A home equity loan is more than just access to cash—it’s a tool that can help homeowners take real steps toward increasing the value, function, and comfort of their home. At Calgary Equity Loans, many of our clients choose to use their home equity to finance renovations. But one common question we get is: Which projects can I do myself, and when should I hire a professional?
The answer can make a big difference in your budget and outcome. Let’s take a look at five DIY-friendly upgrades and five projects where professional expertise is well worth the investment.
What Is a Home Equity Loan?
Before we dive into the projects, let’s quickly revisit what a home equity loan is.
A home equity loan lets you borrow against the equity in your property. Equity is the difference between your home’s market value and what you still owe on your mortgage. At Calgary Equity Loans, we offer home equity loans based on this value—not your credit score or income history. That means fast access to funds, even if traditional lenders have said no.
5 Home Improvements You Can Tackle Yourself
1. Painting Interiors
Painting is one of the most cost-effective and straightforward ways to refresh your home. A new coat of paint can brighten a space, update the look, and even boost resale appeal. With a few tools and a weekend of effort, most homeowners can take this on without needing a pro.
2. Updating Cabinet Hardware
Swapping outdated knobs and handles for something more modern is a fast, affordable upgrade. No power tools or special knowledge required—just a screwdriver and your new hardware.
3. Installing Peel-and-Stick Backsplash
Not quite ready for a full kitchen renovation? Peel-and-stick backsplash tiles offer a fresh look without the mess. These products are designed for easy installation and don’t require tile-cutting or grout.
4. Weatherproofing Windows and Doors
Improving insulation with weatherstripping and caulking is a great way to lower utility bills and increase comfort. It’s simple, inexpensive, and can be completed with items from your local hardware store.
5. Landscaping and Garden Beds
Boost curb appeal by planting flowers, adding mulch, or installing stone edging. These outdoor projects are low-risk and offer immediate visual payoff.
5 Home Improvements That Need a Pro
1. Electrical Work
Even simple wiring upgrades carry serious risk. If your project involves electrical panels, outlets, or new lighting installations, hire a licensed electrician. Mistakes here can be dangerous and violate local building codes.
2. Structural Changes
Thinking of removing a wall or adding new rooms? Structural work needs a professional contractor and often a structural engineer. DIY here could compromise the integrity of your home.
3. Plumbing Renovations
Replacing a faucet might be a DIY task, but installing new piping, moving plumbing lines, or adding a bathroom should be left to a plumber. Water damage from errors can be extremely costly.
4. Roof Repairs or Replacement
Climbing on your roof with power tools is risky. Roofing jobs also require specialized materials and experience to avoid leaks and structural issues. Hire a roofing contractor for anything beyond minor patchwork.
5. HVAC Installation or Replacement
If your project involves your furnace, air conditioner, or ductwork, call in a licensed HVAC technician. These systems impact energy efficiency and indoor air quality—and incorrect installations can be both dangerous and expensive to fix.
Why Use a Home Equity Loan for Renovations?
A home equity loan offers competitive rates and fixed repayment terms. That means you know exactly what you’re borrowing and what you’ll pay each month. It’s a great fit for planned home improvements with clear budgets.
You can also increase your property’s resale value through strategic upgrades. Kitchens, bathrooms, and curb appeal projects often deliver strong return on investment. When done correctly, renovations not only improve your daily life but build long-term equity.
Calgary Equity Loans: Your Renovation Partner
At Calgary Equity Loans, we make it easy for Calgary homeowners to access their equity without all the hassle. Our home equity loans are tailored for people who need:
- Flexible lending outside the big banks
- Fast approvals and quick access to funds
- Smaller loan amounts under $20,000
- A local team who understands the market
Whether you’re planning a DIY refresh or hiring contractors, we’re here to help you fund it responsibly. We’ll walk you through the process, assess your home’s value, and provide a clear repayment plan that works with your goals.
Your home equity is more than numbers on paper—it’s a resource. When used wisely, a home equity loan can help you improve your space, grow your investment, and stay comfortable in the place you call home.
Just be sure to know when you can save money with a DIY project and when the risks of a professional job are worth the cost. If you’re ready to explore your borrowing options, Calgary Equity Loans is just a call or message away.
Contact us today to learn more about how a home equity loan can bring your renovation plans to life.
