The Renovation Cool-Off Is Here, but Delaying Certain Repairs Could Cost You More Than You Save

Spending on home improvements and repairs is only expected to grow by 1.5% by the third quarter of 2027, according to Harvard University Joint Center for Housing Studies. Given the high cost of labor and materials these days, this is no surprise. But if you’re trying to cut back on home projects to save some cash, it's important to understand which ones are truly optional and which ones actually need immediate attention. “Not every project needs to happen right away. Your home doesn't have to look brand-new to be safe, comfortable, and in good shape,” says Jeri Goodkin Dausey, president and certified general contractor at SBC in Miami Beach, FL.By knowing how to prioritze your budget, you can protect your home’s condition and value without draining your savings.Projects you can safely delayThere are quite a few projects you can delay without hurting your home, as long as everything is safe and working properly. “Sometimes, waiting can save you quite a bit of money in the short term,” Dausey explains.Here’s what you can put on the back burner until you have more funds at your disposal.Loading...Contractors working on a kitchen are a lot more expensive than they once were. Realtor.co...