How to Renovate Your Fixer-Upper Without Ruining Yourself Financially

The appeal of a home that is considered as a fixer-upper is you can truly turn it into a home of your own. There are drawbacks to investing in a fixer-upper as there might be hidden problems. These issues can make the home unlivable or cost thousands of dollars. The truth is that you do not have to go with the most expensive option for materials and you can renovate your home over time. You obviously want to handle the renovations that you can immediately but do not want to fall behind on mortgage payments or other expenses. The following are tips to help you renovate your fixer-upper without putting your family in financial jeopardy. 

Wood, Tile, or Carpet

The flooring is usually an issue in a fixer-upper as sellers might not want to put money into the home or cannot invest more money. Picking the type of flooring that you desire has to be put into context due to costs varying immensely. Wood flooring is going to be expensive, hard to maintain, and will eventually need to be replaced. Tile is an option that will be durable but you need to clean the grout regularly for that truly clean look. Carpet is the toughest to keep clean especially with pets or if you entertain guests as spills are inevitable. Painted concrete is becoming a modern option as well as this can look stylish at a fraction of the cost of other flooring types. Floors can be refinished so consult a refinishing company if you feel your floors can be salvaged. 

Refinish Instead of Renovate the Bathroom 

The bathrooms are going to need some work as they usually could use a few improvements in all homes. Shower refinishing companies can help make your bathroom look brand new. There are limitations as you will need to replace water-damaged areas of the bathroom. The floors and even the sink can be refinished so give it a try. The last thing you want is to gut the bathroom leading to thousands of dollars in additional costs when there is a far more cost-efficient solution. Take a look online at the costs of refinishing certain surfaces. Pricing calculators are available that can give you an estimate of how much a refinishing project will cost. 

Get Warranties Where Possible for HVAC

Putting in a new HVAC system is going to cost thousands of dollars. You want to go with a company that provides a great warranty when it comes to repairs. HVAC repairs are extremely expensive for the most part and you do not want to go with AC on a hot summer day. You should select an energy-efficient system as it will end up saving you quite a bit of money over the lifetime of the system. Research the different companies in your area as you could end up paying extra for the same system.  


Turning a fixer-upper into the envy of the neighborhood can be accomplished. Keep budget in mind as you want to wisely invest in your home for years to come.

Founder of Nanohydr8.