Taking on a property renovation or even a restoration project is a fine balancing act. You need to finish the renovations to a high standard whilst also trying to stay within your allotted budget. Failure to keep both in check can lead to a poor end product or serious financial implications, so understanding the pros and cons of both, as well as your own skillset is critical for project management. Below we’ll explore some of the pros and cons of each and perhaps how you can find a balance between DIYing and outsourcing.
DIY: Pros and cons
Do-it-yourself or DIY is a popular choice for many renovators, largely because of the cost saving. By completing much of the project yourself and sourcing your own materials and products you can effectively complete the project for a fraction of the price in comparison to if you relied on professionals. It also gives you greater control over project timelines because you don’t have to book tradespeople in advance and you can be free with your decision-making.
On the flip side, DIYing your project could risk the renovation not going to plan or falling short of acceptable standards if you aren’t a skilled or experienced renovator. This could actually end up costing you more if you make mistakes or damage the property while you are working. It’s also a significant burden to take on so much of the project on your own and this can be overwhelming for some people.
Outsource: Pros and cons
The main argument in favour of outsourcing to professionals is the (almost) guarantee of a more professional finish and higher standard of work. With delicate or tricky tasks this can be the difference between an okay and a great renovation – an important distinction if you plan on flipping the property for a profit. Tradespeople will have the right tools for every job, including electric saws from suppliers like RS, and can also offer expert guidance and recommendations if you’re new to renovating.
But, of course, professionals cost significantly more to hire and your budget might not be big enough to cover these expenses. Working with third parties can also constrain you or your project somewhat, especially if they only have certain slots available or long waiting lists.
Finding the balance
Realistically, you will need to find the delicate balance between DIY and hiring tradespeople. A good rule of thumb is to assess what aspects of the renovation are key to the end product or final vision and invest in professionals in these elements rather than in more insignificant jobs or tasks that you can confidently complete yourself. Also don’t be silly enough to DIY anything involving gas, electricity or water (unless you’re a trained professional in those areas) because you could hurt yourself, others or your property.
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