Sticking to a budget

It is easy to go over budget with home improvements, but with these easy steps, you can stay in the black


Make text smaller Make text larger



Photos





Know What is Important

Know what is important to you and what is important for increasing the value of your home. Some projects see a greater return on investment, and certain projects will affect your listing price more than others.

It also is important to know what you value. Oftentimes mid-project, you will find yourself needing to make tough choices on materials or installation costs. Knowing what you are willing to compromise on will make this decision smoother.

DIY. Or Not.

Completing a home project yourself to save money may not necessarily be the best way to go. For example, if you don't have the knowledge or experience, you could end up paying much more in the long run.

While your labor is free, knowledge certainly isn't. It is smarter — and more budget-friendly — to know what you can handle and what is over your head.

When to Hire an Expert

If you feel like a project is over your head, it is time to start looking for an expert. Be sure to get at least three quotes for each service you need done.

Remember that bids are about more than price. You should care about outcome, as well. Going with the cheapest bid doesn't do you any good if the level of work proves to be less than desired.

Budget for the Unexpected

Pad your budget. No matter what you think something will cost, unexpected issues always arise, from a hidden pipe that needs moving, to extra shipping charges, to unanticipated permit fees.A safety net of 10 percent of your overall budget should protect you from overextending yourself.



Make text smaller Make text larger

Comments

Pool Rules



MUST READ NEWS

Kaylyn Amy Wynne
Kaylyn Amy Wynne of Monroe passed away unexpectedly Saturday, July 14, 2018. She was 21 years old.
The daughter of Kevin and Deborah Hardy Wynne, she was born Jan. 30, 1997,...

Read more »
Image

Enjoy a summertime full moon hike at the Hudson Highlands Nature Museum
CORNWALL — On Friday, July 27, at 7:30 p.m., join the Hudson Highlands Nature Museum for a Full Moon Hike at the Museum’s...
Read more »
Image

Keeping cool at the Rez
Photo by George Sewitt
Lieutenant Tom Kakis and members of the Woodbury Fire Department spray children of all ages at “Kids Day at Earl Reservoir” last Saturday,...

Read more »
Image

College Admissions Expert Elizabeth Levine: Evaluation in the College Admission Process
Although every college is different, as are their priorities for admissions decisions, the list below outlines the top 12 strengths and experiences colleges look for in high...
Read more »
Image

VIDEOS



Subscribe to our mailing list

* indicates required
Community Newspapers


Weather in Monroe, NY