How to Budget for a Full Home Renovation

If you’d rather not pay for the entire project upfront, financing can help you spread the cost over time. Personal Touch Contracting works with two trusted financing companies, Synchrony and GreenSky, so homeowners in Orlando and the surrounding areas have more than one way to fund their remodel. Both lenders offer home improvement loan programs that may include promotional periods and a choice of repayment terms, so you can pick a monthly payment that fits your budget. For example, GreenSky programs available through Personal Touch Contracting have included options such as 0% interest for the first 6 or 12 months, followed by a fixed rate for the remaining term. GreenSky also makes it easy to manage your payments through its online payment portal or mobile app. Keep in mind that plans, rates, and terms are subject to change and depend on your credit approval, so be sure to review each lender’s disclosures before you commit.

Start With a Clear and Realistic Budget

Before you get into design ideas, set a clear budget. Decide how much you’re comfortable spending. Then decide what kind of project you’re planning. Is it a minor cosmetic refresh or a more significant renovation? Our own kitchen budgeting guide notes that the cost of a small to mid-range kitchen upgrade depends on the materials used and the labor involved. Kitchen remodeling is one of the most valuable home improvement investments, but a project can involve multiple expenses, including custom cabinets and storage solutions.

Decide What Kind of Renovation You Want

Personal Touch Contracting handles a wide range of work. Our services cover kitchen remodeling, bathroom remodeling, whole-home renovations, custom cabinetry, countertops, closets, home extensions, second-story additions, ADUs, and garage conversions. On the general contracting side, that includes carpentry, electrical, plumbing, windows and doors, flooring, custom tile and stone, and drywall.

We take care of all the details of the renovation, from planning to finishing the work, and we create a customized plan for every project. No two kitchens are alike, so we sit down with you to come up with something that fits your tastes and daily needs. You can see the full list of what we do on our services page.

Home Remodel Budget Tips That Make a Big Difference

These home remodel budget tips are all about affordable upgrades that make a big difference.

Refresh instead of replace. Full countertop replacement can be pricey. A countertop overlay gives you a new look right away: a thin slab of quartz, granite, or laminate is placed over your existing surface. Cabinet refinishing works in a similar way, because it lets us revamp your existing cabinets and breathe new life into your kitchen without a complete overhaul.

Focus on high-impact, low-cost updates. Repainting the walls or the cabinets is the most affordable way to give your kitchen a new look.

Choose cost-effective materials. Some materials are designed to look like higher-priced products at a lower cost. Laminate is a good example. It’s economical and comes in modern designs that resemble more expensive surfaces. Laminate countertops, luxury vinyl flooring, and prefabricated cabinets all offer style at lower prices.

Keep your layout if it works. If your current kitchen layout is functional, we can keep it and focus on updating cabinets, countertops, and finishes.

Where Spending More Makes Sense

A renovation is also a chance to fix real problems, like a lack of storage, a poor layout, or outdated cabinets. Solving those gives you a more pleasant and efficient home, and it adds to the resale value.

Every upgrade you make can significantly increase your home’s value, and upgrading the kitchen is one of the best ways to enhance your overall property value. It’s also your opportunity to add modern amenities, efficient storage solutions, and personal style. Often it comes down to remodeling an outdated space that no longer remains functional.

Choose Materials That Fit Your Style and Budget

We offer full access to our mobile showroom free of charge, so you can make the best material and style choices. You can also visit our showroom in Apopka, where you’ll find granite, quartz, and other stone selections, along with flooring and backsplash options. Our collection offers both beauty and functionality.

We guide you in choosing cabinets, countertops, flooring, and fixtures that fit your style and budget. We use durable materials and work with reputable suppliers and experts.

Paying for the Project

If you’re wondering how to cover the cost of your improvements, home improvement financing is available. Home improvements can be a pain, but they can also add to the resale value of your home. Now might be the time to add that new room or upgrade your kitchen. We make finding and applying for a home improvement loan or credit card easy.

Work With One Team

Personal Touch Contracting is a fully licensed general contractor (License #CGC1528490), which means we can pull permits, manage subcontractors, and take responsibility for a project from start to finish, so you don’t have to juggle separate trades. We can also handle the process and ensure hassle-free permits for home renovations. We have 20+ years of experience. Our inspections and consultations are free and contract-less, and we use DocuSign for agreements. If you’re still deciding who to hire, our post on choosing a remodeling company is a good place to start.

Putting Your Home Renovation Budget Guide Together

Here is a summary of the steps above:

1. Set a clear, realistic budget before you begin.
2. Decide whether you want a cosmetic refresh or a significant renovation.
3. Choose the services you need, from kitchen remodeling to room additions.
4. Look for places to refresh instead of replace.
5. Choose cost-effective materials where they make sense.
6. Fix the issues that bother you, such as a lack of storage, a poor layout, or outdated cabinets.
7. Look at your financing options.
8. Book a free inspection and consultation.

If your project starts with the kitchen, you can also read our guide on how to budget your kitchen remodel for more ideas.

Ready to Plan Your Renovation?

Now is the time to finally add that new room or upgrade your kitchen. Request a free estimate, and our team will get back to you. We work with homeowners in Orlando and the surrounding areas.