It;’s summer and here in south Florida, the constant barrage of rains started pouring in almost every day. And to our dreaded expectation, our roof started leaking again! We had leaks in 2016 and 2018. They charge $1,000 per leak, to repair – on average. Fortunately this time the leak is over the back patio. We have some time to think about a new roof (our roof is 1992 built). We are thinking about different ways to finance our new roof.

We may be stating the obvious, but replacing your roof is an expensive endeavor. It can cost $15,000 or more, so paying for it out-of-pocket would simply not be an option for many homeowners. We live in a large single stories house, the roof replacement cost should run to more than $25,000.

Previously we posted ways to get a new roof on a budget. Now let’s talk about redesigning or remodeling your home on a budget. How can you finance your home redesign on a budget?

We have been homeowners for the last 6 years. We are right now replacing our roof and in another couple of years, we will remodel our home. Remodeling not only makes the home better, but it can also increase the home value.

Homeownership is one of life’s great milestones, and if you own your own home you have probably spent a long time thinking about the improvements you can make to your space.

One of the biggest hurdles to home improvement is cost, as some remodeling and redecorating work can cost thousands, putting home improvements out of reach for many families.