There is no doubt about it; renovations can be expensive, and many people find their renovation budget is simply shot to pieces by the time they’ve finished. But renovating the house can save the costs and effort of moving to another one.

To avoid a budget blowout, it is important to plan out your renovation carefully, costing each stage and component and not making any changes to the plans halfway through. Experts tell us that there is a time to save and a time to splurge. Knowing which and when can save you heaps.

What to splurge on

The time to splurge is when something essential to your home needs repair or an upgrade. Often, this may not even be visible. For instance, if you renovate some part of the home and come across subpar structural elements. Or you might be tempted to save on the cost of joists and bearers or, indeed, electrical or plumbing. Don’t do it.

We spoke to local plumbing outfit plumbitright.com.au about the sort of issues home renovators run into when they try to skimp on cheap plumbing options.

According to them, low-quality PVC pipes often crack under pressure or during temperature changes, leading to hidden leaks inside walls that can cause thousands in water damage before they’re discovered. They’ve seen countless cases where cheap tap fittings failed within months, with washers deteriorating and internal components corroding, resulting in constant drips or complete failure.

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