Remodeling Your Home During Times of Inflation

Remodeling your home can be an exciting and rewarding project, but it can also be expensive, especially during times of inflation when construction labor and material costs are high; however, there are ways to manage the cost of remodeling your home in the current times we’re in and still achieve the desired results. It sounds counterintuitive, but hear me out. One of the best ways to do this is by hiring a professional interior designer. Let’s explore the benefits of hiring an interior designer for your project and provide tips on how to remodel your home during times of inflation.

1.   Set a realistic level of investment.

Before starting any remodeling project, it's important to set an investment level that is realistic for what you want to achieve. With inflation on the rise, prices for building materials and labor can increase rapidly. It's essential to have a clear understanding of what you can afford to avoid overspending. I hate to burst your bubble but no…you cannot get a full kitchen remodel done for $10,000. That actually scares me at the thought of that mindset, yikes! A professional interior designer can help you set a realistic level of investment for your project and ensure that you stick to it.

2.   Prioritize your needs.

When remodeling your home (especially during times of inflation), it's important to prioritize your needs. Consider which areas of your home need the most attention and focus on those first. It may be tempting to want to do it all at once, but that can turn into a huge financial mistake if you don’t have the funds to do that. An interior designer can help you identify the areas of your home that need the most attention and provide suggestions for making the most of your level of investment.

3.   Get help choosing cost-effective materials.

During times of inflation, building materials can be expensive. One way to manage the cost of remodeling your home is by choosing cost-effective materials. An interior designer can recommend materials that are both cost-effective and of high quality, ensuring that you get the most for your money. It’s possible to still get a high-end look for less than you think. There are plenty of options out there that will give you a stunning space for a reasonable price. That’s where we as professional interior designers come in…we’re here to guide you and show you what materials are out there that you may not be aware of.

4.   Plan for the long-term.

Don’t get tunnel vision and only see what’s in front of you. When remodeling your home, it's important to plan for the long-term. It’s not like buying an expensive car. You’re making an investment in the place where you lay your head down at night and create memories with your friends and family. You get a return on what you invest in. There’s no depreciation.

Consider your future needs and how your home will function over time, not just today. An interior designer can help you plan for the long-term and ensure that your home meets your specific needs for years to come.

5.   Hire an interior designer.

It may seem counterintuitive to invest in a professional interior designer, but it’s actually one of the most wisest decisions you can make…especially when remodeling your home during times of inflation. We can help you avoid costly mistakes in the materials and finishes you select. We have access to wholesale vendors that sell only to the trade and can help you save money . Additionally, creativity is our specialty! By coming up with creative solutions, we are intentional about the design and making it as functional as possible. We can help save you money by coming up with practical ways to meet your specific needs while providing a beautiful space you’ll love to come home to.

Perhaps one of the most important aspects to hiring a designer is that we know what areas make sense to invest in and where to save. Professional interior designers also help prevent you from making costly mistakes . Remodeling is not the time to “try” something and see if it works or pray it works out. We can help you navigate the complex world of remodeling and ensure that your project is completed on time, with the right materials for your needs, and within your investment level.

Bottom line: remodeling your home during times of inflation can be a daunting task, but it is possible to have a successful project by doing it right. This includes investing in a professional interior designer from the beginning. By taking the steps I explained above, you can absolutely achieve the desired results of your home project while staying within your level of investment. With the right knowledge, creativity, guidance and support, your home can be transformed into the space of your dreams…even when we’re right in the middle of inflation. The results will be worth it and you’ll be able to enjoy it for years to come!

Fill our our Contact Form today to see how we can help you with your next home remodeling or design project. We are here to be your guide and assist you in making the right decisions when investing in your dream home.