Pros and Cons Of Being Your Own Contractor
You’re ready to give your home an extreme makeover and you are standing at a crossroads with a hammer in hand. Do you complete all of the renovations yourself or leave them in the hands of a professional? You must weigh the risks versus rewards before you drive the first nail or place a call for help. Here are the pros and cons of being your own contractor.
Pros Of Being Your Own Contractor
Pay Yourself: Hiring a contractor can be very expensive. The rate for a contractor is around $77 per hour, which adds up quickly for projects large and small. The money you save by doing the work yourself can be put right back into the job, letting you upgrade your materials or save for your next big project.
Power Of The Internet: If you can dream it, you can probably find it on the internet. The web lets you watch how-to-videos, learn from others’ mistakes and order the supplies you need – all from the comfort of your own home. You may not be an expert, but the internet will allow you to get in touch quickly with someone who is. You can use forums and DIY videos to help figure out potential problems and get timely advice. You can control 100 percent of the project from concept to finished product.
Pure Satisfaction: There’s an emotional appreciation that comes with doing all the work on your own. You will understand completely the time it took and the trials and tribulations associated with completing the job. Not only will you get personal satisfaction, but also props from your family and friends – always a welcome boost to your self-esteem.
Cons Of Being Your Own Contractor
Time Management: You have only 24 hours in a day and seven days in a week. You have a full-time job and countless of other responsibilities. Will you be able to mix a big project into your schedule? Try to squeeze it in and your small project could end up rivaling the build time of the Sears Tower or Golden Gate Bridge. On the other hand, the last thing you want to do is rush a big project only to have an error cause all of your hard work to come crumbling down. You have to take an honest look at your calendar and schedule your time accordingly.
Quality Control: Sometimes the best option is to leave everything to the professionals. A few hours on YouTube doesn’t quite provide the certification needed to complete every project. Your skills might not measure up to your expectations. One wrong move and you risk damaging your property or yourself. To mitigate any extra risks, a licensed and insured contractor might be the best way to go.
A Stressful Situation: Many home improvement projects are tough. Even easy projects can be stressful. Have you tried putting together something as “simple” as a TV stand? After 45 minutes of work, you have three pieces left over and a leg that wobbles so much you’d be too nervous to set a cup of coffee on the stand. Now take that same skill-set and try to build a deck, rewire the fan or whatever your grand project is. It could turn out to be more nerve-racking than you expect.
Making The Best Decision
It’s time to choose a path. Will you DIY or hire a professional? Consider the project size, cost, time needed for completion and skill level before starting the job. Also keep in mind that some jobs, such as roofing, shouldn’t be attempted except by a trained professional. Be honest with yourself about your abilities, pick your projects wisely and don’t forget to enjoy the process.