Home Improvements: DIY or Hire a Pro? Nov21

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Home Improvements: DIY or Hire a Pro?

FoxBusiness.com recently weighed in on the dilemma:

Home improvement shows and magazines make repairs look easy, but sometimes taking the do-it-yourself approach can end up costing more money than hiring a professional.

Unless you are handy or have experience in the home improvement business, experts recommend doing extensive research before going at a project alone.

“DIY projects are rarely as easy as they seem, and all too often it ends up costing you,” says Angie Hicks, founder of online referral service Angie’s List www.angieslist.com. “Thousands of people, for example, end up in the emergency room every year because of ladder falls, power tools that got away from them, situations like that. Even if you’re not injured, you could end up paying twice for the project – once for your attempt and then again when you’re in over your head and have to call a pro to fix the mess.”

Home improvement experts recommend evaluating your strengths and ability to get a job done before launching a project After all, you don’t want to start something only to let it languish for months or even years, which according to Hicks, is often the case. She suggests evaluating whether you have the time and tools to properly complete a project.

The cost of your time should also be considered when contemplating a project. “Too often, people forget to put a price on their time when they’re deciding whether to DIY or hire,” says Hicks. “They add up the cost of the supplies and think they’re going to be saving themselves a bundle. They forget that they are likely going to spend more time on the work than a professional would, even if it goes well.”

Read the full story here.