Making improvements to your home, or to any property that you own, is bound to give you some return on your investment. How much and how quickly relies mostly on the projects you choose to do and how you choose to do them. Using the ideas in this article you should be able to make smart decisions when it comes to your home repairs.
Make sure to have your home inspected before starting any major renovations. Checking for roofing issues, termites, electrical issues and plumbing beforehand can save you a lot of trouble down the road. Finding issues like these when you are halfway through a renovation process can be a nightmare on your budget.
When it comes to home improvement, think twice about decorating the walls of your house in anything extreme such as a wild color or print. A potential buyer may get a bad impression by seeing a house decorated in a way that is distasteful to them. They may choose to look elsewhere, if they do not want to put in the work to redecorate.
Talking to a friend who is a contractor or does other work related to construction can often provide some helpful insights. They will have a good idea of what needs to be done for a certain project. They may even be willing to lend a hand for a difficult or tricky home improvement task.
When deciding what exterior renovations a home needs to make it saleable, step out to the curb and take a picture. The picture on your listing is the first exposure any potential buyers will have to your home. If your picture shows a dingy house with overgrown landscaping, fix it!
When you are fixing up your real estate, don’t waste money buying commercially made primer paint. Go to your local home improvement store and buy several cans of the paint that they mixed that someone did not like. Have them pour it all into a larger bucket and mix it to a medium shade of gray. This will save you more than half of what you would have paid.
Wallpaper can be a great designer addition to your home, but after awhile – accidents happen – and wallpaper can start to peel. You can easily fix it with some wallpaper paste. Using a knife, smear some wallpaper paste on a piece of writing or printer paper. Rub the piece of paper that you just smeared paste on against the underside of the peeling wallpaper. Slowly start pressing the wallpaper back against the wall, while slowly sliding out the piece of paper. Smooth any wrinkles or bubbles with the help of a clean cloth.
If you feel your home is too small, consider a basement renovation. In many cases, a basement can be turned into a second living room or climate-controlled storage space. If your basement has exterior access, you could even renovate it into an apartment for rental income or a mother-in-law suite for family members and other visitors.
If you are renovating a small space, and you have the ability, install larger windows. Even if you cannot expand the window size, use a style of window that has more glass than wooden frame. More glass in the window will mean it lets in more natural light, which makes a small room seem much brighter and larger.
Using the ideas presented here to make decisions about how, when and why you are going to make remodeling changes or updates to your home or investment property, will net you a greater return on your investment and give you some leeway in making greater gains in your home equity.