Finance Globe
U.S. financial and economic topics from several finance writers.
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3 Cheap Interior Updates to Increase the Value of your Home
Are you interested in increasing the value of your home? If so, there is a good chance you will be putting the property on the market in the near future. Even if this is not the case, most people realize that making changes on the cheap would be in their best interest.
Of course, there is one burning question on your mind: where do I start? While there are many projects you can tackle, here are three that are sure to add value without breaking the bank:
1. A fresh coat of paint throughout your home. When was the last time you painted the interior of your home? If it has been a long while and it is beginning to show, this is a project you should definitely take on.
This project will only cost you the paint and some supplies if you have the time and experience to complete it on your own. Why hire a professional when you don't have to?
2. Swap out old or worn out flooring. Is your carpet stained? Are your ceramic tiles cracked? With so many types of flooring to consider, you should be able to settle on something that is perfect for your budget as well as the decor of your home. Look into the pros and cons of the following: carpet, ceramic tile, laminate, and hardwood.
3. Add storage. This may be something you have overlooked in the past, however, a change in this area could go a long way in increasing the value of your home. After you examine every nook and cranny of your home, you will soon realize where you should be adding storage. Some of the most common areas include closets, garage, and basement.
Not only will these interior updates go a long way in increasing the value of your home, but each project can be completed without breaking the bank.
Of course, there is one burning question on your mind: where do I start? While there are many projects you can tackle, here are three that are sure to add value without breaking the bank:
1. A fresh coat of paint throughout your home. When was the last time you painted the interior of your home? If it has been a long while and it is beginning to show, this is a project you should definitely take on.
This project will only cost you the paint and some supplies if you have the time and experience to complete it on your own. Why hire a professional when you don't have to?
2. Swap out old or worn out flooring. Is your carpet stained? Are your ceramic tiles cracked? With so many types of flooring to consider, you should be able to settle on something that is perfect for your budget as well as the decor of your home. Look into the pros and cons of the following: carpet, ceramic tile, laminate, and hardwood.
3. Add storage. This may be something you have overlooked in the past, however, a change in this area could go a long way in increasing the value of your home. After you examine every nook and cranny of your home, you will soon realize where you should be adding storage. Some of the most common areas include closets, garage, and basement.
Not only will these interior updates go a long way in increasing the value of your home, but each project can be completed without breaking the bank.
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