Real Estate Guides and Resources

How to Avoid Common Do-It-Yourself Mistakes

Ask yourself these questions before you heft that hammer.

Want to make sure your do-it-yourself project doesn’t turn into a screw-it-up-yourself project? Increase your chances of success by asking yourself these questions before you start, courtesy of Abby Buford, a spokeswoman for Lowe’s® home improvement stores.

Is your DIY project cosmetic, structural or a system change?
If it’s cosmetic, like painting, you’re probably safe tackling it on your own, Buford says. If it’s structural (involving changes to the foundation, walls or home exterior) or a system change (affecting the plumbing or heating and air conditioning), Buford suggests setting up a mock area where you practice using materials such as cardboard and masking tape.

Have you done your research?
Do you know what tools and material you will need and how much they will cost? Will you need permits from county or city government? There’s a good chance you will if the project is structural or involves a system change, Buford says. Research the project by reading books and magazines, talking to friends and family, comparing Internet sites and using tools such as the Lowes.com library. Hardware stores also may have experts on hand to guide you.

Have you created a realistic budget?
Determine how much the project will cost, then add at least 20 percent, Buford says. Be sure you account for materials and tools you will need to buy or rent, the fees for any necessary permits, the possibility of needing additional materials, and “any unforeseen hiccup,” she says.

How will you pay for the project?
Some people set aside cash ahead of time. Other options include home equity loans or home equity lines of credit. Hardware stores usually offer financing through store cards. The interest rate is likely higher than for a home equity loan. If you decide to finance your project with a store credit card, look for deals where you can pay off the amount in a certain number of months without incurring interest.

Can you complete the project safely?
Will you be working on an older home that might have hazards such as asbestos or lead-based paint? Have you familiarized yourself with any power tools you might need to use? Do you have stepladders, safety goggles, gloves and other supplies?

Do you have time to complete the project?
Just as they often cost more than expected, DIY projects often take longer than expected. “Allow for extra time and a learning curve,” Buford says.

Can you complete the job by yourself? If not, who will help?
“If you make that decision ahead of time, you won’t have to stop to train a person in the middle of the project,” Buford notes.

Do you have the patience to do the project?
Be honest with yourself. Many people end up with half-finished projects around the house because they don’t have the patience to see them through.

“If you research ahead of time and plan on the front end, you can really create a successful project,” Buford says, turning do-it-yourself into I-did-it-myself.

 


Published on July 23, 2007