Bang for your buck. To keep remodels inexpensive, I like to focus our dollars on the finishes with the biggest impact. I offset these larger expenses, by using budget hardware, existing floors, butcher block countertops, and stock cabinets. I don't always stick to this equation, but it's a good rule of thumb for budget-friendly renovations. "Over the years I've learned to splurge on sconce lighting, appliances, higher-quality paint, and tiles."