6+ Simple Strategies to Save a Fortune on Home Repairs

6+ Simple Strategies to Save a Fortune on Home Repairs

Homeownership definitely has its share of expenses. A major chunk of these comes from home repairs, but would you believe you could save thousands on these costs by making simple minor adjustments? I’ve done it countless times. Here’s how, over many years, I’ve picked up some easy tricks that can help you cut home repair costs.

ELECTRICITY:

Electricity-related concerns can indeed be daunting, and there are some areas that are best left to the professionals. Anything beyond your level of understanding or needing specialized permits, should obviously be outsourced. However, several smaller electrical fixes can be managed by homeowners themselves, leading to substantial savings.

Here’s a list of simple, do-it-yourself electrical fixes:
• Changing electrical outlets
• Replacing an electrical outlet box
• Repairing a 3-way light switch
• Installing a junction box
• Installing a new ceiling fan
• Checking wire connections to prevent fire hazards
• Testing circuit breakers for correct functioning
• Replacing a faulty circuit breaker
• Installing a new smart thermostat
• Repairing a broken doorbell

DIY ESSENTIAL ELECTRICAL TOOLS:

Ensure that you’ve got the following tools handy:
• Electric drill
• Electrical tape
• Level
• Pliers
• Screwdriver
• Wire strippers
• Tape measure
• Voltmeter
• Wire nuts

PLUMBING:

Plumbing is another common area where frequent household repairs are required. Over time, internal components wear down and replacements become necessary. However, hiring plumbers for every minor fix can be an expensive affair.

Here’s a list of simple, do-it-yourself plumbing repairs:
• Replacing toilet tank parts
• Replacing a toilet
• Fixing a leaking sink faucet
• Replacing a sink
• Fixing a sink stopper
• Unclogging a bathtub drain
• Clearing a showerhead for better water flow
• Repairing a garbage disposal unit
• Repairing a minor pipe leak
• Replacing a p-trap

ESSENTIAL PLUMBING TOOLS:

These tools will help you fix regular plumbing issues:
• Flashlight
• Hacksaw
• Locking pliers
• Metal file
• Plumber’s putty
• Plumber’s tape
• Plumbing wrench
• Plunger
• Screwdriver
• Small metal snake
• Socket wrench
• Waterproof silicone caulk and caulk gun

PAINTING:

Painting is another repair activity that can be quite budget-friendly, particularly when taking advantage of promotional offers or sales. A good paint job can significantly upgrade your property’s aesthetic appeal and protect certain areas from wear. By painting certain areas around your house, you can enhance your home’s lifespan and reduce long-term costs.

Want to freshen up inexpensively? Grab a paintbrush and work on your:
• Cabinets
• Decks
• Doors
• Patios
• Trim
• Walls

ESSENTIAL PAINTING TOOLS:

Here are the basic tools you should have on hand for painting jobs:
• Dropcloth or plastic sheets
• Ladder
• Large and small paint rollers
• Paint brushes of various sizes
• Paint can opener
• Paint tray
• Painter’s tape
• Stirrer stick

HOME REPAIRS:

There are numerous ways to contribute towards home improvement, and not all would warrant hiring a professional. Remember to balance your time and your budget. If you can confidently handle electricity, plumbing, or painting tasks, you’ll find that it’s possible to make significant savings on home repairs. Then you can redirect these savings to areas you regard as more crucial.

The added satisfaction of having improved your home on your own is simply the icing on the cake! So, what are some home repairs you’ve taken up that led to substantial savings?

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