Top 10 Do It Yourself Mistakes
With spring on the horizon and home projects back on the agenda after the long winter months, here are 10 "Do It Yourself Mistakes" that should be avoided.
1) Buying Too High or the Wrong Location -
Before ever starting that home remodeling project owners need to be careful that they haven't shot themselves in the foot. Buyers need to be careful that comparable homes will be able to support the improvements that the owner intends to make.
2) Not Researching Code and Obtaining a Permit -
Although sometimes getting permits is a hassle and time consuming, they are important to get because they protect the investment. Without obtaining a permit, home owners run the risk of having to tear out there work if caught and also the protection of knowing the quality of work done.
3) Failure to Prepare a Written Work Plan -
When starting a job put together a time line of the steps involved and the realistic time it will take to finish. A good idea is to get a daily calendar and write in each day what is expected to be finished within that day.
4) Under Budgeting -
Be very detailed when putting together a budget for improvements. Figure in everything and then add up to 30% for wasted usage and material price increases.
5) Tackling Jobs for Which You are Unqualified -
Don't be so bold to think that you can do more than you actually can. Hire people to do things that you are knowledgeable at and skilled at. Time is money and the time saved is well worth the money spend.
6) Not Planning for the Unexpected -
When demolition starts on that new project expect the unexpected. There always seems to be that one things that throws your home remodeling project for a loop and adds time and money to the bottom line. Always expect for the unexpected.
7) Waiving a Home Inspection -
The most costly mistake for homeowners is not to get an inspection by a certified inspector when purchasing a home. This mistake can cost money and put the new home buyer in financial jeopardy.
8) Using the Wrong Tools -
Buy the right tools for the job. If inadequate tools are used the job will take longer and quality of work won't be as good.
9) Buying Cheap Materials -
By chimping on materials the future sale of the home is in jeopardy. Buyers will notice the small things and by using cheaper materials quality will be noticed. Spend the money for quality and the improvements will hold their value.
10) Under Estimating the Resale Value -
Be vary careful in thinking that all your improvements will produce over appreciation. In many cases looking at comparable properties and their conditions before starting an improvement project is important. Don't ever over improve your property above what the neighborhoods standard.
Let us give you the service you deserve from a professional Real Estate Team
Nolting Real Estate
14272 Manchester Road
Manchester, Mo 63011
NoltingRealEstate.com and/or
(636) 391-9997
1) Buying Too High or the Wrong Location -
Before ever starting that home remodeling project owners need to be careful that they haven't shot themselves in the foot. Buyers need to be careful that comparable homes will be able to support the improvements that the owner intends to make.
2) Not Researching Code and Obtaining a Permit -
Although sometimes getting permits is a hassle and time consuming, they are important to get because they protect the investment. Without obtaining a permit, home owners run the risk of having to tear out there work if caught and also the protection of knowing the quality of work done.
3) Failure to Prepare a Written Work Plan -
When starting a job put together a time line of the steps involved and the realistic time it will take to finish. A good idea is to get a daily calendar and write in each day what is expected to be finished within that day.
4) Under Budgeting -
Be very detailed when putting together a budget for improvements. Figure in everything and then add up to 30% for wasted usage and material price increases.
5) Tackling Jobs for Which You are Unqualified -
Don't be so bold to think that you can do more than you actually can. Hire people to do things that you are knowledgeable at and skilled at. Time is money and the time saved is well worth the money spend.
6) Not Planning for the Unexpected -
When demolition starts on that new project expect the unexpected. There always seems to be that one things that throws your home remodeling project for a loop and adds time and money to the bottom line. Always expect for the unexpected.
7) Waiving a Home Inspection -
The most costly mistake for homeowners is not to get an inspection by a certified inspector when purchasing a home. This mistake can cost money and put the new home buyer in financial jeopardy.
8) Using the Wrong Tools -
Buy the right tools for the job. If inadequate tools are used the job will take longer and quality of work won't be as good.
9) Buying Cheap Materials -
By chimping on materials the future sale of the home is in jeopardy. Buyers will notice the small things and by using cheaper materials quality will be noticed. Spend the money for quality and the improvements will hold their value.
10) Under Estimating the Resale Value -
Be vary careful in thinking that all your improvements will produce over appreciation. In many cases looking at comparable properties and their conditions before starting an improvement project is important. Don't ever over improve your property above what the neighborhoods standard.
Let us give you the service you deserve from a professional Real Estate Team
Nolting Real Estate
14272 Manchester Road
Manchester, Mo 63011
NoltingRealEstate.com and/or
(636) 391-9997
posted by Russell T. Nolting at
11:02 AM
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