Ways To Pay For a Large Home Improvement Project

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Since the housing crash a lot of people have found themselves in homes that don't have any equity built up, meaning they have no easy way to pay for the home remodeling projects they planned when they first moved into their homes. Though selling a home and moving can be expensive, it can be just as costly to upgrade an existing home in many cases due to the high cost of construction materials and labor.

Most big home improvement projects are expensive enough that it's difficult to save up all the money you need all at once. By the same token, home improvements have become much more involved and complex and often entail completely changing a room rather than just applying a little paint and moving around some furniture. Here are three ways you can make a home improvement more affordable:

Do Little Bits of the Project At A Time: A lot of home improvement projects are really a bunch of smaller tasks all put together. When you remodel a kitchen you're really replacing floors, replacing cabinets, replacing applians and so forth. Instead of putting out the full amount of money all at once, why not upgrade one aspect of your kitchen each year so that the cost is spread out over multiple years.

Credit Cards Offered By Home Improvement Stores: A lot of home improvement stores such as Lowe's and The Home Depot offer low interest rate credit cards with zero interest or no payments for a limited amount of time. These stores usually offer great interest rates and special deals on materials and even contractor services if you use their cards, so you can save some real money with them over the long run.

Do the Work Yourself: There are a lot of great Do-It-Yourself home improvement books, videos and even blogs out there you can read to see how to do certain jobs. Even if you're a home improvement amateur you may be able to learn enough from a little bit of research to at least do part of the job yourself and only hire the professionals for the really important part of the job. Anything you can do yourself on your home will ultimately save you money over hiring someone else to do it.

Improving your home is a great way to increase your home's value, make yourself feel good about where you live and even give you a sense of renewed pride and hope. Paying for a home improvement doesn't have to be painful if you have a plan and you're smart with your money. Using some of these money-saving home improvement financing methods will help you turn your house into a dream home in no time!

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November 29, 2010

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February 28, 2011

Despite the creative frustration you've suffered, you've obviously been able to enjoy the humor in this home improvement adventure. :) Isn't it a blessing when we can sit down (fall down?) and laugh out loud at ourselves? As someone who has been similarly tantalized by home improvement shows and suffered through less than expected results I totally sympathize. I alternately love and hate HGTV. LOL! It does seem that many of us are suffering from "unbalanced valance" lately. I'm sure that balance, and new opportunities, will undoubtedly be achieved eventually. Thanks for sharing! :)

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What once was a good idea is beginning to sound more and more like a money trap to me.

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June 1, 2011

Doris @ 4:59 am #

I'm really impressed, and proud of you! And, I had a good laugh at your "outfit." Do you remember when we painted your room when you were little? You wore one of my sweatshirts and an old (dressy) hat of mine, and joined in the fun. I think you have to be young (or at least able to avoid thinking about how much work is involved) to even contemplate home improvement projects like this one. I know Little Sister and her mom do this kind of thing all the time, and my younger sister (by 10 years) has her own tools and toolbelt for her many fix-it projects– but I'm happy nagging my husband to do it, and, if it doesn't get done, oh well! Looking forward to seeing your finished project…I know it will be gorgeous!

June 14, 2011

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I didn't know there was a boycott planned for Lowe's. How about the rest of Bill O'Reilly's advertisers? Where do I signup? The only way to shut this stupid shit up is get him in his wallet. It works everytime.

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