How to Cut Your Renovation Costs in Half

Renovations are a dream for many Perth homeowners, but the reality of high renovation costs often turns them into a daunting challenge. If you’ve been searching for practical ways on how to reduce renovation costs, you’re not alone. Renovation budgets have been under pressure as home renovation costs in Perth continue to climb, making it crucial to approach your renovation strategically.

According to the 2023 Australia Houzz & Home Study, the average renovation spend in 2022-2023 hit $35,900—a 16.67% jump from the previous year. Surprisingly, it’s not just older homeowners investing heavily in renovations. Younger homeowners aged 25-39 are spending even more, with an average of $37,500 per project. This upward trend highlights the importance of finding effective ways to stretch your renovation dollar without compromising on results.

In this guide, I’ll share proven tips to help you cut your renovation costs in half. From smart product selection to practical budgeting advice, I’ll draw on years of experience working with Perth homeowners to help you achieve your dream home for less. Read on to discover actionable strategies to transform your space while keeping your renovation budget firmly in check.

Key Takeaways

• Careful planning, setting a budget, and identifying priorities are essential steps to reducing renovation costs.
• Obtaining at least three quotes from recommended tradespeople can help find cost-effective services and possibly uncover further savings.
• DIY tasks, such as demolition or painting, can lower labour costs and stretch your renovation budget.
• Opting for smart product choices, like updating a splashback or benchtop, can refresh a kitchen without a full renovation.
• Avoid moving plumbing or electrical fittings in bathroom renovations to significantly cut costs.
• Choosing durable, low-maintenance flooring, like tiles, is a cost-effective solution for both aesthetics and longevity.

How reduce home renovation costs

In my experience, planning things in advance is the best way to reduce home renovation costs. Proper planning allows you to determine what issues to address and what to leave out of your renovation.

The first step in planning is to set a budget and list items to purchase. While this may seem obvious, you’ll be surprised that many people simply jump into renovations without planning. Don’t make this mistake—always determine what you need and can afford before starting your renovation.

Also, before you hire your tradies, always get at least three quotes from recommended tradesmen and look beyond the bottom line. The right tradies may even be able to offer you helpful suggestions to cut costs even further. You can also consider doing certain parts of the renovation to save money. By following these simple tips, you’ll save and reduce renovation costs.

Reduce renovation costs through smart product selection

When you’re out buying renovation products in Perth, you can reduce renovation costs dramatically through smart product selection. Smart product selection basically means knowing where to splurge and where to cut back costs when choosing products for your renovation.

If you’re renovating your kitchen, know you’ll need big-ticket items. However, by simply updating your splashback or benchtop, you can give your kitchen an all-new look without having to undergo a complete renovation. You can also make your kitchen more functional with some smart kitchen appliances.

Try not to tamper with your plumbing or electrical fittings for bathroom renovations. This will save you a lot of money. And, to give your bathroom a fresh look, consider replacing just your vanity with a modern style from our range or simply update your vanity top with a modern stone vanity top for a cheaper upgrade. You could also add towel rails, new bathroom tapware, and other bathroom accessories to spice things up.

If you need to update your flooring, always choose durable flooring that requires little maintenance. Tiles are the go-to option for flooring, and they come in every design, style and colour you can imagine.

Here, at Ross’s Discount Home Centre, you’ll find everything you need for a cost-effective renovation in Perth. We keep in stock kitchen appliances, benchtops, splashback tiles, bathroom vanities, bathroom accessories, and a range of tiles. Our products meet all Australian standards of quality and safety and are manufactured to the highest quality standards. Moreover, our products are available at incredibly competitive prices—far cheaper than Perth retailers.

Conclusion

Renovations in Perth are anything but cheap. However, there are certain things you can do to cut your renovation costs. Planning things carefully, setting a budget, and choosing the right tradies can help reduce costs significantly. You can cut renovation costs even further by choosing products smartly.

There’s no smarter way to shop for renovation products in Perth than to head to Ross’s Discount Home Centre. To check out our vast selection of products, visit our online store or drop by our showroom in Guildford today!