Selling Your Home? Home Improvement Projects to Avoid

Many homeowners each year make the mistake of thinking that any home improvement project is a good one in terms of adding value to their home. Unfortunately, this is simply not true. There are some home improvement projects you can take on which will not improve the value of your home in terms of the money you spend on the project and there are even other home improvement projects which can detract from the value of your home. If you think you may sell your home at some point in the future, it is imperative to make sure you know which home improvement projects to tackle and which ones to avoid.

The first thing to keep in mind when considering any home improvement project is that you do not want to outdo the neighbors. While the old adage of keeping up with the Joneses is certainly true to a degree, you do not want to exceed them. A home that is largely out of the price range of its neighbors is usually going to be more difficult to sell than a home that is in keeping with the rest of the neighborhood.

Two of the biggest mistakes you can make on home improvement projects is spending money on highly individualized projects and technological advancements. Avoid spending money on items such as saunas and steam baths. Such improvements might add to the value of your property but if the buyers viewing your home are not interested in these items you may find it more difficult to sell the property.

The same is also true for swimming pools. Many homeowners make the grave mistake of believing that a pool with add to the value and desirability of their home. This is definitely not true. Many buyers, especially those with small children, avoid homes with pools. Even if a buyer does not have small children they may be concerned about the maintenance issues that go along with having a swimming pool. The simple fact is that homes with pools generally tend to take longer to sell than homes that do not have a pool. If you are considering adding a pool to your home make sure you are doing it for the right reasons, because you will enjoy it, and not because you want to improve the value of your home. Otherwise, the addition of a pool should be avoided.

In addition, it is imperative to avoid spending a lot of money on technological advancements which will usually quickly become outdated. This is a waste of money that will usually not net you a large return.

Ideally, it is usually the simplest things which will bring you the highest rate of return in terms of home improvement projects. Simple projects such as ensuring your home has a fresh coat of paint or improving your landscaping can add a lot of value to your home and make it more desirable. Never underestimate the power of curb appeal; particularly in homes that are considered to be luxury properties.

This has become increasingly popular today when more buyers are beginning their property search on the Internet. Statistics indicate that some 80% of buyers actually begin looking for properties online. A photograph is truly worth more than a thousand words in these circumstances. If your home lacks curb appeal this could mean that it will the house that languishes on the market for months while other homes with more curb appeal sell much faster.

There are certainly some areas in which it makes more financial sense to focus your money if you are considering selling your home. Staging is one of them. Studies indicate that homes which have been professionally staged are selling faster and for more money than homes that have not been professionally staged. Luxury homes may even be able to sell for up to 20% more with staging than homes that are not staged.

You should also keep in mind the features that are most popular in homes right now. Kitchens and master bedrooms continue to rank high in importance with most buyers. Buyers are looking for master bedrooms which can serve as sanctuaries and have features such as vaulted ceilings and fireplaces.

The main key is to make sure that regardless of what types of home improvement projects you take on, you do not go too far. There is definitely something to the old cliché ‘too much of a good thing’ and that is certainly true in the case of home improvement projects.

Why Should I Do Home Improvements?

There are several different reasons improvements are done and you will find that they are very time consuming. They are however usually worth the energy and time that you put in to them and you are bound to appreciate the outcome. An improvements is basically altering and changing the home.

The exterior and interior of a home can undergo improvements. Enhancing the beauty and value of a home is just one reason for improvements, they can also be done to repair any damages. Adding more space and making the home safer is anther reason for home improvements.

Some of the types of improvements done to make your home prettier is interior design type projects. This projects include painting and wallpapering the walls or ceilings, adding new flooring, or upgrading and adding doors and widows. You can add beauty and style to your home by doing these improvements. Improvements can often be as little as changing a blown light bulb or even as big as rebuilding the home after a disaster.

Home improvement prices can change drastically. A common improvement that is done is changing the kitchen or bathrooms of a home. Some homes may not have the cabinet space they need therefore extra cabinets need to be added. Some improvements involved upgrading to elegant fixtures in the bathrooms or kitchen. You can find gorgeous fixtures very affordable.

When doing improvements to repair damages these can include electrical fixes or upgrades, plumbing repairs, or roof replacement. Of course these are not the only things people have to repair around their homes. Repairs often need to be made around the home at any given time.

The safety of the home has become an improvement that most people are doing by adding security systems. Cameras or security systems are improvements that will keep your family and your home safe. This is a great improvement to make to any home.

Adding extra rooms and closets is another home improvement that is quite popular. People add room for different reasons some of which are for more bedrooms, an office, or to add another bathroom. These improvements will also raise your homes value. These are very expensive and time consuming improvements but are generally worth it. Whatever home improvement you do, you will be happy with these improvements in the end.

How Many Home Improvement Grants Will You Qualify For?

If you are low on funds, but so tired of the dreary and outdated decor in your home, you may want to think about exploring home improvement grants to give your place a pick me up. The United States government awards hundreds of American citizens, like you and I, enormously generous amounts of free money to assist them in beautifying their homes. Depending on your location and situation, there may very well be a significant amount of free government money made available to you, in as little as a few weeks (when properly applied for) if you qualify.

This type of funding is distributed in large sums to hundreds of American taxpaying citizens each year by way of home improvement grants. Grants, unlike loans, do not require any form or repayment whatsoever. They are ultimately a gift from good old Uncle Sam that you can, or rather, must, use to invest in redecorating, repairing, or remodeling your home. As long as you are able to verify that the funds awarded to you are, were, or will be utilized to cover the expenses of your home repair endeavors, you will never have to pay back any of it. You are not required to claim this free government money on your tax return, nor does it appear in any credit check systems. It is an agreement between you, the US government, and your building contractor or home improvement specialist.

The amount of funding you may be possible to receive, and the measure or repairs or remodeling you choose to embark upon can widely vary. If you are a single-family homeowner who is interested in updating the decor of one section of your home, you may qualify for $500 to $5000 or more. Maybe you are a landlord who possesses multiple unit buildings that are in need of some serious type of electrical or plumbing repairs in order to meet safety inspection standards. In a scenario such as this, a grant awarding committee may be eager to provide this property owner with substantial funds reaching the tens of thousands in efforts to aid in the immediate public safety of the buildings tenants. In other cases, mid sized home improvement grants are distributed for growing families to build additions to their homes to accommodate their physical needs. Handicapped citizens are nearly undeniable candidates for funding to build access ramps and elevators to their properties, and those who desire to turn single-family homes into multi unit dwellings for rental income purposes are also favored.

No matter how large or small your vision of rehabilitation is, or what your income status is, there is a home improvement grant made available by the government to finance it. The key is finding which ones you qualify for. Start searching today and you could be calling your contractor next season.

Getting the Correct Home Improvement Contractor

When one decides to begin renovating your home or one of your rental properties, it is essential that you are able to choose the correct home improvement contractor for the job. Taking the time to actually select a qualified and reliable home improvement contractor could very well save you a load of time and frustration in the long run, let alone money.

You should be aware that this industry is very competitive and this leads to there being numerous substandard contractors out there who are simply in it for the money, however there definitely are very scrupulous and have a good work ethic. Here are a few pointers as to what you should look at to be sure that you are able to find a reliable home improvement contractor:

· Be sure of your goal and know what you want – Before you even consider entering into home improvements, be sure to know exactly what it is that you want to achieve by doing the improvements. Have detailed sketches or plans available to show to the contractor you are considering so that he has a definite picture of what it is which you would like done.

· Know what questions to ask – Having predetermined questions which you will ask the contractor regarding the job at hand as this will give you an indication as to their work ethic. Questions pertaining to cost implications, time period and suggestions as to how to reduce costs will greatly help you in choosing the correct contractor.

· Do not rush your selection – Many people make the mistake of simply choosing the first or cheapest contractor, avoid this mistake. Take your time to establish the reputation and reliability of the contractor which you choose, be sure that you both have a clear understanding of what it is you wish to achieve and have all the necessary agreements in place.

Many people overlook the importance of finding the correct home improvement contractor for the job you wish to get done, by simply shirking the responsibility of being completely thorough in your decision, you will be lining yourself up for a couple of nasty surprises.