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.
Adding insulation to your walls, crawl spaces and attics isn’t something that a lot of people think about when it comes to improving your home, but they should. Adding insulation is a great way to make your home cooler in the summer, warmer in the winter, and more sound proof.
If you are suffering the wrath of owning a small bedroom, you can create an optical illusion making it seem larger than it is. Repainting your room in light green or blue can create a feeling of more “space”. You can also incorporate colors such as off white or beige, but they won’t feel as comfortable or warm as the other colors would.
If you are thinking of remodeling your bathroom, think small. Even a small amount of money can help turn a project into a huge impact. All you need to do is replace the mirror, light fixtures, toilet roll holders, and towel bars. A new coat of paint could make a big difference too. All of this will result in your bathroom looking brand new without having to spend a fortune.
If you are planning to make bathroom renovations, try to make them handicap-accessible. You don’t have to do a conversion right away, but prepping bathrooms for that eventuality saves time and money if you plan on growing old in that house. If you eventually decide to sell, these additions will give your home more value when it goes on the market.
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.