IN THIS POST:
Starting a home renovation can feel daunting. You have about 1001 decisions to make. From selecting paint colors to choosing flooring materials, every choice plays a role in crafting the perfect space that reflects your style and personality.However, with so many options available, it’s essential to determine where to save and where to splurge to ensure you get the most value out of your investment. It can be even more difficult if you’re the one meeting with trades and the vendors, having to work through all of the information and opinions to ultimately decide what is best for your family and your home.
As I tell my clients, at the end of the day, it comes down to what is important to use and where you want your budget to go. I thought it would be helpful to share a sort-of guide that explains some common areas in the home where you might want to splurge verses where it is okay to save. Remember, this isn’t black and white; But having a framework on how to think about these things can be helpful.
If there are two rooms that I believe you get the most out of your investment, they would be the kitchen and the ensuite.
The Kitchen
When it comes to home renovations, the kitchen often takes center stage. It’s where family meals are prepared, gatherings happen, and memories are made. Therefore, it’s worth considering where to save and splurge on your kitchen renovation. One area to splurge is on high-quality appliances. Investing in energy-efficient, durable appliances not only enhances the functionality of your kitchen but also adds long-term value to your home. Additionally, consider splurging on custom cabinetry. Well-crafted cabinets not only elevate the aesthetic appeal of your kitchen but also provide ample storage space, keeping your countertops clutter-free and organized.
The Ensuite
Your ensuite is your personal oasis—a sanctuary where you can unwind and rejuvenate after a long day. Therefore, when it comes to your ensuite renovation, don’t hesitate to splurge on luxurious touches that enhance comfort and relaxation. Consider investing in a spa-like shower system with multiple shower heads and built-in seating. Additionally, opt for high-quality, durable materials such as marble or quartz for your countertops and flooring.
Save on Furniture - Sometimes
Furnishing your newly renovated space is an exciting opportunity to infuse your personality and style into your home. However, it’s essential to find a balance between aesthetics and budget when selecting furniture pieces. Consider saving on furniture by opting for high-quality, yet affordable options from reputable retailers. Look for pieces that offer both style and functionality, such as versatile modular sofas or sleek dining sets. Additionally, don’t overlook the potential of thrift stores or online marketplaces to find unique, budget-friendly pieces that add character to your home without breaking the bank.
Splurge on Flooring and Cabinets
Flooring and cabinets are foundational elements of any home renovation, serving as both functional and aesthetic focal points. Therefore, it’s wise to splurge on high-quality materials that can withstand daily wear and tear while adding value to your home. Consider investing in hardwood flooring for its timeless appeal and durability. Not only does hardwood flooring enhance the warmth and elegance of your space, but it also offers longevity, making it a worthwhile investment in the long run.
Save Backsplash
While backsplashes play a crucial role in protecting your walls from splashes and spills, they also offer an opportunity to add personality and style to your space. However, you don’t have to break the bank to achieve a stunning backsplash design. Consider saving on backsplash materials by opting for affordable yet stylish options such as ceramic subway tiles or peel-and-stick vinyl tiles for a short term solution. These budget-friendly alternatives not only offer endless design possibilities but also make installation a breeze, allowing you to achieve a high-end look without the hefty price tag.
Counters - a Debate
Deciding whether to save on splurge on counters can be heavily debated. Counter materials offer such a wide range of price points. I firmly believe (as long as you do your homework) you can find a good quality, long lasting counter material for a decent price. I am impartial to natural stone with beautiful veining, and love the patina certain materials will develop over time. Other homeowners might prefer a clean aesthetic and will go for a solid color quartz product. It all comes down to personal preferences.
Save on Lighting - Sometimes
Proper lighting can transform the ambiance of your home, enhancing both functionality and aesthetics. However, you don’t have to splurge on every lighting fixture to achieve a well-lit space. Consider saving on lighting by opting for affordable yet stylish fixtures for general lighting, such as flush mounts or recessed lighting. These budget-friendly options provide adequate illumination while complementing your overall design scheme. However, don’t skimp on statement lighting fixtures for focal points such as the dining area or entryway. Investing in eye-catching chandeliers or pendant lights adds a certain type of personality to your space. .
Splurge on Finishing Carpentry
Finishing carpentry adds the finishing touches that elevate the overall look and feel of your home. Whether it’s crown molding, wainscoting, or custom trim work, splurging on these details can make a significant impact on the aesthetic appeal of your space. Consider investing in custom millwork to add architectural interest and sophistication to your home. From coffered ceilings to built-in bookcases, these elements add character to your home. While finishing carpentry may require a higher upfront investment, the added value and visual appeal it brings to your space make it a worthwhile splurge.
Save on Plumbing Fixtures
While plumbing fixtures may seem like a minor detail in your home renovation, they play a crucial role in both functionality and style. However, you don’t have to splurge on designer fixtures to achieve a polished look. Consider saving on plumbing fixtures by opting for practical yet affordable options from reputable brands. Look for fixtures with durable finishes such as chrome or brushed nickel, which offer both longevity and versatility in design. Additionally, consider choosing standard-sized fixtures to avoid costly customization and installation fees, allowing you to stay within budget without sacrificing quality. architectural interest and sophistication to your home. From coffered ceilings to built-in bookcases, these elements add character to your home. While finishing carpentry may require a higher upfront investment, the added value and visual appeal it brings to your space make it a worthwhile splurge.
Save Windows
Windows not only provide natural light and ventilation but also contribute to the energy efficiency and aesthetics of your home. While high-end, custom windows may offer premium features and finishes, they often come with a hefty price tag. Instead, consider saving on windows by opting for energy-efficient, budget-friendly options such as vinyl or fiberglass windows. These affordable alternatives offer excellent insulation and durability, helping you save on energy costs while enhancing the comfort of your home. Additionally, look for windows with low-E coatings and double-pane glass for added efficiency and soundproofing, ensuring your home remains comfortable and quiet year-round.
In conclusion, knowing where to save and splurge on your home renovation is essential for creating a beautiful and functional space that meets your needs and budget. By carefully considering each aspect of your renovation project, from kitchen appliances to finishing carpentry, you can make informed decisions that maximize value and style. Whether you choose to splurge on luxurious touches in your ensuite or save on practical plumbing fixtures, the key is to find the perfect balance between quality and affordability.