It is a common misconception that in order to improve the look and function of the house one must go into debt or expend vast sums of money. This is not necessarily the case. There are a variety of projects that van be completed with relative ease and low cost. With thorough research and careful shopping it is possible to do some home remodeling without breaking the bank.
The number one way to save money on home remodeling is to purchase building and decor materials that are significantly more cost effective than some of their counterparts.
One of the best options for this is the move from hardwood floors to new and high quality vinyl flooring. Faux wood flooring is almost indistinguishable from the real thing and besides being vastly less expensive (the highest end vinyl is about the price of low end hardwood) it is also incredibly durable and easy to clean.
Another place to cut corners during a remodel is to purchase from a reusable or surplus building materials store. These stores sell surplus and sometime very unique building materials at significantly lower prices than retail. Often these stores work to support organizations like Habitat for Humanity or United Way. Not only do these stores sell the same toilets and doors you might find at a hardware store but also they often have gently used and unusual fixtures from demolition or remodel projects around the area. One of the best things to find at this type of store is cabinets and other wall fixtures. These large fabricated pieces can be very expensive to have custom made and it is possible to find them at reusable home improvement stores for very inexpensive. Being diligent and checking back to the store often it is almost assured that a suitable piece for the necessary space will show up.
The one area not to cut corners in home remodeling is hiring good contractor work. Hiring an under qualified or unlicensed contractor will not only result in a less than stellar result in craftsmanship, but can end up costing far more in the long run. Licensed and bonded contractors are highly skilled laborers that will stand behind the work they do. For cost cutting purposes as much of the unskilled or basic prep work first and then higher the most qualified and best contractor that is within the budget. They will be able to install the materials purchased and prepared and will do an outstanding job of home remodeling.