crew members removing fireplace surround
Photograph: Ryan Kurtz
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5. Do Your Own Demo

Knocking down may not be as costly as rebuilding, but you can still shave dollars by doing some of the demolition yourself—as long as you proceed with care. "If a homeowner wants to demo a deck, well, I am sure they can handle that," says Michael Winn, owner of Winn Design, in Virginia. "But when it comes to interior spaces, I would dissuade them from doing it unless they have done it before." The reason: A reckless wrecker might unwittingly take out a load-bearing wall or, worse still, plunge a reciprocating saw into live wiring or pressurized plumbing. (For tips on how to do demo right, see our October 2005 feature, "Before You Construct, You Have to Destruct.")

Cost to demo a 200-square-foot deck yourself: $450 (Dumpster rental and parking permit)

Cost for a pro: $1,000

SAVED: $550
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