How to make extra cash from your home renovation
We all know that home improvements and renovations can be expensive, but did you know that you can also make a bit of extra cash when taking on a renovation?
It was only recently, while ripping out and replacing my kitchen, that I realised I had a few items that I could sell and recoup some of the cost for the kitchen reno. For example, while the old kitchen cabinets were a bit shoddy the kitchen countertop was still in good nick. I managed to make a quick R500 for all the countertops removed from the kitchen.
The next item to bring in some cash was the old oven and hob. With both still being in good working order and just requiring a bit of cosmetic repair, it was easy to bring in R1000 for the Franke oven and hob. It's items like these that still look or work good where you can get some extra cash back to spend on your reno, or to put back in your bank account.
There are plenty of items that you can sell if you’re undertaking a renovation or home improvement project. And it’s more than likely that there’s going to be materials removed that would normally be dumped into a skip. But before you throw out your old items, some of these might be materials that could actually make you money.
What type of items sell?
These days many people are looking for a good bargain, and your old kitchen or bathroom cabinets might be just the thing that someone else can restore to almost new condition for a fraction of what is costs to buy brand new.
A friend of mine recently scored a single garage door for R800 from someone converting their garage to a double. Since he was converting his carport to a single garage, this worked out great for everyone.
Make use of online classified sites like Gumtree, Bid or Buy, or even Facebook groups. While you might not make a fortune this way, you will definitely be able to recoup some of the cost of your renovations.