Home equity is very important in today’s real estate market. Not many people have any, and those that do, often have very little. To make sure that you get the best bang for your buck in terms of equity and resale value, follow the tips and suggestions in this article.
It is possible to increase your home’s value without undertaking a huge project. If you want to sell your home, do a few small projects first. A good example is a clean coat of interior and exterior paint. While painting will set you back only a hundred dollars or so, it is an update that can significantly boost curb appeal and add to the value of your home.
Replacing or adding weather stripping is one of the easiest and most affordable ways of creating an energy efficient home. It’s easy to add weather stripping. You just purchase it at your local hardware store and follow the package directions. Once you are finished, you will notice the improvement in the efficiency of your heat and A/C. You are certain to notice the decrease in drafts on cold evenings.
To make a quick, easy improvement, go grab a gallon or two of paint. It is amazing the difference that a little paint can make, and it doesn’t cost a lot to do. Painting your home adds to the beauty and making it much more attractive to a potential buyer.
Buying fancy decorative pillows can be expensive and occasionally they may not all match. A great way to get around this problem is by buying some fabric and sewing your own pillow cases or pillow coverings. If you choose to make your own pillows, sew the outside of the case and then use stuffing from your old and unwanted pillows to fill the new ones.
Use old two-liter bottles for storage in your kitchen. They are transparent and are great for storing sugar, flour and similar staples. You can keep them on a shelf, the freezer, or the fridge. When you need somethings, simply remove the cap to pour out the contents.
You should always wear safety glasses or goggles when cutting with a saw or other powered equipment. If you do not wear protective equipment for your eyes pieces of the material you are cutting or dust can become lodged in your eye or cause irritation. In severe cases permanent damage can be done to your eye.
When trying to fix up a house to flip it, pay attention to the kitchen. If has linoleum floors, replace them with tile. It makes the place look much better. You should examine the counters and look at replacing them. They don’t have to be granite, but granite counter tops increase the value of the home and up your chances of selling it.
If you are renovating a small room, consider making use of built-in mirrors. The reflection from a carefully-positioned mirror will make a small room seem considerably more spacious. A mirror near the window can add more natural light to a dim room. Avoid overusing mirrors or placing them opposite of each other, however, as this can create strange lighting effects.
If you have wood or faux-wood paneling in your home, consider refinishing it rather than getting rid of it in a renovation. Removing the old paneling requires having it hauled away, while new wall covering must be brought in. Wood paneling can be easily sanded down and the voids filled in with drywall compound.
With the housing market still being so depressed, it can seem like a waste of money to even do any remodeling on your home. But the truth of the matter is that buyers are still expecting a certain level of updates in the homes that they purchase. Following these tips will ensure that you have what buyers want.