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Home»Personal Finance»What You Can Learn From the Nerds’ Home Improvement Projects
Personal Finance

What You Can Learn From the Nerds’ Home Improvement Projects

August 7, 2026No Comments3 Mins Read
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Do you have a home improvement project on your to-do list? You might have a deck to build or a leaky toilet to fix.

If so, you’re in good company. Searches for “home renovation” and “home improvement” reached their highest levels so far this year in June, according to Google Trends data.

Renovations and repairs don’t exactly come cheap.

On average, home improvement projects cost about $6,200 each, according to BW’s analysis of the most recent American Housing Survey from the U.S. Census Bureau.

If you plan to work on your home, knowing what to expect can help you avoid costly mistakes. We asked members of BW’s editorial team to share their experiences and money-saving ideas from this summer’s projects.

🤓 Nerd: Sara Rathner, senior writer/spokesperson

📍 Location: Richmond, Virginia.

🏡 The project: We’re finishing our basement. It’s something we always thought about doing, especially after visiting friends with finished basements. They were such useful spaces for kids, entertaining and hanging out. I’m looking forward to my basement looking like a cozy family room instead of a raw, industrial space haunted by a vengeful ghost.

💰 Money saving strategy: Hahahaha. It’s so expensive. Like laughably expensive. But we’re only doing this once, so we want to do it right. Money has no meaning anymore. It’s like scooping up a handful of sand and letting it filter out through your fingers.

😮 Something surprising: We interviewed contractors for months. I didn’t realize how many would promise to draw up an estimate, only to disappear. Or how many would send us estimates that were missing major parts of the project. If you get an estimate that seems low, go through it line by line.

💡 Tip: Take whatever you thought it was going to cost and add another $10,000.

BW’s new weekly newsletter helps you make sense of the headlines that impact your wallet. Subscribe for free to stay informed on smart moves for your next home improvement project. Learn when to DIY or hire a pro, compare contractor bids, and budget for surprises. Even if you don’t have any projects planned, it’s wise to prepare for unexpected repairs and maintenance costs. Don’t let a leaky roof or broken appliance catch you off guard. Subscribe now for expert financial tips and advice. sentence to make it more formal:

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