For many reasons, the price of construction in the US has spiked recently. There are supply chain issues with building materials, labor shortages, and of course the consequences of a global pandemic to contend with. Following the pandemic, construction costs hit their highest spike in 50 years. This is bad news for people who are looking to renovate their homes.
Things like garage remodeling have suddenly gotten a whole lot more expensive. But luckily if you’re savvy there are ways you can save on garage remodeling costs. Read on for a quick guide on how you can raise your home value while keeping those costs to a minimum now.
Make a Budget
The very first thing you’re going to want to do is to create a budget for your garage remodel. This is probably going to look like a compromise between the cost of your dream garage renovation and the amount of money you want to spend.
You have to go through each stage and get costs for everything from labor to small fixtures. Doing this essential financial planning will give you a concrete number for you (and your construction crew) to stick to.
Be Ready to Compromise
One of the keys to cutting costs is a willingness to compromise in certain areas. You should make a list of your biggest priorities from most important to least.
The ones towards the bottom will be the things that you can make concessions on. For example, using more affordable materials in one area will allow you to splurge a bit more in another.
Choose the Right Time
Did you know that there are certain times of the year when labor costs are going to be less expensive? This is because there’s a peak time for building and an off-season. Choosing to carry out your renovations in the off-season will allow you to save some money on your garage remodeling costs.
Look to the Future
While you’ll have a certain budget to stick to at the moment it’s also worth thinking about the savings you will make in the long run. Adding eco-friendly components can help you save money on utilities and make you eligible for government grants. If you choose a more durable material that’s a little more expensive now it will probably end up lasing much longer than something less expensive but of poorer quality.
Garage Remodeling Made Simple
Certain garage remodeling costs are unavoidable and that’s ok. Instead of stressing about what you can’t change focus on the areas where you’re able to save. With some smart money management, you’ll be surprised by the pennies you can pinch.
If you’re looking for an affordable, durable, and long-lasting option for your garage floor then look no further than Garage Force. We’ve got the tough yet elegant flooring your garage remodel needs. Get in touch with us today to speak about your project and get a quote.