Home Improvement Projects that Add Value to Your Home
The Kitchen and Bathroom Should Be Your First Home Improvement Efforts
There are some home improvement projects that are beneficial to do and really increase the value of your home. If you have a limited amount of money to spend on home improvement projects, devote that money to a project that will add value to your home.
Furniture Has Its Limits
Purchasing new furniture can be enjoyable, but it will add little monetary value to your home. Save cosmetic purchases later until you have done important renovations and home improvement projects.
The Investment Often Pays Off
Bathrooms and kitchens are two of the costliest rooms to renovate, but they add a significant amount to the value of your home. These are two rooms that most prospective buyers examine closely before placing a bid on your house when you go to sell it. So focus on home improvement projects in your kitchen and bathrooms.
A Bit of Sweat Equity
If you are working on a limited budget, you might consider doing part of your home improvement projects yourself. For example, you may want to hire a contractor to do all of the complicated work, and you could apply the primer and paint yourself. Often, contractors will purchase a cheaper quality paint, so save some money on your project and buy the paint you choose and do that part yourself.
Know Your Limits
Installing a tub is a difficult and complicated and will probably require a professional especially if you have limited experience with doing home improvement projects. However, installing a toilet is relatively easy and is a great project choice for novice home owners.
Unless you have the desire to learn all about NEC code, you are better off letting a licensed electrician perform all of your electrical work. There are two reasons for this. First, you may perform the electrical work yourself just to have a home inspector tell you that the upgrades are not up to code. Therefore, you may need to re-do all of the electrical work before you sell the house depending upon the code in your area. Second and more importantly, a mistake on your part may result in severe injury or accidental death. Home improvements projects involving electrical work should ideally be done by a certified professional electrician.
Focus on home improvement projects that add value to your home first. Save less important home improvement projects for time when your budget allows.