Before You Start a Home Repair or Improvement Project


Plan ahead. Create a list of all needed repairs and desired improvements. Then set up a schedule for repairs and home improvements. Remember your spending plan!

Do your homework. Study home repair books, take some classes, or talk to contractors and friends about your house. Seek information that can help you understand your home’s maintenance needs.

Know what you want. Be specific when describing (in writing) the proposed work, including dimensions, materials, colors, style, etc. For larger projects, it may be worthwhile to work with an architect or construction manager to develop plans and specifications.

Determine how you will pay. For larger projects, consider a loan from a bank or credit union, but NEVER sign the work contract before you know all of the terms of your loan. If your contractor offers a financing option, scrutinize the lender carefully. Make sure that the term and payments fit into your spending plan.

Consider the “life-cycle costs" of materials and appliances. Try to compare materials not just by their initial costs, but also by their maintenance costs and how long they will last. Using this standard, a hardwood floor, in the long run, would be a better investment than carpeting.

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