The Cost of a Home Renovation: Where to Save & Where to Splurge
Home renovations can be exciting but also come with significant costs. Knowing where to invest in quality and where to cut back without sacrificing functionality can help you make smart financial decisions while still achieving your dream home.
At RGH Development Co., we’ve guided countless homeowners through renovations, ensuring they get the best value for their investment. Here’s our expert take on where to save and where to splurge in your renovation project.
Where to Splurge 💰
1. Kitchen & Bathroom Upgrades
Kitchens and bathrooms provide the highest return on investment (ROI), making them worth the splurge. Invest in:
✔ Quality cabinetry – Well-built cabinets last decades and set the tone for your kitchen. At RGH Development Co., we offer full kitchen and bath design services and can supply and install cabinetry. Our in-house kitchen designer, Patty, works with a variety of kitchen dealers to ensure the perfect fit for your home, and we also collaborate with a local carpenter for custom cabinetry.
✔ Countertops – Durable materials like quartz or granite withstand daily use and enhance resale value.
✔ Plumbing fixtures – A high-end faucet or shower system can improve functionality and design.
2. Flooring
Durable, high-quality flooring can make a huge difference in both aesthetics and longevity. Consider:
✔ Hardwood – Classic and long-lasting, with the ability to be refinished over time.
✔ Luxury vinyl plank (LVP) – A great alternative to hardwood, offering durability and water resistance.
✔ Tile for bathrooms & kitchens – Timeless and easy to maintain.
3. Windows & Doors
Upgrading to energy-efficient windows and doors can lower utility bills and improve your home's comfort.
✔ High-quality windows – Reduce drafts and noise while boosting curb appeal. RGH Development Co. is a certified Andersen contractor, ensuring expert installation and premium window solutions for your home.
✔ Front & patio doors – A solid, stylish door enhances security and first impressions.
4. Professional Labor & Expertise
A home renovation is only as good as the people executing it. Hiring an experienced contractor (like us! 😊) ensures quality craftsmanship and a smooth process.
Where to Save 💲
1. Light Fixtures & Hardware
You can find stylish lighting and cabinet hardware at affordable prices. Consider:
✔ Statement pendant lights – Budget-friendly options can still look high-end.
✔ Cabinet pulls & knobs – Swap out for trendy finishes without spending a fortune.
2. Backsplash Options
Tile backsplashes can add personality without breaking the bank.
✔ Ceramic or porcelain tile – Cost-effective, durable, and available in a variety of styles.
✔ Large-format tiles – Fewer grout lines create a sleek, modern look with easier maintenance.
3. Paint & Wall Treatments
Paint is one of the cheapest and most effective ways to transform a space.
✔ Neutral colors – Increase resale appeal.
✔ Accent walls – Add personality with minimal cost.
4. Repurposing or Refinishing Existing Materials
✔ Refinishing cabinets – Instead of replacing, give them a fresh coat of paint or new doors.
✔ Refinishing existing hardwood – Instead of replacing, refinishing floors can restore their beauty at a lower cost.
✔ Adding new flooring to match existing areas – Helps create a seamless look when expanding or remodeling spaces.
Final Thoughts A well-planned renovation balances high-quality investments with strategic savings. By knowing where to splurge and where to cut costs, you can create a stunning, functional space without overspending.
At RGH Development Co., we specialize in kitchen, bathroom, and whole-home remodeling—helping homeowners make smart, cost-effective renovation choices. Contact us today to start planning your next project!