Prioritizing Home Improvement Projects on a Budget

  • 11 Apr, 2022
  • 1 Comment

In a perfect world, home remodels would happen overnight. You’d wake up one morning to find your home transformed without having to deal with the hassle of planning, budgeting, or living through construction. However, we don’t live in a perfect world. And, if you’re like most homeowners, you probably have a never-ending list of home improvement projects that you’d like to get to but don’t have the time or money for. Feels overwhelming, right? 

Project Spotlight + Featured ImagesWe’ve got your back. The Louisville Handyman + Remodeling team has been helping clients who may be feeling overwhelmed by house renovations for 20 years, with the customer reviews to show for it. We’re happy to share our knowledge with you, so keep reading for four steps to prioritize your renovation to-do list and budget. We’ll tell you what order to do a home renovation on a budget, what things to expect when you’re remodeling, and how to get the most bang for your buck!

1. Assessing Your Needs

Knowing what you need is an essential ingredient to planning any home improvement. So before you do anything else, take a moment to tour your house and think about your daily routine. Is there a frustrating backup in the bathroom every morning because too many people are trying to use it all at once? Then maybe you’re due for a bathroom remodel or addition. Is your kitchen overflowing with pots and pans? Try adding a pantry or expanding your cabinetry. While you’re at it, identify functional problems — such as doors that don’t close or drawers that collide — and check for any structural issues (it’s advisable to contact a professional for help with this). Finally, ask yourself what areas of the house you spend the most time in and whether you want to dedicate a home improvement project to make them a more enjoyable space. 

2. Knowing the Financials 

Next, it’s time to take a look at the financials. Start by getting local cost estimates for the remodeling projects you’re considering. For a place to start, check out Remodeling Magazine’s 2021 Cost vs Value Report, a localized guide that gives you estimates for various types and qualities of home improvements. 

Then take a look at your finances to see how much you can spend on home improvements now and estimate how much you’ll be able to spend in the future. If you’re considering bigger home improvements, such as an addition or multi-room renovation, you can also take into consideration financing options. Take your time here because this information is crucial in the next two steps. 

3. Consideration & Prioritization

By now you should know what you can afford and what you’re trying to accomplish. Next, you need to figure out how you’re going to get it done. This can be a daunting part of the process. You might be wondering where to start when updating a house or how to prioritize home improvement necessities. And if you are, know the hardest part is not getting overwhelmed. There are a lot of moving parts, but you can start to sort through them based on your priorities and several important considerations we recommend you take into account:

  • Structural or Safety-Related Repairs. These repairs are essential to the wellness of your home and family and should be among your highest priorities. Plus, catching structural repairs early on, before the damage is too severe, can save you lots.

  • Finances. Remember when we said you’d need to have a solid assessment of your financials for the next part? Well, here we are. Take a look at what you can afford now and see which of your top priorities you can tackle with those funds. And don’t be discouraged if you have a bunch of priorities you won’t be able to get to for a while. In the next step, we’ll go over making a plan for future projects. 

  • Life Disruption. The larger the home improvement, the more likely it is to cause a disruption in your life. Consider what time of the year is best suited for such a disturbance and what level of disruption you’re willing to tolerate at this point in your life.

  • Return on Investment. ROI should be one of your main considerations when it comes to how you prioritize home projects. The Cost vs Value report also includes information on the ROI for local remodeling projects, but generally speaking, kitchen remodels, exterior improvements — such as window, garage door, or siding replacements —, outdoor living area additions, and bathroom remodels tend to yield high ROIs. However, ROI is influenced by locale, so it’s a good idea to talk to a real estate agent about which home improvements will help you get the most money back for your investment. 

With these considerations, as well as your home improvement needs (from step one), in mind, you can decide which projects to focus on first and which to save for later. But more on that in the next step. 

4. Making a Plan 

This is the part where you put together all the information you’ve aggregated in the last three steps and make a plan. A lot of people want a clean and clear home renovation “order of work” or “remodel order of necessity.” But the truth is, there is no set order of remodeling a house. You have to decide the sequencing of your home improvement projects based on your finances, needs, and all the other factors we’ve discussed in this article. 

But, if you did your work in the first steps, making a plan shouldn’t be too difficult. You should already see certain priorities standing out, now you simply have to align them with your finances and schedule. We encourage you to make a five-year home improvement plan, especially if you have a lot of home improvement projects on your to-do list. A long-term plan allows you to do a project here and there while saving up money in between. 

Need Help With Your Home Improvements? 


Even armed with the most thorough research and industry-tested advice, completing home improvement projects can be difficult and sometimes you’ll need a little help. At Louisville Handyman and Remodeling, our services range from kitchen, bathroom, and whole-home remodeling to gutter cleaning, painting, plumbing, and more. Our experienced team will make things easy while providing quality results and a finished product you’ll love!

 

Handyman Checklist Solved With Handyman Services In Louisville Kentucky

Elevate Your Home's Value: Smart Renovations for Maximum Return
Your home is not just a place to live; it's also a significant investment. Whether you're looking to sell soon or simply want to increase your property's worth, strategic renovations can be a game-changer. In this comprehensive guide, we'll delve into actionable tips on how to boost your home's value through targeted renovations that yield maximum return on investment. Start with a Plan: Before swinging any hammers, take the time to craft a comprehensive renovation plan. Assess your home's strengths and weaknesses, prioritize areas that need attention, and set a budget for each project. A well-thought-out plan will help you stay organized, manage costs effectively, and ensure that your renovations align with your overall goals. Upgrade the Kitchen: The kitchen is often considered the heart of the home and a major selling point for buyers. To maximize your home's value, invest in high-quality appliances, modern cabinetry, and sleek countertops. Consider adding a center island or upgrading the lighting to enhance functionality and aesthetics. Upgrading the kitchen can yield one of the highest returns on investment in terms of home renovations. Revamp the Bathrooms: Bathrooms play a crucial role in a home's appeal and can significantly influence buyers' decisions. To add value to your home, focus on updating outdated fixtures, refreshing the tile, and enhancing the overall look and feel of the space. Consider adding luxury touches like a rainfall showerhead, a freestanding bathtub, or heated flooring for added comfort and allure. Boost Curb Appeal: First impressions matter, and the exterior of your home sets the tone for potential buyers. Enhance your home's curb appeal by investing in landscaping, adding a fresh coat of paint to the front door, and replacing worn-out siding or roofing. Simple yet impactful enhancements to the exterior can make your home stand out and attract more interested buyers. Increase Energy Efficiency: In today's eco-conscious world, energy-efficient features are highly desirable among homebuyers. Consider investing in upgrades that improve your home's energy efficiency, such as installing energy-efficient windows, upgrading insulation, and investing in a smart thermostat. These upgrades not only add value to your home but also save you money on utility bills in the long run. Create Versatile Living Spaces: Make the most of your home's square footage by creating versatile living spaces that cater to modern lifestyles. Convert unused rooms into functional spaces like home offices, gyms, or entertainment areas to appeal to buyers' diverse needs. Open-concept layouts are also popular, as they create a sense of spaciousness and flow throughout the home. Pay Attention to Details: When it comes to increasing your home's value, it's the small details that can make a big difference. Invest in quality finishes, such as hardwood flooring, granite countertops, and stylish hardware, that add a touch of luxury to your home. Pay attention to lighting, adding both task lighting and ambient lighting to create a warm and inviting atmosphere that potential buyers will love. Strategic renovations can significantly increase your home's value and make it more attractive to potential buyers. By focusing on key areas like the kitchen, bathrooms, curb appeal, energy efficiency, and creating versatile living spaces, you can maximize your return on investment and elevate your home's overall appeal. With careful planning, attention to detail, the right renovations and the right team, you can transform your home into a valuable asset that stands out in the competitive real estate market.
How to Choose the Right Flooring for Your Space
When it comes to home remodeling, few decisions are as significant as choosing the right flooring. Not only does flooring play a crucial role in the aesthetic appeal of a space, but it also impacts comfort, durability, and maintenance. With a plethora of options available in the market today, finding the perfect flooring for your space can be overwhelming. To help guide you through this process, we've put together a comprehensive guide on how to choose the right flooring for your home. Types of Flooring: Hardwood: Known for its timeless elegance and durability, hardwood flooring adds warmth and character to any space. With proper care and maintenance, hardwood floors can last for decades and even increase the value of your home. Engineered Wood: Engineered wood floors offer the perfect blend of beauty and durability. Constructed with multiple layers of wood veneer glued together, they withstand fluctuations in humidity and temperature better than solid hardwood. Plus, their versatility allows for installation in areas where solid wood might not be suitable, like basements or over concrete slabs. With a wide range of finishes and styles available, engineered wood floors provide timeless elegance for any space. Tile: Available in a variety of materials such as ceramic, porcelain, and natural stone, tile flooring offers unmatched durability and versatility. Whether you prefer the classic appeal of subway tile or the rustic charm of slate, tile flooring is an excellent choice for high-traffic areas and moisture-prone spaces like bathrooms and kitchens. Luxury Vinyl Plank or Luxury Vinyl Wood: With its realistic wood and stone visuals, luxury vinyl flooring provides the look of natural materials with added durability and easy maintenance. Waterproof and scratch-resistant, luxury vinyl is perfect for households with children and pets, offering peace of mind without sacrificing style. Laminate: Offering the look of hardwood at a fraction of the cost, laminate flooring is a budget-friendly option that is highly resistant to scratches, stains, and fading. It's easy installation and low maintenance make it a popular choice for homeowners seeking the beauty of hardwood without the hefty price tag. Consider Your Lifestyle Before diving into the world of flooring options, take a moment to assess your lifestyle and the specific needs of your household. Do you have children or pets? Are you looking for flooring that can withstand high traffic areas? Understanding how your space will be used on a daily basis will help narrow down your options. For busy households with children and pets, durable and easy-to-clean flooring options like laminate, luxury vinyl, or tile might be ideal. If you're aiming for a more luxurious feel in a low-traffic area such as a bedroom or formal living room, hardwood or plush carpeting could be suitable choices. Evaluate Maintenance Requirements Different types of flooring come with varying maintenance needs. While some materials require minimal upkeep, others may demand regular cleaning, sealing, or refinishing. Consider how much time and effort you're willing to invest in maintaining your floors. For instance, hardwood floors offer timeless beauty but require periodic refinishing to keep them looking their best. On the other hand, materials like ceramic tile or luxury vinyl are relatively low maintenance and easy to clean, making them perfect for busy households. Assess Durability Durability is another critical factor to consider, especially in high-traffic areas such as kitchens, entryways, and family rooms. Opting for durable flooring ensures that your investment will stand the test of time and remain in top condition for years to come. Hardwood, laminate, and tile are known for their longevity and resilience against wear and tear. However, advancements in technology have also made luxury vinyl a popular choice for homeowners seeking durable and stylish flooring options. Explore Style and Design Beyond functionality, flooring plays a significant role in defining the style and ambiance of a space. Whether you prefer the warmth of hardwood, the sleekness of tile, or the softness of carpet, there's a flooring option to complement every aesthetic preference. Consider the overall design scheme of your home and choose flooring that enhances the existing décor. Keep in mind factors such as color, texture, and pattern to create a cohesive and visually appealing look throughout your space. Budget Wisely Finally, it's essential to establish a realistic budget for your flooring project. Flooring costs can vary significantly depending on the material, quality, and installation requirements. Take the time to research different options and work with our team to ensure that your budget aligns with your expectations. While it may be tempting to opt for the cheapest option available, remember that investing in high-quality flooring can save you money in the long run by reducing the need for frequent replacements and repairs. Choosing the right flooring for your space is a decision that should not be taken lightly. By considering factors such as lifestyle, maintenance requirements, durability, style, and budget, you can narrow down your options and find the perfect flooring to suit your needs and preferences. Whether you opt for the timeless elegance of hardwood, the versatility of tile, or the durability of luxury vinyl, investing in quality flooring will enhance the beauty and functionality of your home for years to come.