Eco-friendly renovation of an investment property can be expensive, but you can do it on a shoestring budget. Especially if you’re just getting started, the less you spend the more funds you’ll have to put into other projects.
Does this mean you should always try to squeak by with as little expenditure as possible? No, there will be times when your renovation budget must tip toward the high side. But why not save when you can?
An eco-friendly renovation has positive benefits on both sides of the transaction. It’s budget friendly and also adds value to the home. A property being eco-friendly is a plus.
What Does Eco-friendly Mean?
Products that are natural or “green” are generally considered eco-friendly. Both health benefits and the planetary advantages weigh in. When refurbishing children’s rooms, this is an especially valuable reselling point.
An eco-friendly renovation has positive benefits on both sides of the transaction. It’s budget friendly and also adds value to the home.
When refurbishing wooden fixtures in the house, use safe oils such as those used on cutting boards or wooden food service utensils. If you do the work yourself you’ll save money. Watch a few YouTube videos to learn. Look for non-toxic Tung oil or beeswax wood finishing products. These are safe for coating and protecting the wood.
Sometimes it pays to pull up the old carpeting and install new carpet. Certain adhesives can be toxic. They can also be irritating to allergy sensitive individuals. If possible, use tacks to secure the carpeting.
When choosing new carpet, those with natural fibers are better than synthetic. If you need wall-to-wall carpeting wool or cotton carpets with jute backing would be a good alternative.
Using organic compound paints has health advantages. Again, this will raise the ROI when you renovate and resell the property. Basic painting is something that doesn’t require a lot of skill. If you’re on a shoestring budget, just as the woodwork, you can do it yourself.
The safest way to refurbish a property is to seal off construction areas from the rest of the home while the work is being done. Open windows and doors to allow dust and air particles to escape. Change air filters immediately after you finish renovating. This allows the ventilation system to filter out particulates in the air. Then slap your eco-friendly seal on the house. You’ll not only have saved money, you’ll make a little more on the back end.