Why Should You Share Your Budget Honestly with the Home Renovation Company

by | Dec 20, 2021 | Home Refurbishment | 0 comments

When getting a home renovation, kitchen renovation, or bathroom renovation, homeowners often do not share their budget honestly with their selected home renovation company because they are afraid that the company will overspend from the budget. However, an honest conversation about your budget with your hired renovation company is crucial to getting quality services at an affordable price.

Let us now discuss the top five reasons to share your budget honestly with your home renovation company. Let us learn how to make your home renovation project a success and get a great house renovation cost.

1. A professional home renovation company knows how to spend your money

As an expert in the field, a home renovation company understands what is important to your home renovation project and where compromises can be made. Let say your priority is to have amazing tiles near the cooking range. A professional home renovation company will compromise on other areas such as worktops with quartz and simple metro tiles to avoid exceeding your budget.

Minute changes to your home renovation project can significantly reduce the cost while ensuring that you get the high-quality priority services you need. For custom-made cabinetry, a less labour-intensive finish can make a huge difference in reducing your house renovation cost.

2. You can prepare well for contingencies

New-build or home renovation projects often encounter unexpected setbacks that may require more funds. So when you are discussing your budget with the home renovation company, you should give them a real number. However, it is alright to minus 10-15% from this number as an emergency fund set aside for contingencies.

This emergency fund will come in handy when unseen issues, such as a crack in the foundations or electrical consumer unit, come to the surface.

3. You will build trust

For your hired home renovation company to provide you with the best services, you need to trust them. And part of trusting them includes believing in their ability to give you a beautiful and luxurious home within the available budget.

Trust your hired company to fulfil your desires within your budget by cutting costs at other places.

Honest communication about your budget can make your home renovation project a success! So make sure you are honest about your budget with the home renovation company.

4. You will save design fee money

Think about it: you want an amazing fireplace with a concrete hearth. The home renovation company is ready to construct it for you; however, you realize it is expensive and does not fall within your budget. It means that the company will have to redesign your home and add something more affordable instead of the concrete fireplace. Redesigning takes a lot more time that could have been spent on materials instead.

If you share your budget honestly with the home renovation company, they can show you designs, ideas, and materials within your budget, saving you time and design fee money.

5. A home renovation company can make use of their trade relations with vendors

If your home renovation company knows your budget for your home renovation project, they can easily order your furniture and accessories from known vendors and get you a great discount. In this way, knowing your real budget can help the company significantly reduce your house renovation cost.

Are you looking for a reliable company for house renovation services, kitchen renovation, bathroom renovation, and more? Powerpillar is here to serve you!

Rely on Powerpillar

Powerpillar is your one-stop-shop for constructing and building your new build home and home refurbishments. Powerpillar believes in providing high-quality services for your home with its expert team members and creative innovators. As one of the most professional home renovation companies, Powerpillar knows how to stay within your budget and deliver exceptional work within strict deadlines.

So live in your comfortable dream house today! Contact Powerpillar today to get house renovation cost, kitchen renovation cost, bathroom renovation cost, and more!

Emmanuel Nwaebo

Emmanuel Nwaebo is the Managing Director at Powerpillar Ltd and has more than 25 years experience in building construction and renovations. He has a bachelor’s in Electronics and Electrical Engineering with certification in Construction Health and Safety Technician (CHST). With an experience in managing construction and renovation services for years, he is extremely passionate about property management and loves helping people find their dream property.

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