5 Tips For Saving Money On Your DIY Renovation Project

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Making improvements to your home can be exciting, but it can also be rather costly. Doing it yourself is a good way to save money on labor costs, but you could still be worried about how much you're going to spend. Luckily, there are quite a few different ways that you can save money on your DIY renovation project. Try these five tips, and you're sure to stay within your budget while still making wonderful improvements to your home.

1. Rent Your Tools

Don't assume that you have to spend a lot of money stocking up on tools for your project. Instead, look for a company that offers tool rentals, such as Location Ferrento. Another option is to stop by a local pawn shop or to check out your local classifieds to find out about affordable used tools.

2. Use Standard Sizes of Everything

When planning out your project, make sure that you use standard sizes of everything. For example, plan to use wood in 10-foot, 12-foot, 14-foot or 16-foot increments; this can help cut down on waste and can also help you reduce the number of cuts that you need to make.

3. Use Online Tutorials and Videos

Don't let the excuse of not knowing how to do something cost you a lot of money. If you're handy with tools at all, there are plenty of things that you can learn how to do. Look for online tutorials and videos, and check out the manufacturer's website for tips and tricks for installation. Then, you can cut down on the number of people who you have to hire and can tackle more of your own project.

4. Use Existing Plumbing and Wiring

When planning plumbing and wiring projects, make sure that you keep your existing wires and pipes in mind. By tying in your new projects with your existing plumbing and wiring, you can save yourself a lot of money and time.

5. Use Paint for Everything

Paint is super cheap and can have a big impact throughout your home, so use it as much as possible. Think outside of the box; instead of just painting your walls, consider painting your ceilings, cabinets, drawers and more. Adding a fresh coat of paint is a great way to add a pop of color and a "new" look to many different parts of your home.

As you can see, there are quite a few different ways to improve the look of your home without spending a fortune. Remember these five simple yet tried-and-true tips, and you can save more money than you probably think while still doing wonderful things for your home.