Do-it-yourself home improvements with a two-day turnaround
In partnership with Chase Home Equity Line of Credit offerings - This series called Home Makeover Tips, discusses the most common home improvement topics. Renovation projects can be both daunting and expensive for homeowners. To properly pull off an upgrade, one should have an understanding of the scope of the work, have options to afford materials, and have a good understanding of the best types of DIY projects to take on. So, with the help of home renovation experts, get ready to paint and hammer your way through a dream home makeover.
If you've been itching to tackle a home improvement project during an upcoming weekend, you're not alone. Thirty-eight percent of homeowners recently completed a project on their own, with another 13 percent contributing some DIY labor, notes the National Association of REALTORS' (NAR) 2015 Remodeling Impact Report.
While saving money is a priority for many, this should also be considered when looking for the best way to fund home improvement projects. For instance, using the equity in your home with a Home Equity Line of Credit can be a smart option, in the sense that home equity rates can be lower than credit card or other loan rates, plus interest paid may be tax deductible for home improvements.
Thirty-eight percent of homeowners recently completed a project on their own, with another 13 percent contributing some DIY labor, notes the National Association of REALTORS' (NAR) 2015 Remodeling Impact Report
"It empowers them a lot," says Danny Lipford, host of "Today's Homeowner with Danny Lipford" and a council member.
These eight popular two-day projects, however, would be perfect to consider for your DIY bucket list:
1. Small-space tiling
Beginners should remember the two s's: small and simple. Rather than a bathroom floor that requires cutting around the toilet, look instead to a small foyer or a backsplash for over the sink or stove. Homeowners and experienced weekend warriors, Dan and Sandy Grise of Stratford, Connecticut, were more ambitious: two full adjoining walls. While Sandy was new to tiling, Dan had assisted others. His advice: Research drying times, gather materials in advance, and "send the kids to Grandma's."
HPC survey fact: 52 percent view backsplash tiling as DIY-suitable.
2. Ceiling fan refresh
These fixtures don't take long to look dated and worn. Try taking an obsolete ceiling fan and refurbishing it. Lipford explains that this project includes cleaning the blades and metal components with denatured alcohol, rubbing metal surfaces with steel wool and spraying those metal pieces with a nickel-look or other spray paint before rehanging.
3. Wall makeovers (two weekends)
This one would be best split into two weekends. "You never know how long it's going to take," says Dan Grise, who has tackled several rooms, using solutions to release before scraping wallpaper off and prepping the walls.
- Weekend 1: Removing wallpaper.
- Weekend 2: Paint.
4. Flooring refinish (or Replacement)
Lipford suggests vinyl plank flooring, which requires no glue and cuts with a razor.
NAR research fact: Hardwood floor refinishing costs should be recovered in full when selling.
5. Bathroom refresh
Install a new showerhead, a bowed shower curtain and "some fantastic-looking grab bars" for safety and aesthetics, advises Lipford.
Tip: A trim kit can make replacing the outer part of a faucet easy.
6. Closet organization
Add any number of readily available shelving and rollout pieces. "A lot of people really enjoy this type of project," says Lipford.
Tip: Purge closet first. If you haven't worn it in the last year, it may be time to say bye-bye.
7. Curb appeal
Think fresh mulch, flowers, fertilizer and a new mailbox. And don't ignore the front door. The Grise family prioritized getting rid of their pink door upon move-in. It took them about 10 hours, since there was lots of detailing to be sanded and prepped.
HPC survey facts: 86 percent view building and installing a mailbox as a DIY project; 77 percent can see themselves landscaping on their own.
8. Backyard boost
Building a small patio or a firepit is a manageable weekend project for many. A 5-foot-by-5-foot concrete patio, for example, can be built using concrete forms and a firepit kit with interlocking pieces.
Project jitters? Maybe a professional can assist. Search for local weekend warrior programs for "DIY'ers". These allow you to work under a licensed contractor's wing. Master Craftsman Robert Botway of Suffolk County, New York runs a program that allows many homeowners to watch how it is done. He says, "I make sure they at least try some of the tasks." Next time perhaps they'll take on a challenge on their own.
JPMorgan Chase does not offer tax advice. Please consult your tax advisor regarding the deductibility of interest for home improvements.