How can I budget for my home renovation?
Start by determining your overall budget, then break it down into categories like materials, labor, and permits.
What percentage of my budget should I allocate to materials?
Typically, you should allocate about 40-50% of your budget to materials, depending on the scope of the renovation.
What unexpected costs should I prepare for?
Common unexpected costs include structural repairs, permit fees, and changes in material prices. It's wise to set aside 10-20% of your budget for contingencies.
How can I save money during the renovation?
Consider DIY projects, sourcing materials from discount suppliers, and getting multiple quotes from contractors to find the best deal.
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