By financen | June 23, 2018 - 6:44 am - Posted in Home Improvement

Working on your own home improvement ideas can be daunting. To pull off a successful DIY home repair, you need to strike a balance between affordability and quality of repair. If you’re just an average person, how will you even start with the entire process?

In case you feel stuck in this maze called the home improvement, we’ll help you get out of your rut and actually find a way to make your home much better. Upgrade your living space by asking yourself a few questions.

What are the basic skills that will come in hand?

Before you even plan which parts of your home require some retouch, you may want to examine first if you have the skills to do it yourself. If you ignore this point altogether, you might end up doing more harm than good to your house and end up spending more. Some of these skills can’t be learned overnight even if you spend countless hours watching YouTube tutorials or reading self-help books or magazines.

What are the most basic skills you’ll need for DIY home improvement? The following are the abilities you’ll need if you don’t want to call in experts:

  • Basic carpentry
  • Plumbing
  • Painting
  • Electrical skills
  • Gardening

Don’t ever think these skills are merely confined to menial jobs. Aside from coming in handy in these times, you can also do some basic troubleshooting when you’re in the know. That can save you a lot of money.

What percentage of the house requires repair/renovation?

After determining whether or not you can patch up your home, it’s time to figure out which holes to patch. To approximate how much of your house needs repairs, take a look at the following portions and assess the damages courtesy of Resolve by Lowe’s:

  • Water damages
    • Water accumulation in corners and joints
    • Discoloration of paint
    • Changes in texture
    • Odor
  • Structural damage
    • Loose bolts and poorly aligned joints
    • Rusty metal joists
    • Uneven roof or load-bearing walls
    • Cracked walls

 

These simple symptoms can help you determine whether or not a portion of your house requires some basic repairs. If the damage is too severe for your skills, it’s best to call professionals to handle it.

How should I pay for my home repair?

A new paintjob or some kitchen remodeling will not be cheap. Unless you have stacks of cash lying around, the problem with repairing your house is how you will finance it. Fortunately, there are different ways to source your money to make your remodeling possible:

  • Use up your emergency fund. Home repairs, especially when they’re absolutely necessary, are a valid reason to withdraw the funds you’ve been keeping in times of peril. Normally, your emergency funds should be able to cover minor repairs and a few remodeling projects. Once you’ve used them up, be sure to stock up your reserves again.
  • Apply for a personal loan. If your house repair project will require you to spend a moderate amount of money, the best way to finance it is to get a personal loan. These loans are good when you need an amount that can be paid in a short amount of time. In addition, personal loans can be taken without any form of collateral.
  • Get a home loan. Housing loans are not just used to purchase homes. In certain scenarios, you can finance your house renovation by using your current home as a collateral. This is perfect for huge amounts of money to be used for major home overhaul, with the financed amount to be paid under more amenable terms.

Author’s Bio Paragraph

Josh is a Marketing Specialist at eCompareMo. His passion for helping individual in all aspects of online marketing strategy. Aside from his career, he loves also performing with his band in front of hundreds of people. A marketer by day and a performer by night.

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