Small scale renovations may be on the rise this year as home owners make low budget investments on their properties to add value and appeal.
The Housing Industry Association has reported that almost $30 billion was spent on home renovations last year (up to September 21), with $22.91 billion of this amount spent on jobs valued at below $10,000.
Trojan tool expert Darren Simpson said small scale renovations could be a great DIY activity.
"More and more home owners are considering their options and looking at alternatives like smaller renovations as a cost effective solution to increase property value," Mr Simpson said.
"Australians are keen renovators and feel a sense of achievement and satisfaction doing it themselves.
"Home owners are tackling those small renovations and basic repairs rather than calling in the professionals for these types of jobs."
But he also said that while the DIY option had the potential to save on labour costs and increase cosmetic appeal and property value, there were many important aspects to consider. For one thing, he said people needed to think hard about the results they wanted to achieve.
"Also, consider the scope of the project; be realistic about your previous Do It Yourself experience and capabilities and always use well-designed and high-quality tools," Mr Simpson said.
■ Renovation tips from Trojan:
● Always use the right tools for DIY projects, home repairs and renovations.
● Inspect tools for defects before use.
● Follow general safety and maintenance practices.
● Stick to a firm budget.
● Jobs which require a licence and accreditation such as plumbing or electrical work should always be left to the professionals.
■ Trojan have a great range of affordable hand tools for DIYers and light trade use.
■ Source: Housing Industry Association National Outlook: Autumn edition 2012.