There’s something about spring that gets homeowners in the mood to refresh their space and take on remodeling projects. With consumers finally feeling good again about the economy and their home’s value, it appears that people are spending more than ever before on home improvement. According to the results of HomeAdvisor’s 2017 True Cost Survey, the average homeowner has spent nearly 60% more on home projects over the past 12 months than in the prior year. And, there’s been a 7% increase in total nationwide expenditures on home improvement — with homeowners tackling bigger-ticket projects like kitchen and bath remodels and exterior renovations.
Before jumping in to a home improvement project, here are some tips to consider so you don’t blow your budget.
- Prioritize projects. Thinking about the updates you want to make throughout your home can feel overwhelming. Although it would be great to get it all done at once, it’s not always financially feasible or smart to take on several projects at the same time. and focus on areas that will improve your home value such as the kitchen and bathroom
- Get recommendations and compare bids. Once you know what project you’re going to focus on, it’s time to determine the course of action. If you need help, finding reliable workers can feel like a challenge, especially if you’re calling blindly. It’s best to get recommendations from family and friends who recently had a similar project done at their house, as long as you like the work done. This could be paint, carpentry, floor installation or even gardening. Your local home improvement store may even have a few service professionals they recommend. Then call around and ask for bids to compare prices. This gives you some leverage to negotiate. If you’re planning on doing most of the updating or renovating yourself and you just need some additional support, <a href=”http://www.jdoqocy.com/click-8534012-13180506″ target=”_top”>find help for your home projects on TaskRabbit today.</a><img src=”http://www.awltovhc.com/image-8534012-13180506″ width=”1″ height=”1″ border=”0″/> They’re a great and inexpensive resource for help with minor home repairs, yard work or removal services, assemble new furniture or help with heavy lifting.
- Do-it-yourself. While some projects may be install hardwood floors, you may be able to take on smaller projects to save money. There are smaller projects or elements that you can do yourself to reduce the overall cost removing old cabinets and painting are ways to trim the overall cost of your entire home improvement project. Keep in mind, a fresh
-Look for inexpensive updates to make your space feel fresh such as adding a burst of color with new throw pillows and curtains or update the hardware on existing cabinets for a modern look
Look for auction sales. Scope out building supply and material auction sales to save on kitchen cabinets, windows, doors, toilets, etc.
-Clear the clutter to boost your improvement budget
-Shop consignment and discount retailers to save on the finishing touches
Save for the things that matter
Without giving up the things you love
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