Weighing the value of your time and effort versus getting a professional to handle the project is entirely unique to your personal interests. Let’s just say, there are certain renovations and updates that are better left to the professionals.
The most important thing to remember is that you will need to develop a clear plan for your renovations (including a detailed budget). The last thing you want is to dump a bunch of money into a home and not see a return. My blog post on The Top Renovations That Pay Back, goes through the details of specific renovations, how much they cost, and what you can expect on your return.
In general, things like interior paint, installing new light fixtures, and replacing knobs and hardware are less expensive updates but are small details that go a long way. The next level up in terms of cost would include replacing carpet (with laminate or hardwood), updating the entryway, building a fence or deck, and investing in landscaping. These are larger projects, but could still be something you can handle yourself, depending on your level of experience.
Kitchen renovations and bathroom renovations typically have the highest return on investment, but may require the help of a professional for certain elements, especially if you are looking to make major changes to plumbing or electrical. On the other hand, updating the cabinets or vanities, adding a contemporary backsplash and replacing old fixtures like faucets and handles are all ways to give your space a facelift and are projects you could safely take on yourself. One of the highest returns on investments that you will see is adding a bathroom on the main level of a home. While it may seem like a large undertaking and may require hiring a professional to help plan and execute the layout and design, it is a feature that will appeal to every buyer out there.
Need more advice on how to add value to your home? Get in touch with me so we can determine which elements will have the greatest impact on the value of your home.