5. Find Inspiration for Your Next Home Project
The internet can give you many ideas that can help enhance the value of your home, for example a BBQ area, a water fountain, all appealing to the viewer.
4. Get the Right Tools
You can’t really improve your home much with just your bare hands (you’ll need a multi-tool at least!). Equip your toolbox with the essential tools for any minor repair or major project, such as basic plumbing tools. Don’t forget your Smartphone might be the best DIY tool in your kit, though, and, when all else fails, there’s duct tape.
Unfortunately, most home improvements do not pay for themselves. If you can’t afford to finance the project in full with cash, rethink.
3. Choose the Right Contractor
How Can I Find (and Hire) A Good, Responsible Handyman?
- Get recommendations from friends, neighbors.
- Check for complaints against the contractor.
- Find out what licenses and permits they need.
- Check out the contractor’s insurance. Don’t skip this step!
- Meet with the contractor.
- Get quotes. More than one.
- Ask for references and check them out
2. Save Money on Your Home Improvement Projects
The more money we save on one home improvement project, the more we have left for all the other ones we want to do. In addition to knowing the remodeling projects that offer the most bang for your buck, know which elements of a project you can splurge or skimp on—spend more on items that are hard to replace, such as the bathtub, but skimp on the faucet, for example, or spend more on a professional range if you’re a gourmet cook and save on the decorative tiles and flooring that look like premium materials.
1. Have a Plan
Last but not least, one of the worst things you can do when it comes to home improvements is to start a project without the major details—cost, time, materials, and design—as realistic as possible from the start. Nothing costs more than having to “change horses in midstream” (e.g., you want to move the fridge somewhere else now or want to change your tile choice). Use design tools to conceptualize your project and add a healthy buffer (10-15% more) to your time and financial budget to account for the inevitable surprises. Even if you don’t do major projects like remodeling the kitchen or building a deck, it’s wise to set aside some money each year for repair costs and use an essential maintenance calendar to keep your home sweet home in tip-top shape all year round.
We hope you find this helpful, and it saves you money, and makes you money in the long run.