As spring emerges, we often find ourselves coming out of our own hibernation. It starts with spring cleaning and often leads to wanting to renovate, repair or reimagine a room or rooms in our homes.
Changing things up takes money, so it’s a good time for a gentle reminder to ask ourselves some questions before we break open our wallets. By doing this, we can save a bit of coin.
Is it an emergency?
The supply-and-demand issues we’re currently facing have raised costs of everything from wood to furniture and appliances. Ask yourself: Can this repair or renovation wait? If you can be patient, things will settle down and prices will fall to a reasonable level again.
Is this a want or a need?
Do you want to replace your kitchen countertop, or do you need to? Do you really need a new garage door, or are you just wanting to freshen up your curb appeal? There’s nothing wrong with either; however, by identifying wants vs. needs, you can put yourself in the right budget mindset. Call it a personal checks and balances.
Do you need new?
With costs up as previously mentioned, you may want to consider opening a door you may have turned your nose up to in the past — purchasing refurbished, gently-used items. Whether you are using Facebook Marketplace or shopping at a store like the Habitat for Humanity ReStore Habitat for Humanity ReStore, Dicker & Deal or local estate sales, you can find nearly anything you need for basic home renovations. You can find some incredible deals and save a lot of money by doing a little bargain shopping.
Can you do it yourself?
Learning to DIY your home renovations can save you a lot of time and money. It can also be a big confidence boost. There is a wealth of tutorials available online. Box stores like Home Depot often offer DIY classes. It’s worth a call to see if there’s one coming up that interests you.
Is sweat equity an option?
Can you talk to your handy person about helping with a job by way of sweat equity? Oftentimes, if you can do prep and clean up, you may be able to save. You never know until you try.