Jar of money labeled house.

10 Jun Ways to Save Money on Home Improvements Part 2

This article is continued from part 1.

One key goal for many homeowners is to conduct home improvements that make their home’s worth more. Increasing your home’s value through home improvements can give you a much bigger return on the equity in your home. However, home improvements also have tendency to add up, very quickly. For this reason, you need to think economically when improving your home, so that you can get the most bang for your buck. Here are some ways to save money on home improvement projects…

Salvage materials

As we said in our last article, there are plenty of ways to cut down on the cost of materials. Another way you can do this is by using salvaged materials. You can find local resources online to get salvaged materials that people are getting rid of. While not all of these materials are going to be in a good enough state to use on your home, a lot of them actually are. In these cases, even if only half or a third of the materials that you use are salvaged, this can still bring the cost for each project down a significant amount.

Use friends

Another thing we pointed out in the last article is that the biggest cost for many home improvement projects tends to be labor. Because of this, you can save on costs by doing much of the unskilled work yourself, so that you only need to utilize the experts when it really counts. Another way to accomplish this is to ask your friends for help on some parts of the project that require lots of busy work. Getting a group of friends together to help you for a few pizzas and beers is significantly cheaper than getting contractors to do work the whole time. Oftentimes, the most expensive part of this is going to be the day you spend to help them on their homes, in return.

Fast is expensive

As a general rule of thumb, projects can be fast, cheap, or well-done. You can only get two parts of that triangle. If you want things to be done quickly and done well, then it’s probably going to cost you a pretty penny. If you want it fast and cheap, then you’re going to get exactly that back on your investment. Just be prepared to take your time on a project if you don’t want it to cost you an arm and a leg, but still want it done, properly.

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