How to save at DIY and home improvement stores

Whether you’re an experienced DIY-er or someone looking to try their first home improvement project, the most important part of any project is setting your budget. The average home improvement project costs $2,700 compared to a professional doing it for an average of $8,100. While doing things yourself can be a big savings, without a plan to stick to your budget you might end up in some hot water (And we don’t just mean when you’re instally a new water heater)

Those big box DIY stores can be a dangerous place for a wallet. Shiny new tools, endless aisles of possibilities, and that "must-have" gadget you didn't even know existed can quickly drain your funds. But fear not, fellow DIY warriors! With a bit of savvy and these insider tips, you can conquer your next project without breaking the bank.

1. Start with Ibotta (yes, even for DIY supplies)

You might think of Ibotta as that app to get cash back on groceries, but it's so much more than that. Ibotta has cash back offers from many home improvement retailers, like Lowe’s, The Home Depot, Ace Harware, Menards, True Value Hardware, and more. 

There are three ways to earn cash back at your favorite DIY store. 

1. Shop for item offers in-store. Simply browse the app for offers, purchase the items as usual, and then upload your receipt to claim your cash back. It's like getting paid to improve your home!

2. Get store-wide cash back online. Too deep into your project to leave home? You can still get cash back! Just find the store in the app, select Online and shop the website. Once your purchases is complete you’ll get your cash back in your account soon. 

3. Buy a gift card. Need someone to help with your project? Bribe them with a gift card and use the cash back on yourself. You can also use that gift card to shop in-store or online and get even more cash back. 

2. Become an early riser

You know that old adage of the early brid gets the worm? Well the early DIY-er gets the deal. Many home improvement stores offer special discounts or early bird deals, especially on weekends. Check their websites or flyers for upcoming promotions and plan your shopping trips accordingly. Not only will you save some cash, but you'll also beat the crowds and get first dibs on the best lumber.

3. Loyalty has its perks and discounts

Most major DIY chains have loyalty programs, and signing up is almost always free. These programs often offer exclusive discounts, members-only coupons, and even points you can accumulate for future purchases. Some even offer special financing options or free workshops. It's a no-brainer. Sign up and reap the rewards.

4. Embrace the power of "slightly imperfect"

Building a project where half of it will be facing the wall? Many stores have a "cull lumber" or "clearance" section where you can find perfectly usable materials with minor cosmetic imperfections at a fraction of the cost. A little knot here, a slight warp there – it often adds character, and your wallet will thank you. And with a little paint you might never even notice. 

5. Don't be afraid to haggle, respectfully

Especially when dealing with larger purchases like appliances or a bulk order of materials, don't hesitate to negotiate. Politely inquire about potential discounts, price matching, or even throwing in free delivery. The worst they can say is no, and you might be surprised at how often you end up with a better deal.

6. Rent tools for short-term projects

Sure, you might be able to convince yourself it’s a worthwhile investment to get that tile saw when you’re redoing your kitchen floor, but let’s be realistic. For those specialized tools you need for a specific project, renting is the way to go. It saves you money, storage space, and the hassle of maintenance.

7. Think Beyond the Big Box Stores

Sometimes, the best deals are found off the beaten path. Consider exploring local lumberyards, hardware stores, or even architectural salvage yards. You might be surprised at the quality and prices you find. Plus, you'll be supporting local businesses, which is always a good thing.

And don't underestimate the power of community! Talk to friends, neighbors, or family members who have tackled similar projects. They might have valuable advice, leftover materials they're willing to share, or even tools you can borrow.

8. Time Your Purchases Wisely

Just like department stores have seasonal sales, DIY and home improvement stores follow a similar pattern. Keep an eye out for holiday weekends like Memorial Day, Labor Day, and Black Friday, when you'll often find deep discounts on tools, appliances, and building materials. Planning your projects around these sales can result in significant savings. And don’t forget to watch for cash back deals in the Ibotta app too! 

9. DIY where you can, but know your limits

This might seem obvious, but the more you can do yourself, the more you'll save. From simple repairs to more complex projects, there's a wealth of online video walkthroughs and  information to guide you. However, it's important to be honest about your skills and limitations. Don't be afraid to call in a professional for tasks that require specialized expertise. A costly mistake will wipe out any DIY savings in a hurry.