts with over 25 years’ experience of designing innovative gardens for clients throughout Australia. Their commitment to high quality work has led them to offer a Lifetime Warranty on their installation of plants, turf, decks, paving and more.

Australian gardens have become a true extension of the house, with many traditionally indoor features now finding their way outside. Many people are now having fully equipped kitchens installed in their backyards! A properly cared-for garden can improve your lifestyle by bringing you outdoors more, creating a space where you and your loved ones can enjoy spending time together.

Don’t skimp on the garden; remember you are paying for expert design and planning that will last for years to come and add value to your home. Designers should consult with you to find the best and most cost-effective solutions.

Mazzei Homes

Mazzei Homes is the luxury custom home division of the Better Living Group, a multi-award winning building firm established in 1973. They work in close conjunction with clients in order to seamlessly create the client's own vision of their dream home.

Three main areas will add value: the kitchen, main living area, and bathrooms. If these rooms are neglected and outdated, you and your family won’t want to spend time there.

Renovating these areas can improve your quality of life by transforming purely functional spaces into enjoyable, inviting areas that will encourage communal living, strengthening the bonds between you and your loved ones.

Define what needs doing clearly at the beginning, and get quotes from multiple professionals to get a realistic idea of cost. Also be prepared for emergencies by keeping some of your budget – at least 10% for small projects and 20% for larger renovations – to cover unforeseen issues.

Renovation and how to prioritise it will always be a highly personal issue. However, by defining what’s important to you clearly at the beginning, and choosing reputable contractors and suppliers, you can transform your home into a beautiful and functional space that will continue to improve your lifestyle for many years to come.

Once you’ve renovated your dream home, help to protect it with home and contents insurance through Bupa.