Print

Print

It’s always an exciting time renovating your home. It’s is a fantastic way to get more equity in your home and you’ll be making positive steps to really advance your financial situation. While there’s some work you’ll be able to DIY – there’s some to rely on the professionals for. We’ve got advice on renovating your home so you can get the most bang for your buck!

What to DIY

Before you start, it’s helpful to know what you can do yourself, and what you can get done for you. Generally, it’s always best to use a professional for:

  • Electrical work
  • Plumbing work
  • Structural work

When to DIY

Whether you’re a champion chippy or a renovation rookie – knowing when and what to DIY is your first step. If you’re new to the reno game, first things first – know your limits. You can learn a lot watching videos or attending DIY workshops so try to learn before jumping right in. Have a look online, or chat to your local hardware shop. You’ll get lots of advice just by asking. If you’re feeling a bit worried it may be best to hire a tradie who can take that heat off you.

When to get tradies

Just like above, if you think you’re out of your depth (or you just don’t have the time!) you may want to get a tradie in. When you get a tradie you’ll usually know up-front how much the project’s going to cost. Even better - you’ll know it’ll be done right, the first time. If you’re in a hurry, want something fixed and don’t have the time to learn yourself – getting a tradie can really pay off.

Trade work in home

DIY vs Tradies

DIY

Tradie

 

  • You can save a few dollars if you source the materials and do the work yourself
  • You’ll know up-front what the costs will be rather than estimating the amount of work yourself
  • You’ll learn new skills which you may be able to use on other projects
  • The work will be done the right way, the first time
  • You’ll be able to work at your own pace and pay as you go
  • The work will be done quickly and correctly so you won’t be living in a half-done house
  • You can learn how to DIY most things – just leave electrical, plumbing and structural work to the professionals
  • Always get a tradie for all electrical, plumbing and structural work

Need a renovation loan? Apply online with us today.

Related articles

The information in this article has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained in the document is general advice and does not take into account any person’s particular investment objectives, financial situation or needs. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives, financial situations and needs. You should obtain and consider the Product Disclosure Statement or terms and conditions relating to the products mentioned, before deciding whether to acquire any products.

RACQ Bank loans and banking products are issued by Members Banking Group Limited ABN 83 087 651 054 AFSL and Australian credit licence 241195 trading as RACQ Bank.

Retail partners, offers and discounts may change at any time without notice. Get the RACQ Discounts App or visit racq.com/discounts for the conditions, limits and exclusions for each offer.