Make Kitchen And Bathroom Remodeling Costs Budgeting Simple With This 5 Practical Tips

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Make Kitchen And Bathroom Remodeling Costs Budgeting Simple With This 5 Practical Tips

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While some can well afford to buy those things that they want for their dream kitchen and bathroom, some may crash down to what is more affordable. Here are a few ways to budget your kitchen and bathroom remodeling costs. – PowerPoint PPT presentation

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Title: Make Kitchen And Bathroom Remodeling Costs Budgeting Simple With This 5 Practical Tips


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Ottawa Tile
Make Kitchen And Bathroom Remodeling Costs
Budgeting Simple With This 5 Practical Tips
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  • While some can well afford to buy those things
    that they want for their dream kitchen and
    bathroom, some may crash down to what is more
    affordable. Here are a few ways to budget your
    kitchen and bathroom remodeling costs.

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  • During the first stages, a home remodeling
    project can be really fun and exciting. Things
    like pinning some inspiration photos to get some
    cabinet style, flooring, painting palette, and
    bathroom tiles ideas. You get to imagine how you
    want your kitchen and bathroom would like after
    remodeling. And then, here comes the budget.
    Regardless of whether you have enough or limited
    funds for the project, you will still have to
    allocate a certain amount for each of the costs
    needed to complete the project. Here are some
    simple ideas that can help you budget your
    kitchen and bathroom remodeling costs.

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Set the amount that you are willing to spend and
stick to it
  • Setting and deciding how much you are willing to
    spend for remodeling and sticking to it is easier
    said than done. In setting a budget, you need to
    consider some factors. One factor to take into
    consideration is your finances. This will help
    you determine whether you can afford to carry out
    an upscale remodeling or not and know how much
    you can really afford. Another factor is the
    length of time you intend to live in your house.
    Are you planning to sell your house within three
    years or so? If yes, think of the renovation as
    an investment. That means, only set a budget that
    you think you can get back the moment you get
    your house sold. On the other end, if you plan to
    live in the house for a lifetime, consider a
    remodel project that will make you feel more
    comfortable living in your house.

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Break down your budget
  • Now that you already know your budget, the next
    puzzle that you need to solve is the breakdown of
    the entire budget. Most often, the labor cost can
    range from 20 to 35 of the total budget cost.
    On average, kitchen and bathroom remodeling
    project can have a cost breakdown of
  • 30 percent for the cabinets
  • 25 percent for the labor
  • 20 percent for the appliances
  • 10 percent for the windows
  • 5 percent for the fixtures
  • 3 percent for the fittings
  • 7 percent for others

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Keep the 20 of the budget for the unexpected
  • Sometimes, you can't just get rid of unexpected
    costs. To be sure that you can stick to your
    budget even if something unexpected came up, be
    sure to allocate at least 20 of the budget for
    the unexpected circumstances.

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Hiring contractor for small projects
  • Decide whether you will hire a contractor to do
    small projects or do them yourself. Demolition
    jobs like taking out flooring, rearranging
    appliances and dismantling old cabinets are among
    the simple and small projects that you can do
    yourself.

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Prioritize what needs to be renovated first
  • Decide on what is the most important and what
    needs to be renovated first. Do you need to get
    new appliances? Upgrade your floor tiles? Install
    new cabinets? List down all the things you want
    to improve and prioritize them. This is to ensure
    that you still get to complete the most important
    in the list even if there are unexpected costs
    that may hit your budget.

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CONTACT US
  • E-mail info_at_ottawadiamondflooring.com
  • Phone (613) 706-7726
  • Address 42 Colonnade Road North, Suite 500,
    Nepean, Ontario K2E 7J6
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