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Money Matters

How Much Should You Spend On A Renovation Project?

Determine the extent of work and allocate your budget wisely

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Original Article: Katherine Lopez Photography: Ocs Alvarez/ACME Visual Productions Pictorial Direction: Nat Clave Styling: Tala Singson

When homeowners decide to renovate their spaces, the reasons and allotted budget vary. Some want to expand the house to add more rooms, others want to update the style and design of the space, and there are a few who simply want to work on a few minor improvement projects.

According to architect Love de Leon, the extent of the renovation depends on the homeowner. Whether you’re thinking of replacing the roof, tearing down walls, or building an extra bathroom, it all boils down to the money you have on hand and the extra amount you’re willing to spend to see the project through. To help you spend wisely and prepare for a renovation, Love gives the following tips:

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