The Number One Tip for Saving Money on Multiple Remodels

If there are multiple areas of your home that you want to remodel, your first instinct is probably to spread your projects out over time. For instance, say your plan is to take care of the kitchen remodel this year and leave the basement finishing for next year. Or, perhaps you’ve been planning to start a new second story addition, but plumbing issues in your bathroom cause that remodel to take center stage. Most people would assume the financially smart move would be to tackle one remodel at a time and save up in between.

However, in reality, taking on more than one remodel at a time can actually be much more cost effective—especially if you are absolutely certain that you will eventually remodel multiple rooms. Here’s why.

2 Reasons Why Consolidating Your Remodel Projects Will Save Money

Combining fixed costs

No matter what type of remodel you’re tackling, there are certain fixed costs that you’ll always have to include in your budget:

· Permits

· Labor time to secure permits

· Construction debris receptacles

· Inspection cycles

· Site visits by your construction team

· Portable toilets for construction team

· Dust and floor protection

When you combine projects, you can take care of all of your fixed costs at once, rather than having to repeat the same expenses a second time around.

Labor performed in parallel

The biggest cost savings of consolidating projects comes from the ability to perform labor in parallel. For instance, one worker can install tile in the bathroom and another can paint the walls in the kitchen—all while the project leader oversees both operations. This allows for increased efficiency with added coordination and pooled resources.

So, next time you’re budgeting for a big remodel, consider exploring consolidation options and see how much money it could end up saving in the long run. Plus, in addition to saving money, you’ll also get the home of your dreams much sooner than you originally planned.

For more information on remodeling costs in Northern Virginia, download our free guide.