Saturday, July 19

Remodeling a House on a Budget

I've spent much of the last three weeks working on this foreclosure that is about to become my home.  I just hate to spend so much money on myself, so I've been working overtime to find frugal ways to make this house into a home.

I wanted to share a few of the ways I have saved money while remodeling my new home:

  • I'm painting the house using Oops Paint.  When the home center mixes a batch of paint for a customer, sometimes the buyer changes their mind about buying the paint.  It's perfectly good paint, and the color is sampled as a splotch on the lid.  I've bought several $44 gallons of paint for $5 each.  I figure I will save about $200 by painting my house with someone else's unwanted color.
  • Every time I visit the home improvement store, I look at the clearance shelves.  Yesterday I bought a $2,800 Samsung French Door Refrigerator for under $1,200.  It was a floor model and there is a noticeable dent on the bottom front.  The same warranty applies and it is being delivered to my home for free.  I've found numerous other items I needed that were on clearance, ranging from blades for my utility knife ($.25 for 5) to dying plants for the backyard (50-70% off original price).
  • On top of the clearance prices, I use 10% off coupons or $10 off a $50 purchase Project Starter coupon.  I buy these in bulk off ebay.
  • Probably the most impactful way I am saving money is by doing most of the work myself.  While not always fun, it's very rewarding when I successfully complete a task.  For this project, the DIY work includes painting, laying vinyl plank flooring, replacing faulty plumbing, replacing out electrical outlets and switches, installing interior doors, and building a wraparound deck.  There's plenty left to learn, and I hope I can tackle new insulation, sheetrock and cabinets myself.
I'm enjoying this project because I know I get to live in it soon.  I keep from burning out by only working 4-5 hours at a time.  Some days that's all I do; others I will return in the late afternoon to do more.  Once we are able to move in, I'l be able to finish the rest of the house more conveniently.  Hopefully in the next week or two I will have enough of the house ready so that we can do just that.

2 comments:

  1. Are you going to post some before and after pictures of the project? I'm happy to hear the remodeling is going well.

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    1. Definitely going to do that, Andy. I took a ton of before photos. Eventually (every time I fix one thing, something else breaks), the house will be presentable. Wish me luck!

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