Knowhow-Now Article

Increasing The Value Of Your Home Through Improvement Projects

If you enjoy working with your hands, you may be considering doing a few projects around the house to add a little value and hopefully make your home more desirable when it comes time to sell. However, it is important to remember that there are a lot of projects that will simply cost you money and not add anything to your home's resale value. The following information will point out a few areas of your property that you should target if you want to get money back from your investment.

Tip: Make sure all of your spaces have a well defined purpose when selling your home. Each room should have the appropriate accessories and furniture.

Examine your attic space and consider whether it would be appropriate to turn it into a bedroom or not. In general, this type of project will give you the most return for your investment. While it could cost tens of thousands of dollars to do right, you may get back nearly 75 percent of that money when it comes time to put your house on the market. If you have the money and the skills, this is a great project to tackle.

Tip: Hire a professional to regularly maintain any chimneys in your home. This goes double if you heat your home with a wood-burning stove in the winter.

The kitchen is another area of the home where buyers appreciate fresh updates. Start by simply painting it; a fresh coat of paint can make a huge difference in the feel of the space. From there, decide how complicated you want your remodel to be. You could simply change out the lighting and the cabinet hardware, or you could go all out and change up the flooring, sink fixtures and cabinetry. Regardless of what you do, you should recoup quite a bit of the money that you put in.

Tip: Have you seen many homes and thought about the numbers of bathrooms and whether they work for you? Property values are impacted by the number of available bathrooms. Adding in bathrooms can seriously improve the price of your home.

Don't forget about the outside of your home. If someone doesn't like what they see from the curb, they may hold on to a negative overall impression of the property. Make sure that there is no debris littering the yard, and keep your bushes and shrubs cut back so that they don't interfere with sidewalks or other walkways. To really make an impression without spending a lot of money, put up a few solar powered lights along the driveway and sidewalks. Also, plant a few brightly colored annuals that match the look and feel of your home.

Tip: If your area is prone to hurricanes or flooding, look into purchasing some 'hurricane socks.' These specially designed items are able to soak up as much as a gallon of H2O.

Finally, if your home does not have adequate storage, add a closet or put up a built-in bookcase. In some homes, you may not have the room to add too much. If that is true for your situation, you might have to get creative. Think about how you can rearrange your furniture so that you can add additional storage where it is necessary.

Home improvement projects are a great way to add value to your home. If you think you are going to sell your property in the next few years, now is the time to begin thinking about what you can do to make your house stand out. However, you must pick and choose which projects to work on carefully; you want to make sure that whatever you do will allow you to get some of the money back that you put into the project. Keep this article as a guide, and you won't have any trouble picking the right project.

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