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Does it pay to save?
On a major remodeling project, many money-saving schemes can backfire and cost you in the end.
November 23, 2004: 10:38 AM EST
By Danny Lipford, This Old House

NEW YORK (This Old House) - Remodeling is expensive. I can often help my clients manage costs, but not always in the ways they expect. Most of my clients have been told they can save money on a project by doing part of the work themselves or by cutting corners on materials.

Usually, these schemes end up costing more in the long run or throwing off the schedule irretrievably. If you're planning a renovation or the future holds plans for a major project, here are some pitfalls to avoid:

Reusing Fixtures and Materials

Some homeowners insist on reusing a tub, sink, countertop, or range to save, say, $300 to $400. The old stuff may not look bad in its old setting. But once you buff up the nearby areas with new walls and fixtures, an old refrigerator or range will look especially drab by comparison. In the vast majority of cases, people who reuse a tub or range, for example, end up regretting it.

Plus, older fixtures are apt to fail sooner than their new counterparts, and replacing them often requires tearing out new work.

Although the carpeting in the 50-year-old room you're redoing might only be a few years old, it doesn't pay to tear it up and reinstall it. All the costs of reusing it could go a long way toward buying new carpeting. Plus, like reused fixtures, slightly used carpeting installed in a new addition looks especially bad.

The same holds true for used materials. When you look in a construction site Dumpster, it might seem like lots of perfectly good stuff is being thrown away. But when you calculate the cost of recovering those materials, you end up paying more to reuse them.

Undertaking Demolition

Understandably, the thinking here is, How difficult can it be to use a sledgehammer? Actually, demolition work doesn't save much because it doesn't cost much. That's because demolition is not a skill-intensive part of the job, so the contractor puts his lowest-paid employees on it. If you do the demo work, you're replacing guys making $8 per hour.

The real savings are to be had replacing higher-paid pros, like finish carpenters earning $25 per hour. Also, when the contractor does the demo, he's responsible for containing the dust and getting rid of debris. Once you take on this task, these are your problems, and they may involve buying a dust-containment system and renting a truck.

And finally, demo is the most injury-prone part of the job. Frankly, it doesn't make sense to risk injury for such a marginal savings.

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When choosing kitchen appliances, avoid picking one high-end product and then choosing mid-or bottom-tier items to keep your budget intact. This approach gives an imbalanced look to the room and may cost you more. Here's why: If you choose a premium $4,000 range, it just doesn't look right with a run-of-the mill refrigerator, dishwasher, and microwave. But rather than downgrade the range, people tend to upgrade the other appliances. A better solution is to start with more affordable products across the board.

Doing the Painting Yourself

When an estimate comes in a little higher than you expected, or you want upgrades that put you over budget, you might decide to handle the painting yourself. This is a good decision for small projects, such as a single room. But for multiroom additions, exteriors, rooms that require a lot of prep work, stairs, and kitchen cabinets, it makes sense to pay for a professional painter if your budget allows.

The new work you find in major remodeling involves time-consuming preparation, sealing, and priming that, if not done correctly, will make a great remodel look bad. And this is to say nothing of how much time it will take from your weekends and evenings to get the job done.

Buying Cheap Paint

If you are going to do your own painting, don't make it worse by buying cheap paint. I can't tell you how many times I've seen people who have spent thousands of dollars on a bathroom or kitchen addition try to save by using cheap paint. Cheap paint is two-fold mistake: First, it fades and fails quickly, making the room look drab.

Second, you'll have to buy more paint to repaint sooner, practically doubling your material costs and the amount you work. Look for paint from quality manufacturers such as Pratt & Lambert or Benjamin Moore, for which you can expect to pay at least $20 per gallon.

Now that you know how to avoid the pitfalls, let's talk about how you can really save.

How to Really Save

You might believe that a high price tag guarantees the best products, but that's not always true. For example, you don't have to use marble in the foyer. Tile that closely simulates marble is a quarter the price and far more durable. The same is true for some trim boards. You might ask for poplar or high-grade pine, but composite lumber, which is competitively priced, remarkably consistent, free of knots, and preprimed, will do just as well or better.

The situation is similar for brand-name items. For instance, you can almost always replace fancy brand-name plumbing fixtures with economical substitutes that perform as well for much less. For building products that are essentially commodities, like insulation and framing lumber, it always pays to shop around for the best price.

I'd be rich if I had a nickel for every time I've heard "I wish I had extra wiring and plumbing put in when we had the walls opened up." The cost of running water-supply lines, waste pipes, and wiring for telecommunications (phone, fax, computer) and television (cable, satellite) is pennies on the dollar compared with opening walls and doing the work later. So try to think of potential uses for a room and install needed services at that time. Large-scale remodeling is complex — things aren't always what they appear to be. Spend to save money? It might sound like advice for fools, but it often does hold true.

Don't know -- ask

When reviewing material choices that you've dreamed up on your own or with the help of an architect or interior designer, ask your contractor where inexpensive substitutions would do just as well. Although a design professional might have a certain look in mind, it's the contractor who sees the performance of these materials in the field year after year.

He or she can be a great practical resource for spotting areas where you're paying for an expensive product when a cheaper one will perform just as well. It's also an opportunity to identify specifications that are really false economy, like cheap locksets or low-grade siding. Sure, the up-front costs are low, but you don't want to pay the replacement bill.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.