On average, professionally remodeling a home costs $6,352, vs. $2,502 for do-it-yourself.
Embarking on a DIY home restoration journey can be an exhilarating yet perilous endeavor. As you roll up your sleeves, you’re ready to make something great of your home and save some money while you do it.
However, certain expensive mistakes can wreak havoc on your project and budget. That’s why we’ve put together this guide to restoring and flipping a home the right way.
Read on for 5 costly home restoration fails you need to avoid.
1. Ignoring Professional Guidance
One of the top mistakes people make when remodeling a home is dismissing the wisdom of professionals. Resist the urge to skip consultations with experts in architecture, plumbing, or electrical work. Their insights can preemptively identify challenges, saving you from costly U-turns.
Professional guidance is not just about fixing problems; it’s also about identifying potential challenges before they escalate. This foresight can save you from headaches, delays, and additional expenses down the line.
2. Bargain-Hunting for Materials
Opting for the cheapest materials may seem like a budget-friendly move initially, but it often backfires. You should always avoid the false economy of cheap, sub-standard materials (no matter how tempting the deal seems!)
Low-cost materials typically have a shorter lifespan and are prone to faster degradation, especially for outdoor renovations such as deck installation. This compromises the aesthetic appeal, home value, and could lead to further costly repairs down the line.
Do your own research before investing in a material you haven’t used before.
3. Underestimating the Project Scope
Many DIY enthusiasts fall into the trap of underestimating the scope of their projects. This miscalculation leads to unexpected expenses, as additional work surfaces during the restoration.
Clearly define your project scope from the outset to avoid unwelcome financial surprises. This will allow you to create a clear and accurate budget for tools, materials, and labor.
4. Neglecting Safety Protocols
Cutting corners on safety measures can jeopardize both your investment and well-being. Ensure you use protective gear, follow guidelines, and, if required, seek professional assistance. The price of a safety lapse is far higher than the cost of precautionary measures.
Certain tasks require specialized knowledge and skills. When it comes to aspects of a project that involve potential safety hazards, seek the assistance of qualified professionals.
5. Rushing the Timeline
Impatience is the enemy of quality. Rushing through your restoration to meet a self-imposed deadline often results in shoddy workmanship. Take the time to meticulously complete each phase, avoiding the need for costly rework in the future.
If you’re falling behind schedule, changing your approach can help get the project back on track. Consulting with a renovation specialist can help you realign your goals and hit your deadlines.
Home Restoration: Dreams to Reality
By dodging these 5 expensive DIY home restoration mistakes, you can transform your home without breaking the bank. Always prioritize quality over shortcuts, and remember, a well-executed DIY project comes down to you.
Here at Riverview Home Improvements, we can help make your renovation dreams a reality. Reach out to our dedicated team today to see how we can help.