6 Ways to Save Money on Home Improvement Projects
May 20, 2019 |
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Home improvement projects are great ways to improve your home’s value, comfort level, and look. But they can cost a pretty penny if you’re not careful. We don’t want you to have to sell a kidney just to afford the bathroom of your dreams.
That’s why we’ve put together this helpful list of ways you can save money on your projects and still have a beautiful, updated home.
1. Do your research
- Research potential contractors
- Research DIY options
- Research HOA and permit restrictions
- Research your neighborhood
- Research potential impact of the project on the value of your home
- Research prices
- Just… research everything before you even start
2. Look for sales.
Holiday sales, anniversary sales, coupons, and referral programs are all great places to look for deals on the projects you want to do. Sales on supplies, sales on services, even sales on classes you can take so you can do the project yourself, which brings us to…
3. DIY what you can.
You might want to leave the plumbing and the electrical to experts, but things like painting can easily be handled yourself. Even flooring upgrades could become projects you do on the weekend. Look for reputable DIY projects with great reviews and helpful videos and see what you can do all on your own.
4. Ask for help.
You probably asked your parents and friends to help you move, right? Why not ask them for a little more help with your home improvement projects. You can save some serious money and time if you’ve got free friend and family labor to help you paint the interior of your house, build that deck in the backyard, and more. It never hurts to ask.
5. Trust the professionals.
There are certain things that you should really leave to the professionals (like plumbing, electrical, roofing, foundations, windows, and a handful of other things that could be potentially dangerous for the unqualified). And paying a little extra for a high quality professional with a good warranty might actually save you money in the long term. Paying a higher rate for a warranty from a well-known plumber could mean you save money not having to deal with a burst pipe installed by someone cheaper.
6. Take your time.
There’s no rush. Set your own timeline with your projects. By taking your time, you can space out your projects so they fit into your budget. Don’t pack all your projects into the same window of time just because you want it all done now. You’ll have a heart attack when you see the final bill for that project. But it might be easier to handle (and pay for), if you spread it out over time.
Need help affording all your home improvement projects? Dime can help with that.