March 03, 2022

How to Budget for Home Renovation Costs in the Philippines

Even the most durable houses need a little sprucing up once in a while. You might be content with how safe and comfortable your Phirst Calamba home has been for some time now, but imagine if it could be so much more than that! A fresh coat of paint or a redesigned room can do wonders for your living space.

The most important part of refurbishing a home is knowing how much you’ll spend. A proper budget can make all the difference between failure and success, so here’s a handy guide to help you budget for home renovation costs in the Philippines. 

Do Your Research

It’s important to get an idea of how much each element of your home renovation plan costs. This guide is about building a home from the ground up, but it can help you visualize the price of labor and materials in the Philippines. 

You can also start canvassing for prices by talking to professionals and visiting stores in-person to get a ballpark figure. This part of the process is quite easy, but it’s also the most crucial since it’ll form the basis of your budget considerations.

Determine the Scope of Your Project

Updating a bedroom or garage in your Phirst Calamba property won’t cost you much, so you probably won’t need to hire professionals just yet. 

On the other hand, medium and large-scale renovations could involve demolishing a room to create a larger space, extending walls, or adding another floor to the base of the home. These projects will require a little more muscle and materials. Knowing the limits of your project will help keep your budget in check. Without a solid scope, you could easily go overspend with unnecessary additions to your plan. 

Plan For Contingencies

Allow for some wiggle room in your budget and prepare for the unexpected. No matter how much planning goes into your budget, there’s always a chance that something could go wrong. 

Let’s say you find termites hiding in your walls immediately after you begin construction. You’ll need to exterminate these pesky pests before you can go forward with the process, which can be quite costly. Situations like that are why it’s important to set aside a little extra money in your budget for contingencies. 

Get a Second Opinion

It’s best to get a second opinion from a professional if you’ve never had to budget for renovations before. Doing so will allow you to make the most of your money and time. Once you have a solid plan for your home renovations in place, you can show them to a designer or contractor.

They can help guide you through the process and offer suggestions for how to achieve your goals within your given budget. Do note that utilizing the services of a professional will cost you, so it’s best to reserve this option for intensive renovations that cost more. 

 

These are just some of the basics you need to know when budgeting for home renovation costs in the Philippines. Giving your Phirst Calamba home that much-needed makeover will definitely be worth it, especially if you budget well.

 

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