When it comes to home improvements, homeowners are always on the lookout for ways to get the best value for their money. They work with wholesale hardware vendors, like bannersolutions.com, to save more on purchases and get great discounts.
The problem with renovating a home on a budget is that most clients tend to hide their actual budget from the designer. The truth is, being honest about your budget scope with your designer can make or break the success of your home design project. In this article, we’ll tell you about the reasons why it’s important to get real with your designer about your budget.
Your designer will decide which parts to save and splurge
One of the primary jobs of a home designer is to know which aspects of your home are essential to a client, so they can make the proper adjustments when necessary. Telling them about your budget will help them find the balance between the aesthetics and functionality of your home while keeping the costs in mind.
In fact, minor changes in design can significantly lower the design costs without sacrificing the actual intent completely. For example, suppose you want custom cabinetry for your living room. In that case, your design can collaborate with a cabinetmaker to make minor modifications, such as forgoing drawers or soft-close doors or reducing the labor involved in the finishing touches. While these things seem inadequate for you, they can make a huge difference in the overall costs.
Your design can help reduce/avoid redesign time
Your Instagram feed or Pinterest mood board may have inspired you to hire an interior designer to make your dream home come to life. But keeping the allocated budget a secret from your designer can lead to terrible results if the project costs a greater deal than you expected.
The last thing you want is to see an unfinished project because your budget isn’t enough to cover all the costs. Asking for a redesign can be even more expensive since you have to allocate a new budget for the materials and finishes. Your designer can even ask for an additional fee since they have to return the drawing board and do it all over again.
Sharing with your designer how much to spend on the get-go is something both of you can benefit from. You can make the job easier for them while they help you create a budget-friendly home design with a bigger impact on the cost of construction and materials.
Your designer can take advantage of their vendor relationships
Another advantage of hiring a home designer is their access to a wide network of custom craftsmen and trade-only vendors they have previously worked alongside with. This means they know which vendors offer budget-friendly prices without sacrificing quality and aesthetics.
If your designer knows your actual budget, they help you combine your decor and furniture orders with at least one or two vendors. Bulk orders increase your chances of negotiating bigger discounts, which results in significant savings on costs.
Your designer can help you plan for the contingency
Any new construction or remodeling project will often involve unexpected problems requiring more budget and a workaround. So when working the budget and scope with your designer, provide them with the actual figures, but you may reduce 10 to 15% for the contingency fund.
Allocating your budget for the contingency fund can turn out useful if the contractor detects issues in the foundation or utility lines that need some replacing. When undertaking a construction project, you have to expect unanticipated issues will always crop up, especially if you’re applying changes to your home’s main utility systems, such as water, electricity, gas, and HVAC.
Your designer can build a close relationship with you
It’s difficult to develop a good business relationship with your designer if you don’t trust them enough with your budget. After all, how can they serve you better? A designer’s mission is to provide you with value and a rewarding experience that combines functionality with innovation and quality.
You hired them to provide you with solutions and options to create a living space that best fits your style and personal needs. Simply discuss your budget and idea for your home, and your designer will take care of the rest.
Working with an interior designer is like hiring an agent who will act on your behalf. In this case, you have to be honest with them from the very start of your relationship. Provide with the numbers you’re willing to pay to make your dream home a reality. This will ensure a more convenient experience that can help you save more money down the line.
