Doing Basement Remolding On A Budget

Basement remodeling is a great way to add extra living space and increased value to your home, though the project can be very expensive. A little patience and creativity can go a long way in helping you cut costs when remodeling.

Recycle

An way to save money when doing construction is to use free or cheap lumber. Keep an eye out for businesses or houses that are being remodeled or demolished. The team may be willing to give you old plywood sheets or studs that they plan to discard.

This type of lumber is called 'reclaimed wood' and is actually very popular—not only is it inexpensive, but it is environmentally friendly. No trees will be cut down to create the lumber for your remodeling project, and the lumber from the demolished building won't end up in a landfill. Use recycled wood to construct walls in your basement or to build unique chairs, end tables or staircase handrails.

Wait for the Deals

Don't rush. Allow yourself the time to scour newspapers and periodicals for sales and promotions at your favorite hardware store. Buy your materials as they come available for reasonable prices. Find a secure and dry place to store them until you're ready to start your remodeling.

For even more savings on furniture, look to yard sales, estate sales and online auctions. Private citizens all over the world put up new and gently used pieces for sale every day. Many sellers are willing to negotiate prices, so don't alway assume any first offer is the least amount one is willing to accept.

Do It Yourself

Keep costs way down by doing simple construction and installations yourself. Before you hire a contractor, ask yourself whether you really need someone else to:

• Attach shelves
• Build a table or dresser
• Hang mirrors
• Change fixtures
• Install track lighting 

With a little help, you can even install more elaborate basement features, like carpeting, insulation, storm windows or a heater.