Remodeling or finishing your basement can be a stressful time. Hundreds of decisions are waiting to be made and deadlines are waiting to be met. This means your mind is probably spinning and you may be confused with what needs to happen next. Dealing with your remodel budget can be a particularly difficult part of the process. Once you’ve decided on a number, it’s important to take steps to stick to the budget you’ve set.

Stop the unnecessary worry and call us here at Matrix Basement Systems, Inc. We’ll help you design and build the perfect basement to suit your lifestyle. We’ll make sure we can provide everything you wish within the budget that we all agree on.

Before you start purchasing materials and supplies and splurging on colorful accent pieces, remember to have a contingency. Despite our best efforts, unexpected things happen. Anything from uncovering rotted wood or sheetrock to price changes on carpet or tile can throw a monkey wrench into a tight budget. It is a good idea to set aside 15-20% at the beginning of your project. As the remodel progresses, you can pare down the contingency until at the end you’ve zeroed it out.

Once you’ve set aside your contingency, think about the most important aspects of your design. If you’ve fallen in love with those smooth bamboo floors, a velvet chaise, or that sweet projector TV, let your designer know. This way if cost cutting is necessary, they’ll know to look other places for that money.

Before we begin work on your remodel, make sure you have a plan. Making major decisions ahead of time and considering your options before you begin will allow you to concentrate on the remodel while it’s happening. Leaving decisions unmade can cause the remodel to slow or even halt, throwing off your schedule and sometimes costing you more money.

Another great way to stay on budget is to consider repurposed furniture and lighting. Often times there are local stores that have incredible furniture pieces and lighting fixtures that can be perfect for smaller home remodel projects. Check hardware stores for paint that was not purchased by the person who ordered it, and you might end up finding the perfect color for your walls. Returns, open box items, and “as-is” fixtures can often lead to unexpected treasures for those who are willing to look.

Matrix Basement Systems, Inc. has basement renovation plans starting at $6,995 with zero interest and zero down for 60 months. Call us any time to discuss how you can receive a free 50” LCD TV with your remodeling purchase. This would be an incredible deal for someone planning to build an entertainment room or the ultimate gaming room.