Home renovation can be both stressful and costly. Finding the right materials, furniture, and even workers can be a tall task. However, renovating your home can be even greater of a challenge if you are also raising a family. You must consider not only your wants and needs but also those of your children and family. It can be especially difficult to accomplish this while staying frugal.

Fortunately, you don’t need to spend so much on your home improvements if you plan properly. Here are three forward-thinking considerations and costs for parents planning a home renovation:

Planning for the Future

A costly mistake made by many new parents is planning your new home without a long-term vision. This is true not only for financing your home, but also for planning the interior space. For instance, parents often purchase age-specific furniture for their children’s bedrooms. While this kind of renovation may help to address immediate needs, it can also lead to unnecessary costs and the need for future renovations or furniture replacement. For this reason, it’s important for parents to remember that children are constantly growing—and faster than you might expect!

Instead of buying tiny beds or desks to accommodate your young children, you may be able to save later down the road by opting for furniture such as low-profile or platform beds. These kinds of beds are not only easily accessible by kids due to their low height, but also often carry built-in storage for toys or other kids’ items. Parents can also utilize accessories such as seat boosters—instead of buying kid-size chairs—to reuse furniture while accommodating children’s needs.

Purchasing Childproofed Products

As a parent, it’s important to always have your children’s best interests in mind. This applies to your home improvement project as well. For instance, using non-toxic paint instead of regular paint would be beneficial to your children’s health. Other products such as overhead lighting and hardwood floors are good alternatives that minimize risks for your kids.

If you are planning to do a major renovation, such as changing flooring or gut-renovation, finding childcare to keep your children away from active construction sites should also be considered.

You should always prioritize Best Savings Accounts while planning your home improvement project. The following table provides a comparison of the average cost of childproofed solutions and their potentially hazardous counterparts. The data comes from ValueChampion‘s calculation of average costs of home renovations in Singapore and prices found from Singapore’s online retailers.

Home renovation can be both stressful and costly. Finding the right materials, furniture, and even workers can be a tall task. However, renovating your home can be even greater of a challenge if you are also raising a family. You must consider not only your wants and needs but also those of your children and family. It can be especially difficult to accomplish this while staying frugal.

Fortunately, you don’t need to spend so much on your home improvements if you plan properly. Here are three forward-thinking considerations and costs for parents planning a home renovation:

Planning for the Future

A costly mistake made by many new parents is planning your new home without a long-term vision. This is true not only for financing your home, but also planning the interior space. For instance, parents often purchase age-specific furniture for their children’s bedrooms. While this kind of renovation may help to address immediate needs, it can also lead to unnecessary costs and the need for future renovations or furniture replacement. For this reason, it’s important for parents to remember that children are constantly growing—and faster than you might expect!

Instead of buying tiny beds or desks to accommodate your young children, you may be able to save later down the road by opting for furniture such as low-profile or platform beds. These kinds of beds are not only easily accessible by kids due to their low height, but also often carry built-in storage for toys or other kids’ items. Parents can also utilize accessories such as seat boosters—instead of buying kid-size chairs—to reuse furniture while accommodating to children’s needs.

Purchasing Childproofed Products

As a parent, it’s important to always have your children’s best interests in mind. This applies to your home improvement project as well. For instance, using non-toxic paint instead of regular paint would be beneficial to your children’s health. Other products such as overhead lighting and hardwood floors are good alternatives that minimize risks for your kids.

If you are planning to do a major renovation, such as changing flooring or gut-renovation, finding childcare to keep your children away from active construction sites should also be considered.

You should always prioritize Best Savings Accounts while planning your home improvement project. The following table provides a comparison of the average cost of childproofed solutions and their potentially hazardous counterparts. The data comes from ValueChampion’s calculation of average costs of home renovations in Singapore and prices found from Singapore’s online retailers.

By Seaton Huang, Junior Research Analyst at ValueChampion.

Photos provided by ValueChampion.

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