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Renovation Realities: Budget Schmudget

In the next tale of renovation realities, I thought it would be nice to discuss budget realities and how they truly affect the grand plans I had for the house.  As most dreamers, we started out with a fairly unrealistic budget that was slowly increased to account for the changes we wanted to make.  However, even after increasing the budget considerably (about 60%), we realized that we still weren’t going to get everything we wanted and we would be required to do some serious DIY (laying the hardwood floors, painting, etc.). The issue with this “realization” is that there are many things in this renovation that need to be done now and then there are things that make sense to do it the proper way now while we are in the midst of the ugly part of the renovation.  So there is only so much we can take out of the budget to make it work for us while doing a good job in getting the house ready for us to live.

Case in point: The house after 3 weeks of renovation and over $30K in costs:

If it’s not obvious, the house looks the f$#*ing same!  Yes, the house has a new HVAC system, new insulation, new windows, etc. and feels much better and has passed building codes but it’s still ugly.  And I’ve already spent a shit ton of money!  That’s crazy talk!

All that being said, I try to keep reminding myself that this is not our “forever” house and we don’t need to spend a ton of money to make changes that won’t truly impact the feel of the house.  It’s hard to remember this when I’m planning and dreaming but when I sit down to look at the budget I somehow don’t have a problem remembering :).  Here are some of the changes that we’ve made to the plan now that the budget has gone haywire:

  • We will no longer be taking down the wall between the kitchen and the family room.  It was going to costs almost $10K when all was said and done and it just didn’t add that much to the house.  We have a large wall opening between the two spaces and I’m not the biggest fan of a completely open kitchen anyway (I hate looking at the dirty dishes during a dinner party).  So I’ve reorganized the kitchen and can now focus on making the kitchen more functional and pretty.  (I’ll share updated plans soon.)
  • We’re not going to tear down all the walls in the master bedroom suite.  After doing the math, we would lose about 2′ in the bedroom just to gain a separate bathtub, shower, and toilet room.  While those things are important to me, due to configuration issues with the windows, etc., I didn’t love the floorplan and wasn’t terribly excited about the new bathroom.  So instead of spending another $5-7K to create just the shell of this bathroom that I wasn’t terribly excited about, I think it makes sense to keep the current floorplan and create an awesome shower (spending more on tile and other fancy features).  I’ll lose the bathtub but I could take a bath in the guest bathroom and call it a day (I’ve taken maybe 2 baths in the last 6 years :)).
  • The popcorn ceilings throughout the house are not actually popcorn and can’t be removed simply (or for the price initially quoted).  Lucky for me the ceilings are plaster and require several skim coats to make it smooth.  It’s going to take at least 2 weeks, cost twice and much, and totally mess up my schedule/budget.  The ceilings are something I’m unwilling to live with so we’ll be doing this no matter what.

On the bright side, today is the first day of real construction and things will start looking pretty.   I’ll snap some progress pics along the way.

P.S. Would love to hear from readers if they are enjoying these renovation realities posts.  Of course I think they are interesting but what the hell do I know :).