The do-it-yourself home improvement industry is booming these days, and it’s no wonder with the explosion of DIY television shows and internet sites. While entertaining, these shows and websites don’t always paint an accurate picture of what’s really involved in a project. Before you start building or remodeling, take some time to learn about the real cost of DIY home improvement projects.
Time Commitment and Living Inconveniences
Unless your home improvement project is small or easily divided into manageable pieces, it can take weeks to complete. In a living situation, this can be pretty unsettling, especially if the project takes place in a major area of the home like a kitchen or a bathroom. Calculating how long a project will take can be difficult for someone without a lot of home improvement experience. Don’t use the home improvement projects shown on TV as your guide. These projects typically have large, steadily-working crews and don’t have to take real-life schedules into account. And of course, any project shown on TV involves compressed timelines and editing.
Unexpected Costs of DIY Home Improvement Projects
Every once in awhile, a DIY home improvement show’s crew runs into an expected dilemma or problem in their design that requires a reworking of the budget. On TV, this adds some drama and a little intrigue to the story. In real life, it can be disastrous. Home improvement budgets are usually pretty tight, which is why many people opt to do the work themselves. Running into a problem that’s beyond your level of expertise could push a project back weeks or even months, and cost hundreds or thousands of dollars more than you expected. This can take a financial and emotional toll on you and your family.
Cost vs. Value in DIY Home Improvement Projects
When done properly at the right cost, your home improvement project may add value to your home. However, if your work is substandard or your project is plagued with unexpected expenses, you can lose overall value. Developing a realistic budget is essential to planning any home improvement project. In creating your budget, be sure to check the Cost vs. Value for your remodeling project. This is great tool to get a sense of cost. You can easily find this information in an online report that annually compares the average cost for 30 popular remodeling projects with the value these projects retain at resale in 100 U.S. markets.
Help with Home Improvement Projects in NH
If you’re thinking about a home improvement project, but aren’t sure if you should go at it alone or enlist the help of a professional, Contact Oxland Builders. We’ll provide honest answers to your questions and help you figure out how to make the most of your time and money.