How to Save Money on a Complete Home Renovation? Complete Guide

After speaking with countless homeowners in Mallorca, we bring you 15 tips for saving money on a complete renovation.

The truth is that, after speaking with countless owners in Mallorca, at Armalutx we've seen it all: impossible budgets, projects that drag on for too long, and people who ultimately give up on their projects out of fear of the numbers. But with good organization and a few tricks, keeping costs under control isn't a distant dream. Here are our tips for saving on comprehensive renovations in Mallorca:

1) Start by Identifying What's Urgent

Sometimes we want a living room that looks like something out of a magazine or a kitchen with luxurious countertops, but the first step is to figure out which parts of the house require immediate attention for usage or safety reasons. If the bathroom leaks day in and day out, or the electrical system no longer meets basic standards, it's best to start there and leave the aesthetics for later.

2) Clear Goals to Save in a Comprehensive Reform

Ask yourself a few questions: Are you sure your kitchen doesn't need a complete plumbing overhaul? Is it worth it to tackle everything at once, or do you prefer to do it in stages? Defining exactly what you're going to change helps you save on a comprehensive renovation, especially when last-minute temptations arise.

3) Cost Calculation to Save on a Comprehensive Renovation

Create a spending plan that includes labor, materials, permits, and unforeseen expenses. Unforeseen details always arise, so a 10% or 15% cushion can get you out of trouble.

4) Compare Several Options

Gathering proposals from several companies before making drastic decisions is usually advisable. If you stick with the first one you see, you may later discover that another supplier offered similar quality at a more reasonable price.

5) Itemized Budgets

Don't just look at the total. See if they include demolition, painting, electrical, or plumbing work. Sometimes a quote looks low because it omits an essential service, and then you have to add additional costs.

6) Talk and Negotiate to Save on a Comprehensive Renovation

Talk to the project managers to find out if they offer discounts if you hire multiple services at once. Some companies offer flexible rates if the renovation fits well with their schedule. Negotiating doesn't just mean lowering the price, but also seeking payment terms and deadlines that best suit your budget.

7) Materials at a Sensible Price:

You don't need to choose the most expensive countertop or the most advanced flooring to achieve a good result. The important thing is that they last and look good. For example:

  • Laminate or vinyl flooring provides a modern style and withstands daily use.
  • Chipboard or composite countertops often look striking and can withstand everyday use without being too expensive.

8) Reuse if possible, to save on a complete renovation

Do you have quality furniture or doors? With a simple sanding and a new varnish, they can look like new. Sometimes, restoring what you already own adds a personal touch and reduces the investment.

9) Reform All at once or Piecemeal?

When budgets are tight, many homeowners choose to remodel their home in stages, starting with the most urgent areas (say, the bathroom and kitchen) and then addressing other areas later.

The advantages of going step by step:

  • Payment control: Instead of paying it all at once, you spread the investment over time.
  • Pre-tests: After seeing how the first phase turned out, you adjust or change something in the next phase.
  • Less stress: Allows you to keep the rest of the house operational while working on another section.

10) Get Your Hands on the Open Yourself… with Limits

You may be able to paint walls or remove trim without specialized help. This saves you labor and makes you feel more involved in the process. However, don't tackle electrical or plumbing work if you're not an expert, as it could cause serious problems if something goes wrong.

11) Review your expenses every step of the way

Keep track of each payment. Compare it frequently with what you had in mind. If you see one item increasing, try to offset it elsewhere or consider delaying certain less urgent improvements.

12) Possible Subsidies to Save on a Comprehensive Reform

Some governments offer grants for renovations that increase energy efficiency or accessibility. Inquire in your community: you may be able to receive a financial boost for insulation, improved windows, or cleaner energy systems.

13) No Improvising Agreements

A clear contract with the company in charge of the work avoids unforeseen events. It clearly states what will be done, the timeframe, and the payment terms. This document reduces misunderstandings midstream.

14) Coordinated Workforce

When several trades (bricklayers, plumbers, electricians, painters, etc.) work together without a single company to organize their schedules, delays and duplicate tasks increase. Sometimes, having a comprehensive renovation company manage the schedule and supervise the work of each professional avoids cost overruns.

15) Other Tricks That Help Save on a Complete Renovation:

  • Respect what still works: If doors and windows are still functioning, a facelift may be enough.
  • Renovate during off-peak times: Many companies adjust prices during low-demand periods.
  • Stay tuned for promotions: Some stores offer discounts that can be just the ticket.
  • Aim for energy efficiency: Improving insulation or installing energy-efficient appliances translates into lower bills.

At Armalutx we are Specialists in Comprehensive Renovations in Mallorca.

We've been advising families looking for a comprehensive renovation at a reasonable cost for quite some time. We know that the secret lies in careful planning, good coordination of trades, and choosing appropriate materials. If you dream of a renovated home without compromising your peace of mind, we can help guide every decision. In the end, the important thing is to feel satisfied with both the result and the process, and in that, as a company construction company in Mallorca, we are here to help you.

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Construction company in Mallorca with over 50 years of experience. Armalutx Constructions.
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