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.
Do you need to fix a hole in your wall made by a nail or screw. Create a divot in the wall with the rounded end of a screwdriver by pressing it into the screw hole. Next, use spackle or drywall compound to fill the divot. This will give you a nice smooth wall surface.
Make sure to have a contractor or electrician install a power outlet in the cabinet above where the microwave will go. If you don’t do this, you will be struggling to find a place to plug it in during or after the installation of the microwave and hood vent.
Improve your home by cutting your energy costs. Check with your utility company to see if they offer energy audits of homes. There are a lot of changes you can make to make your home more energy efficient saving hundreds of dollars a year depending on the amount of changes you can make. It also adds a great selling point for a house for the future.
Consider installing a water filtration system in your kitchen. Think of the money you spend on bottled water; that money can go back into your pocket with the installation of a quality filtration system. They are a relatively inexpensive improvement to make and will add a great selling point to your home when you sell.
Adding window blinds to your windows is a great way to accomplish a sense of privacy. Many people don’t use curtains or blinds because they want to let in natural lighting. However, don’t forget that you can see outside, but whoever is outside, can also see inside. Window blinds can add to your privacy and come in different styles to choose from. You don’t have to go with the cheap plastic factory blinds. You can find some really nice wooden or bamboo shades, that do the job, just as well.
Sealing air leaks is an inexpensive way to improve the energy efficiency of your home. Unsealed cracks and openings are one of the leading causes of heat loss in the average home. Common problem areas include around doors and windows, around pipes, wires and ducts that lead outdoors and around recessed light fixtures. Use caulk to seal small cracks and expanding spray foam for larger gaps and openings.
If your living room is dark even though you have a lot of windows, there are ways to ensure that light will get through. Installing skylights is a great way to save on energy bills because it cuts down on the use of lamps, and it will ensure that natural lighting comes through. Choosing to paint your living room warm and inviting colors such as orange, yellow, or light brown can create a feeling of warmth and light. Make sure to decorate with light wood colored furniture instead of dark and heavy oaks.
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.