Tips for Cutting Costs in Interior Space Renovation

 Renovation is a popular and cost-effective solution to refresh your interior space.

Most interior spaces can lose quality and functionality with time, or simply become outdated and inefficient. As a result, interior renovation is an excellent way to create newer, more beautiful and convenient spaces while remaining cost-effective.

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1. Utilizing the existing structure and layout

To begin the interior renovation process optimally, the owner, design team, and constructor need to carefully inspect the structure, study the existing foundation to come up with suitable renovation solutions that ensure safety and cost-effectiveness. With extensive experience and skills, architects and contractors will assist you assess the current condition of the building and decide whether to demolish walls to make changes or keep the original structure. If they are still in good condition, utilizing them will save you a significant amount of money on interior renovation.

Maintaining the original structure to save costs

2. Minimizing modifications to the floor and ceiling

Floor and ceiling are the highest cost items in renovation. In most situations, they need to be demolished and replaced. Some buildings, even after years of usage, may just require minor repairs. The foundation can be reused if it is not scarred or peeled. In addition, you don't need to repair the ceiling  unless the beams are replaced or there is a leak.

If you have a restricted budget but need to renovate your interior, try upgrading the flooring with new tiles, repainting the walls, and installing waterproofing to save money.

If it is not absolutely necessary, avoid replacing the floor or ceiling

3. Giving old furniture a makeover

Some furniture may get old with time, yet it may still be utilized effectively. Instead of tossing everything away, repainting, reupholstering, or adding ornamental features may refresh existing items and compliment your space's new style. For example, old wooden cabinets may be refinished and used as bookcases or display units. Instead of purchasing a new ergonomic desk and chair, convert your dining table into a huge desk, reupholster your current dining chair, and purchase ergonomic computer/laptop accessories.    

4. Optimize material selection 

Depending on the interior design style, you will require the appropriate building materials. To save money, emphasize materials with reasonable pricing, as long as they maintain aesthetics, quality, and meet the desired interior design.

There are other cost-effective substitutes available, such industrial plastic instead of real wood, wallpaper instead of wall paint, self-adhesive flooring instead of tiles or marble, and so on.

Prioritizing materials with suitable prices, as long as they retain beauty and quality

5. Choose a reputable and economical contractor 

This aspect will contribute 90% of the entire cost of your interior makeover. A reliable and knowledgeable contractor can assist you in finding cost-effective alternatives that do not compromise quality. Their knowledge helps ensure that you get the maximum return on your investment.

NICE Design & Interior is committed to high-quality interior renovation service at a competitive rate

Aside from the above, prior to commissioning interior renovation, you also need to pay attention to the following aspects:

• Determining the goals and areas to renovate to avoid additional issues or expenditures.
• Creating a comprehensive budget to prevent overspending.
• Conducting thorough safety checks on the structure, technology, and materials before remodeling.
• Obtaining a building permit for structural modifications or area expansion.
• Researching interior design styles and assessing financial resources to evaluate remodeling feasibility.

The strategies mentioned above might help you save money on interior renovations and associated information. Let bookmark this article for future reference so you can renovate residential and commercial interior spaces without breaking the bank.