ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How To Save Money On Home Repairs

Updated on September 3, 2012


HOW TO SAVE ON HOME REPAIRS


Home repairs can be extremely costly and can come at you when you least expect it.

Knowing how you'll handle the situation is key to managing your budget and saving money in the long run.

Have a plan in place for what you'll do if you need home repairs in the future.

More importantly, if you need home repairs now and can't see how you're going to be able to pay for them, let's have a look at some of the options.


TIPS ON HOW TO SAVE MONEY ON HOME REPAIRS


This is one situation where having an emergency fund is really, really helpful! It saves you from having to finance something and paying more in interest than you should.

If you can budget for your emergency fund on a regular basis, you will avoid spending way too much on bigger repairs.

If you have smaller home repairs that need doing or you have multiple home repairs, prioritize. Decide which home repairs are the most crucial and attack them first.


Source


Are there things that you can repair yourself? Even if you do the "grunt work" like ripping up old carpet because of a water leak, or tearing down a wall because of water damage, you'll save money.

You can negotiate the cost of your labor being deducted from the overall cost of replacement. There are also a lot of ways that you can save money by being a do-it-yourselfer even if your talents are not sufficient to complete the whole job.

You can also ask to be an apprentice/helper and save money that way if the person doing major home repairs is open to this frugal way of home repair.

You can learn all kinds of neat tricks and get a discount on your home repairs if an apprentice or helper is needed and if you can do the job!

Always think it through - can you do the repairs or do you need a professional? It is all about the level of repair and your skill set.

If you know how to make repairs that's one thing but can you honestly say for instance you can replace a roof?

Divide and conquer. Do the things that you can do without creating a bigger problem and hire out the things that are simply too big to tackle or could result in more problems or even dangerous situations.

If you're not an electrician, don't try and save money and do it yourself.

Find a good/reputable contractor if you need help with major repairs or remodels. Check out people with the Better Business Bureau but ask around. Get recommendations from people you trust and then interview the person yourself.

Don't pay everything up front if you hire a contractor. If there's a pay up front clause, you need to find another contractor. Do you know anyone who gets paid before the job is completed? I don't.

They can take the money and run or they can do half the project and leave you stranded, struggling to find another contractor to fix or finish what was started.

Bad business practice to pay for anything until it's completed. Deposit on the work to be accomplished, yes - payment in full - no way, Jose!

Take the time to check out other projects that your contractor has completed. It's like a resume. Go and look at the finished product before hiring them.

Don't hire the cheapest bidder either. You may be sorry in the long run. On simple or quick jobs that may be okay but for complicated jobs, check out his work!

MORE ADVICE ON SAVING MONEY ON HOME REPAIRS


Buy materials yourself. Some contractors don't like this. If you need a contractor, ask up front if you can buy materials yourself and negotiate accordingly. Why?

They will mark up the materials that they use or they will just buy as they are accustomed to buying. If you do your research and especially if you buy online and from different sources, you can save major bucks.

Don't forget remnants for carpeting or discontinued items for flooring, etc. Make sure you buy up to code materials but if your contractor gives you the green light, save ahoy!

Energy saving appliances or conversion of furnaces, air conditioners, roofing, etc. may cost more but don't be surprised. Ask about rebates from a contractor or go on line and research it yourself.

Most replacements or choices that are energy efficient are strangely higher in price than their less energy efficient counterparts. However, the thing here is that you usually can get manufacturer's rebates, tax credits, and the savings over time will more than pay for the choice you make.

Check out energystar.com or even irs.gov and see what items you can use that will give you rebates or tax credits - but always ask!

Ask your contractor, ask whoever you buy products from and ask your accountant.

Save energy wherever you can and even if you pay more upfront costs, you'll save over time!

Instead of recycled materials, you can use repurposed materials. Look online for rebuilding centers. These are places that offer repurposed materials - from home furnishings to raw materials and you can save a bundle.


SAVING MONEY ON HOME REPAIRS


In short, you can save a bundle of bucks with these money-saving ideas for home repairs. 

If you can't afford home repairs or budget for them, it's probably best to be a renter so as not to get caught in the upkeep game. 

Owning a home of any age is all about keeping it up to date and doing periodic maintenance that will save you big bucks over time. 

For do-it-yourself folks, visit Lowe's or Home Depot for loads of classes on how to do things. 

You can also find numerous do-it-yourself videos on line and visit any of a number of DIY websites. 

For the people that like reading a book, you can buy or check out books on how to do home repairs yourself and learn any number of ways to save money and make your house better and retain its value more.

Just remember to repair things within your skill set and leave the things you're not so sure about to the contractors - but you can still save money by employing the above techniques with them!

Comments

    0 of 8192 characters used
    Post Comment

    • akirchner profile imageAUTHOR

      Audrey Kirchner 

      7 years ago from Washington

      ASB - Thanks for the read - glad you liked it!

    • AllSuretyBonds profile image

      AllSuretyBonds 

      7 years ago

      Great Hub with some nice advice on how to save on home repairs. I like your suggestion about buying the materials yourself. Yes, some contractors won't like that but if it saves you money then its ok. I know most contractors will up the charge on materials to make a little extra money.

    • akirchner profile imageAUTHOR

      Audrey Kirchner 

      7 years ago from Washington

      John Smith - Thanks so much for stopping by - and if you have a low budget or even if you don't - you can save big bucks by doing it yourself!

    • profile image

      John Smith 

      7 years ago

      It is always nice to know that there are ways where we can save when we want to have our home repair. The tips are very useful especially for being wise enough and for those who have low budgets on their project.

    • akirchner profile imageAUTHOR

      Audrey Kirchner 

      7 years ago from Washington

      Thanks as always, Hanna~!

    • Hello, hello, profile image

      Hello, hello, 

      7 years ago from London, UK

      Great hub with solid good advice.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)