Are DIY Home Improvement Projects Really a Smart Choice?

logoDIYDo-it-yourself home repairs may seem like a great money saving option to many, and while some projects can be, they can also end up costing you more in the end. Unless you know what you’re doing, it is best to leave the big home improvement projects up to the professionals.

Experts advise doing extensive research before delving into any big projects. It is important to consider the time and level of expertise that the project will require. In many cases, home owners begin a home improvement project only to leave it sitting undone for months or even years.

Angie’s List founder Angie Hicks warns that severe injury and unforeseen costs are among the issues that come with DIY projects. She also notes that often times these projects are much more difficult than they seem.

When it comes to money, many of those who had hoped to cut down on costs by doing a project themselves actually end up paying more when all is said and done. Often times, home owners start a project only to realize that they can’t finish it and end up paying a professional to complete the project.

Say, for example, you needed to repair your concrete foundation. This type of fix can cost anywhere from $2,000 for minor repairs to between $5,000 and $7,000 for major repairs. This may sound like a lot of money, but if you try to tackle the repair yourself and make a mistake, or realize during the process that you don’t know what you’re doing, you could end up relying on a professional anyway and nearly doubling your costs.

Time is also an important factor to think about. People get so caught up trying to save money that they forget to consider how much of their time will be consumed. Most major home projects can’t be completed over summer vacation, let alone one weekend.

Safety is another consideration that many people turn a blind eye to. Not only do licensed professionals know what they’re doing, but they are also insured so that any injuries on the job are covered. If you get hurt, you’re stuck paying the medical bills and the cost of finishing your home improvement project.

Experts recommend starting off small if you have the DIY bug. Cosmetic projects, like painting or staining, are likely to be successful. Major home repairs, on the other hand, are best left up to the experts.

If you’re considering a DIY home improvement project, make sure you weigh the pros and cons before getting started. If you have the skills and knowledge to complete the project, forge ahead. If on the other hand, you have any hesitations, let a professional save you the hassle.