5. The value of working inside your existing structure. Updating and remodeling your home is intended to create a new space that will be comfortable, fits your tastes and living habits, and of course enhances the home with beautiful products and craftsmanship. Maximizing space and function while keeping major plumbing and electrical components in the same place will save time and money in your budget. Removing interior, non-bearing walls to make more room is popular and can be easily accomplished with a modest amount of additional labor. Keep in mind that if you are trying to keep to a tight budget, removing structural walls and moving plumbing can be a significant increase. You can ask your contractor how to “value engineer” just the right solution.