How to Save Money on Repairs after Buying a House

Published On: September 27, 20200 Comments on How to Save Money on Repairs after Buying a HouseTags: Last Updated: February 9, 20244.1 min read

If you’ve recently bought a new house, we congratulate you. Years and years of hard work and saving up have paid off. Not all houses are ready to move into once you buy them, though. Some houses will require months and months of repairs and renovations. You want to make the house feel welcoming and feel as good as new.

How to Save Money on Repairs after Buying a House

We understand, and that’s why we’ve made a list of ways you can do these repairs without breaking the bank.

Create a Budget

If it will require a lot of money that goes to different places, it’s always a good idea to make a budget. Creating a budget doesn’t mean sticking to buying cheap materials and fixtures. It means knowing where and what you’ll be spending your money on. Look up different items to buy, see what’s less expensive and what is better in quality. Make a list of those items and calculate how much you’ll be spending. If it exceeds the budget, maybe you need to make some changes.

Create an Inspection Checklist

You need to know what needs to be fixed before you start buying new stuff. A good well-made home inspection checklist will include stuff like the HVAC system, the roofing, and the plumbing. If any of these 3 things need replacement, it will save you a lot to do it right away. If you haven’t bought the house yet, you might consider looking for another one if there are a lot of repairs that are needed in this one. Or you can ask for a reduced price, as repairs can cost a lot of money. Whether you’ve already bought the house or not, these checklists will come in handy.



DIY It

Doing some of the work yourself will save some of the labor money. Some tasks are easy, and you don’t need to be a professional to execute them. You will be spending about hundreds of dollars less on each part you work on. If you’ve DIY-ed before and you’re quite the handyman, then YouTube is your best friend. You can find tutorials for almost everything. Just keep in mind that some tasks can’t be DIY-ed because you need a license for them, like electrical work.

But Borrow a Helping Hand When You Need One

Okay, we know we just said that you can DIY it. However, for some tasks, you have to hire a professional. That includes tiling for one, it’s a task that will cost you more if you mess it up. You will be saving money when you have a professional with you. It doesn’t even have to be a ‘professional’. It can be a friend who has done this before or a fellow DIYer. Know when to ask for tips and when to ask for an extra hand, and don’t be too shy to do so.

Reuse Items

Not everything in your house has to be brand new. If you can use some of the items that come with the house, you’ll be saving a lot of money. The cabinets in the kitchen can become brand new if you just add a fresh coat of paint. If they’re painted in wood which is outdated, consider painting them white which is very trendy. Or you can repaint them according to the style you want for the whole house. The same applies to the doors, give them some paint or lamination and they will be just great. There are a lot of things you can use, just make sure they are made of good materials.

How to Save Money on Repairs after Buying a House - yard sale

Sell What You Don’t Need

You will have some items in your new house or leftovers from the old house. If there’s something you don’t plan on using, sell it. There must be some antiques and things that are valuable but won’t fit your style. Prepare for an open house, and it could even be a good way to get to know your new neighbors and socialize. Your leftovers and trash could as well be another person’s treasure.

It will take you a lot of time and effort to turn your old house into a new haven. But we assure you, it’s worth it. First, make an inspection list, to determine what needs fixing and what needs replacement. Then, make a list of items to buy with their prices. Write down the things you can do yourself, and when you can do them, and how. But bear in mind that you will need some help in other areas, and you should make room in your budget for that. Finally, take a look at all the items you have already. Renovate the items you want and sell the ones you don’t need.


Share This Tip With Your Friends!

About the Author: Handyman tips team

The Handyman Tips Team is a group of authors that provides tips on the Handyman Tips website. The Handyman Tips team consists of real handymen, contractors, carpenters, woodworkers, and experts in home repairs, appliance repairs, and landscaping. The team is always there for visitors to the Handyman Tips website. If you can't find the answer to your question on the Handyman Tips website, one of them will reply to you almost immediately if you contact them through the Ask the Handyman page!