Don’t Settle for Less When It Comes to Your Home
Are you considering a home renovation? You have numerous factors to consider. There’s the design, the timeframe, and of course, the cost. Early in the process, you may contact multiple home remodeling firms to compare bids. This is a wise choice to discover what your options are. However, it’s not always wise to choose the lowest bid.
John Ruskin, a 19th-century art critic and social thinker, put it best when he said:
“There is hardly anything in the world that someone cannot make a little worse and sell a little cheaper, and the people who consider price alone are that person’s lawful prey. It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money—that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot—it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.”
In other words, you get what you pay for.
Why the Lowest Price Isn’t Always the Best Value
Ruskin’s assessment of the common law of business balance is succinct and astute. It highlights the folly of automatically choosing the lowest-cost option when making a purchasing decision. Doing so, as Ruskin so eloquently states, often results in losing everything.
How often have you compared similar items at the store, weighing the benefits of each against the selling price? And how often have you settled for the lower-cost item to save a few dollars? Perhaps you felt you got a good deal—but did you get the best value?
If the item performs poorly, breaks prematurely, or fails to meet your expectations in some other way, the answer to this question is undeniably “no.” Because what do you do? You throw the cheap item out and replace it with the better version. If you had invested a little more and bought the higher quality product in the first place, you would have saved money, time, and hassle in the long run.
Don’t Settle for Less When Remodeling Your Home
A home renovation is a much larger expense and has a far greater impact on your quality of life than a small item you might purchase at the store. Yet, it’s so easy to hunt for “deals” and miss the opportunity for true value.
Value is the balance between product quality and cost. The goal when making any purchase is to achieve this balance. If you don’t appreciate the functionality, appearance, or comfort of a more expensive item, then it’s wise to opt for the cheaper alternative. The issue comes when you want the lower price of the cheaper alternative, but you expect the quality of the more expensive item. More often than not, a low price indicates compromised quality, so you cannot expect to pay a little and get a lot.
Wentworth Studio Offers the Best Value on Home Renovations
The award-winning team at Wentworth makes dreams come true. We may not offer the lowest prices, but that’s because we provide the highest quality. You could regret settling for less to save a little money up front, but you’ll never regret creating the absolute home of your dreams.
Speak with our design team about your remodeling ideas by calling us at (240) 383-1226. We’ll go above and beyond to ensure you’re thrilled with the quality of your home renovation.