The cost of homeownership extends well beyond just the monthly mortgage payment. For example, there is home insurance, property taxes, maintenance, landscaping, emergency repairs, decorating, etc.
If there is a portion of your home in need of repair and it needs immediate attention you may wonder whether you should save some money and perform the repair yourself or hire a professional to do it. While doing the repair yourself will save you some money there is some risk involved to performing repair tasks on your own especially if you are not a home professional.
Before you make the decision to tackle a repair job on your own here are four questions to ask yourself
Is this a safe repair?
It is never a good idea to compromise your safety or well-being to get your home back in top shape. Before you decide to tackle any job on your own you need to ask yourself if performing the task will be safe for someone that is not properly trained. If the repair involves something like dealing with electrical wiring or crawling into a very small area or maybe even on top of the roof all of these things need added safety precautions of trained professionals. It is a smart idea to consider exactly what would be needed to perform the task at hand and if it should be conducted by someone who does this on a daily basis with the proper safety equipment.
How much time will it require?
Many of us lead busy lives and getting into a repair project can take plenty of time especially if the repair is a large or significant one. In many cases repairs have unseen bigger issues than the one we see with our eyes such as plumbing. Many times we may see a leaky faucet but there could be more issues lying behind the walls in the form of a leaky pipe which will take much more time and some more expertise to get the job done correctly. It is always a good idea to ask yourself if you have enough time to dedicate to the repair that is needed.
Do you have the proper tools?
Doing a home repair can save you a significant amount of money over paying for professional labor to get it done, however, if you do not have the proper tools it could end up costing you just as much in order to purchase the tools necessary to get the job done. In some cases, if the job requires heavy equipment or special expensive tools then you are better off hiring a professional who already owns those tools than to rent them or purchase them.
Is it worth the trade-off?
The time that you will need to dedicate to performing the repair could be used to get something else completed or to do something you would enjoy doing. One thing that you can ask yourself is if there is something you would rather be doing that would be more worth your time. In some cases, the frustration or anxiety or resentment is not worth the savings of the cost to have someone perform the task for you.
The allure of saving some money or performing a repair task on your home and being proud of a job you completed on your own is a big reason why many people choose to handle repairs themselves on their home. But sometimes the do-it-yourself repair can go awry because you do not have the expertise, the tools, or the time to perform these tasks. As much as you may want to save money or learn a new skill hiring someone may be the better choice for your personal situation it is always best to assess what would be best for your home.
For more information on great homes in Windmark Beach or other Forgotten Coast area real estate please contact us any time.