Smart spending tips for your next home improvement

By Hawaii Renovation Posted in: ImproveTips

If you’re like most homeowners, you have a list of home projects you want to accomplish. Some will be small, economical do-it-yourself projects. Others may require the services of a professional and a greater monetary investment. However you accomplish your home improvement plans, it’s important to do so as cost-effectively as possible.

To make the most of your home projects, take these steps:

Define what you want to do

Be precise and detailed in exactly what you want to accomplish. Going into a home improvement project without a clear vision of the end result means you’ll be making decisions on the fly — and that’s the type of decision-making that can become costly. Knowing exactly what the scope of your project will be can help you better estimate the costs and stay on track with your budget and objectives.

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Decide if you can do it yourself or need to hire a pro

Yes, DIY can save you dough, but only if you can do the job right the first time. Fixing mistakes can cost more in the long run than hiring a professional. Be honest with yourself about your DIY capabilities, and if a project is beyond your scope, look for a pro to help.

Make sure you’re hiring a reputable contractor

While the majority of home improvement contractors are honorable and just trying to earn an honest living, there are also less reliable ones out there, too. Doing business only with companies or contractors who are licensed and bonded can help you weed out the scam artists. Always seek independent reviews of any contractor you may hire.

Create a budget for your project

Make sure your contractor understands you’re committed to staying on budget. Good contractors know how to balance quality concerns and cost constraints and will work with you to avoid cost overruns. Your budget should lay out how much you will spend on materials and labor, with some “wiggle room” left over to cover emergencies or necessary changes.

This article is courtesy of Brandpoint.