When building your new custom home, staying within budget can be difficult when there are so many design options available. Establishing a budget is the only way to stay on track but knowing how to allocate your budget is where it might get complicated.
As part of Center Island Contracting’s design-build services, we make sure to set a budget at the beginning of each project so there’s no surprises when the work is completed. We will finish your home remodel or new home construction on time and within budget every time.
Splurge
It’s always wise to spend the most money where it counts. Since home remodels and new construction homes are essentially a blank canvas, we advise to splurge on items that will increase the resale value of your home or on items that will make the home most comfortable to live in.
Kitchen
The kitchen is the heart of the home, which is why kitchen remodels are one of the most popular home remodeling projects each year. Not only will splurging on kitchen materials, fixtures and finishes make living in your home more enjoyable, it will also increase the overall value of your home.
Flooring
Flooring materials have a huge impact on the overall design of the interior of your home. It can make the home look more updated and modern, in addition to providing more comfort to walk around. There are many design options to choose from when it comes to flooring, but we suggest splurging on a high-quality and durable flooring material.
Outdoor Living
Since the pandemic, we’ve seen an increase in homeowners investing in their outdoor living spaces as we spend more time at home. We might be getting out again, but enhanced outdoor living is here to stay. Hardscape and landscape design, patios, and other outdoor features that enhance your outdoor living space is a good place to splurge when it comes to your home remodel or new construction home project.
Ceiling Height
Ceiling height is a home feature that can’t be changed once the home is built. When undergoing a home remodel or building a new home, take advantage of that time and invest in high ceiling height to make your home look more welcoming and spacious.
Save
The above home features to splurge on are all worthwhile areas to spend your money. When it comes to saving money, we suggest cutting back strategically. You don’t want to cut corners in areas that matter, so follow our tips for where to save.
Reuse and Repurpose
Reusing and repurposing is a great way to take what you already have and making it work for you. Reuse cabinets in another room in your house during a remodel or repurpose your wood floors by sanding them and staining them a new color to make them look more up to date.
Choose Your Contractor Wisely
Believe it or not, you can save money on your home remodel or new construction by choosing your contractor wisely. As premiere Long Island contractors, Center Island Contracting is dedicated to building the home of your dreams within a realistic budget and timeframe. Contact us for more information to get started.
Upgrade Later
Another good saving tip is to use standard materials in certain areas of your home with the intention of upgrading later. When you feel your finances are in good shape down the line, you can always switch out these materials for more desirable, higher end materials.
Generic Over Name Brands
Depending on the appliances or building materials being used, many generic brands will provide the same look as name brands. Using generic brands allows you the same design freedom at a fraction of the price.
Center Island Contracting is your local contractor of choice for home remodels on the north shore of Nassau county, Long Island in towns like Oyster Bay, Manhasset, Plainview, Jericho, etc. Our qualified professional new home construction management team is here to help you renovate the home of your dreams. With the knowledge about local and New York State laws, our staff can answer all your questions and streamline the entire process. Email us or call (516) 481-4707.
