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When planning a home renovation, whether you take charge of it yourself or hire a professional company, creating a budget is always the first step. However, once the renovation is complete and you tally up the expenses, many people realize that their initial budget was far from sufficient. So, what exactly leads to the overspending?
Renovation mainly involves two aspects: hard装修 (hard finishing) and soft装修 (soft furnishing). Soft furnishings like furniture and decor pieces have clear price tags. They are tangible and easy to compare. You can usually find products that fit your style without much hassle. Hence, managing costs for soft furnishings is relatively straightforward. On the contrary, hard finishing involves plumbing, electrical work, tiling, masonry, carpentry, and other complex procedures. The materials used here are numerous, and the duration of construction can only be stretched so far. As a result, the costs of hard finishing are often unpredictable.
For those who don’t fully grasp the specifics of renovation materials, the products within the allocated budget might not align with personal preferences. Many prioritize aesthetic results, leading them to opt for pricier options they fancy. For those working with decoration companies, these firms often provide a "low quote" to cater to cost-conscious clients. During the selection of major materials, companies may suggest cheaper alternatives or non-branded items to keep costs down. While this approach works for controlling expenses, it often compromises on the desired quality and effect. To achieve the intended look, homeowners are compelled to pay extra for better products, inevitably causing the budget to spiral out of control.
We all know that major materials account for a significant portion of renovation costs. Yet, minor materials can also be the hidden culprits behind exceeding the budget. Choosing the right auxiliary materials requires careful consideration. Typically, when decoration companies create estimates, they use minimal standards to keep costs low. However, during the renovation process, they may suggest upgrading to better-quality items. For instance, they might argue that higher-grade pipes can handle greater water pressure, longer-lasting wires can bear heavier loads, and superior latex paints or cement mortars offer better durability. Since most homeowners lack detailed knowledge about these products, they are easily persuaded by arguments about improved quality and safety. In the end, they end up choosing the "better" option.
It's common for people to seek multiple quotes from different decoration companies. These quotes vary significantly in price, leaving homeowners bewildered. Some fear that the cheapest option might cut corners, while the highest quote exceeds their budget. Eventually, they settle for something in the middle. However, after the renovation is finished, they often discover that the actual expenses exceed even the highest quoted amount. Based on the earlier discussion, this phenomenon is unsurprising.
Lastly, I’d like to share some advice for anyone planning a renovation. Comparing prices is essential, but more importantly, pay attention to the details provided by each company. Specifically, check the brands and specifications of all included products. For decoration companies, transparency and honesty should be the foundation of their pricing. Any price increases should be clearly stated in the contract. Avoid misleading tactics or vague explanations that leave loopholes for unexpected costs. Long-term success depends on trust and integrity. Every satisfied customer contributes to a company’s reputation, and word-of-mouth endorsement is the sincerest form of appreciation.