CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Remodels: Little ways to save big

Sure, cutting back on high-ticket items conserves cash during a remodel. But as TOH TV showed on the East Boston project, there are other creative ways to save - in this case, more than $70,000!

Repair rather than replace
Repair rather than replace
Nothing on This Old House's East Boston project house seemed in worse shape than the stucco siding. Years of harsh winters had left giant cracks and gaping holes in the masonry surface. Making it worse was the ivy working its way into the cracks, opening a path for water to get behind the stucco. A complete replacement would have come in at $50,000.

Instead, after the ivy came down, a masonry crew patched the worst sections with new stucco over wire lath, then filled remaining cracks with caulk. Tom's crew cleaned the entire surface using grinders fitted with wire wheels. Then painters applied a primer and two tinted layers of an elastomeric coating--basically a thick acrylic paint--which helps tie everything together and give it a smooth finish. The repairs cost $10,000.

What They Saved: $40,000
Repair rather than replace Roll up your sleeves Little demolition Rob Peter to pay Paul Use luxuries selectively Adjust to your circumstances Add detail with paint Stick with stock Be open to shelves and doors Reuse existing materials
We canvassed dozens of industry pros to catalog ways you can wrestle your renovation costs back down to earth. (more)
A 4-phase plan for getting the kitchen you want at a price you can afford. (more)
An architectural designer aims to respect his home's heritage and simultaneously embrace its new parts. (more)
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.