5 Tips to Help You Save Money on Your New Home Improvement Project

Summer is the perfect time for many activities, including home improvement. Like most homeowners, you probably have a long list of to-do items that have accumulated over the winter, and now is the time to begin checking them off that list!

It doesn’t matter whether your next home improvement project is big or small, indoors or outside, you are most likely look for a way you can stretch your money a bit further so you can accomplish as much you can without spending all of your hard-earned cash. Here are just a helpful few tips to help you save money and still accomplish everything on your list.

Saving Money on Home Improvement

Plan Ahead- No matter what project you are thinking about starting, planning a head can make it easier and less expensive. Sit down and write out a list of everything you will need for the project, including tools, fasteners and fixings, materials, and any assistance you might need. Doing so will help you see the project more clearly from the beginning, help you avoid last minute (and multiple) runs to the hardware store, and allow you to reduce the amount of changes needed once you have started the project.

Do Your Homework- If you are going to need the assistance of a contractor, do your homework before you hire one. Look at their cost, their craftsmanship, their previous experience, their licensing, and their insurance.

Be Realistic- While you may know your way around nuts and bolts, you need to take a good look at your home improvement project before you begin and determine whether it is really something you can do on your own. One of the biggest mistake homeowners make is thinking that everything cost less if you do it yourself. This isn’t always the case. If you mess up your DIY project, you could be looking at a price tag that is much more costly than if you had simply hired a professional in the beginning.

Re-Purpose- When it comes to home improvement, you don’t always need to purchase new materials. Get a little creative and look for inspiration at yard sales, antique stores, or your own basement. With a can of spray paint, a few bolt fasteners, and a little thinking outside the box, you can bring old items to life at very little cost.

Sweat Equity- Even if your project is beyond your expertise, and you have decided to hire a contractor, there are still small things you can do to save a bit of cash. You might be able to help the contractor with certain parts of the process or you may be able to get a discount if you pay in cash.

What projects are planning on conquering this summer? Cut that to-do list in half without spending a ton of money by hiring a professional, doing your homework, re-purposing old items, and planning ahead to make sure you have plenty of materials, tools, and industrial fasteners you are going to need for your projects.