Cost-Effective Home Improvements

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Sometimes your dream home needs a little bit of work, but it can be daunting to sink additional money into your house. Luckily, there are plenty of cost-effective home improvements that may actually make you money! Whether you need a home improvement loan or are ready to dive into a project yourself, here are some of the most cost-effective home renovations and improvements you can make.

Transcript of Cost-Effective Home Improvements

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Cost Effective Home Improvements

Home Improvement Projects That Will Make You Money

Source: http://www.NewAmericanFunding.com/

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Kitchen Improvements Kitchen remodeling costs

can be difficult to recoup, so stick to minor improvements.

Counters – Replace old countertops with granite or other stone. Cabinets – Update cabinets with traditional wood. Floors – Replace floors with tile or laminate. Paint – Make dated rooms look new with a fresh coat of paint. Appliances – Update appliances with new or energy efficient technology.

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Bathroom Improvements Bathroom improvements can range from adding an extra bathroom, which is very costly and time consuming to updating bathrooms that already exist in your home.

Sinks & Toilets – Replace bulky or old sinks and toilets with ones that maximize the space available in the bathroom. Light Fixtures– Update lighting in a bathroom to create a more modern look. Mirrors– Replace worn out or chipping mirrors to make the bathroom look newer. Paint – Replace outdated wallpaper and bad paint jobs with fresh paint to brighten up a bathroom.

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Energy Improvements

You can go big or small when it comes to energy improvements, but either way going green will help you save over time. Appliances and Lighting – Energy efficient washers refrigerators, and light fixtures can help reduce energy bills. Seal and Insulate – Seal air leaks so that your home’s heating and cooling system isn’t working harder than necessary. Heating and Cooling – Upgrade your air conditioning and heating system to a more energy efficient system. Programmable thermostats can even learn your habits and adjust temperatures to save money while you are out of the house.

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Energy Improvement Paybacks

Costs for Energy Improvements

$300-$10,000

Expected Return

Up to $26,000 http://www.motherearthnews.com/green-homes/home-energy-efficiency-zmaz10aszraw.aspx#axzz2oKcr7Byk

http://www.thisismoney.co.uk/money/mortgageshome/article-2341759/Energy-efficiency-improvements-increase-value-home-38--Government-report-claims.html

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Outdoor Improvements

Decks can add a lot of value to a home. Not only will they be a gathering place for years to come, but they’ll also bring you a nice return.

More Square Footage – Increase the size of your deck for more entertaining space. Screen In– Keep bugs out or block an unsightly view by adding a screen to your deck and increase its value. Enhance Your Railing – Replace old railings to make your deck more safe and match your home. Add glass panels to a deck railing to improve the safety and look of the deck overall. Replace Wood– Treat or replace old wood to make it more resistant to the elements and increase it’s lifespan.