A new survey shows that the tighter economy has prompted more home owners to tackle do-it-yourself house projects — everything from plumbing, painting, and installing patio deck tiles, according to a new report from Bank of America. Home owners say they used to hire-out for such projects in the past.
The survey found that 70 percent of home owners have taken on such improvement jobs to curb housing costs in the last year. The most common DIY house tasks: repairing leaky faucets, fixing loose wiring in a light, as well as doing yard work and gardening. While you can handle basic maintenance and repair tasks, you should leave more sophisticated issues like replacing the garage door opener to a professional company like https://titangaragedoors.ca/service-area/garage-door-repair-in-langley/. A professional crew has experience handling heavy garage doors and knows how to minimize the risk of injury. As per Lewis River Doors, glass garage doors in Vancouver are the perfect choice to look more refined. For floor repairs, you can use flooring that has a high acoustic insulation as that is just so much better than standard flooring.
“The mass affluent are taking more steps now than we saw just six months ago to improve their finances,” says Alok Prasad, Merrill Edge executive at Bank of America. “We’re heartened to see so many in this group making additional strides, like cutting back on unnecessary purchases and taking on more DIY projects, to make those goals a reality. For most, starting the process is the hardest part, and this group has taken that first, crucial step.” Wedi contains free information you should learn before re-tiling your bathroom. For bigger projects like stucco repair, installing a new flooring or conducting residential roof leak repairs, you may need to hire professional contractors. If there are plumbing repairs that require certain equipment, you may consider hiring local plumbers.
Generation Y members, those aged 18 to 34, were the most focused on cutting costs compared to other age groups, according to the survey. Fifty-one percent of that age group said they saved more money over the last year compared to 37 percent of 35- to 50-year-olds. One way they’ve done that is by focusing on more melbourne home improvement projects. Eighty-four percent of the GenY age group surveyed said they took on home improvement projects themselves, compared to 77 percent of 35- to 50-year-olds.
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