As the housing market continues to struggle, many homeowners are looking into ways to increase the value of their homes. However, a common issue that keeps these homeowners from making improvement is the lack of availability on home improvement loans, and a lack of available funding. Luckily, there are many small fixes that can be done to increase the value of your home and many of them cost less than $500, and in some cases, less than $50.
The first step is to determine where you want to start in your home. Changes made to the exterior are usually considered to be more valuable from an appraiser’s point of view, than changes made to the interior. So, let’s focus on the outside of your home and find some ways to increase its value without breaking the bank.
Paint is one of the best fixes and if you can get it on sale, you can usually paint a one story house for less than $500. Look for a good neutral color that will appeal to the eye no matter who is looking at it. You’ll need to do the work yourself to save money, but with a rented air compressor, you can easily finish painting your home in a weekend. Keep on top of any sales in your local area on paint and when you find one, take advantage of it.
Next, there are a lot of small fixes that you can do around the front of your house to add value. Plantings and landscaping can have a big impact on the value of your home and once again, this is an inexpensive and easy fix. Look at your local nursery for shrubs and small bushes, or even trees. One good tree has the potential of adding thousands of dollars to the value of your home when it is mature, so keep this in mind when making your purchase.
Adding flowers or flower beds around your home is a great fix and will improve the curb appeal greatly. You can easily add your own flower bed in a weekend, and the budget should be well below $500. If all you have to add are some new flowers, this can be done for around $50 if you shop smart. Adding a set of solar lights around the front of your home is also a great idea to make it look nicer, and you can usually get a set of at least eight for less than $100.
On the inside of your home, a quick coat of paint, sprucing up the kitchen and cleaning out the clutter can increase the value of your home. Look for little pieces of art to enhance your rooms, paint old appliances with metal paint and find new ways to make your space seem larger. These are all fixes that anyone can do and the results are well worth the amount of time and money that you spend getting everything done.
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Originally posted 2008-11-24 05:21:11. Republished by Old Post Promoter
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