It can be tempting to take on do-it-yourself projects when you see the amount of money that you can save. Some renovations, however, need to be left to the experts. Things like plumbing, electrical and structural changes should be managed by a professional only. By skimping on these types of things, you may end up with a bigger problem as a result.
Other projects, such as installing a new countertop or windows may be something you can tackle on your own but at the same time you'll need to read the fine print. In some cases, installing these items on your own will void the manufacturer warrantees that come with them. Don't consider taking on projects with these types of specific warrantees unless you have experience in the area already and are sure that you can handle things on your own.
Another thing to think about when you're considering a do-it-yourself project is the commitment level involved. If you are redoing your kitchen, for example, and it is a 3-month job, do you really have the endurance and stamina to see the job through to the end? It's easy to get excited about a project at the beginning but once you start moving forward with it things can get overwhelming. Almost all renovation jobs come with a set back or two that you'll have to deal with. Be prepared to make the full commitment by taking a look at the timeline involved and the physical energy you'll have to put into the renos.
There are many small jobs around the house that you can do on your own that don't require a high skill level or expertise. Painting, laying floor tiles, installing a light fixture and other light projects around the house are a good starting ground for anyone that wants to save some money by doing things on their own. It's the larger and more complicated projects that may be better left to the professionals.