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5 Ways To Increase The Value Of Your Home In A Down Market

<p>One of the most common problems that homeowners have is they tend to become spoiled by watching their home increase in value due to natural inflation&period; They get to sit back year after year during a decade or so of an up market trends and simply count the equity as it stacks up&period;<br &sol;>&NewLine;When the down-market hits they find themselves lost and clueless on what to do&period;  Most homeowners hope for some arbitrary change in the market so that they can once again start watching their home increase in value&period;<br &sol;>&NewLine;Yet&comma; there are some homeowners who take matters into their own hands&period; These are a select few who realize that a down-market is not a &&num;8216&semi;no market&&num;8217&semi;&period; These are savvy homeowners who actually increase the value of their investment with cost effective improvements like the 5 listed below&period;<br &sol;>&NewLine;<strong>1&period; Weatherize Your Home<&sol;strong><br &sol;>&NewLine;The cost of heating and cooling larger homes is one of the reasons people opt to buy smaller units&period; When it comes to homes with high ceilings&comma; utility bills can quickly take the joy out of living large&period; The best solution is to weatherize your home to make it more enticing to prospective buyers&period;<br &sol;>&NewLine;The information and products in weatherizing your home are readily available&period; Many of the things that you need to weatherize a home are also relatively inexpensive&period; Brushes under doors to stop drafts&comma; water heater blankets and cellulose ceiling insulation are just a few things you can start to improve on&period; There are loads of easy weatherization projects that you could do on your own with the use of simple tools&period;<br &sol;>&NewLine;<strong>2&period; Interior and Exterior Painting<&sol;strong><br &sol;>&NewLine;It&&num;8217&semi;s not cheap to have a home painted so this is something that you can do to increase the appeal and build some real equity in your home&period; The problem that too many homeowners have is how to start painting the entire home&period; The best way is to start painting one room at a time&period;<br &sol;>&NewLine;Rather than painting your home all at once try to do it as a series of weekend projects&period; Keep in mind that you don&&num;8217&semi;t need any specialized skills to paint a home&period;<br &sol;>&NewLine;<strong>3&period; Modern Trim and Moulding Work<&sol;strong><br &sol;>&NewLine;If your home is old and looks outdated&comma; one of the reasons may be because of old trim and molding&period; Take a look at the baseboards that you&&num;8217&semi;ll see on any modern home and you&&num;8217&semi;ll see that the taller colonial look has become the trend to replace shorter more discreet baseboards&period;<br &sol;>&NewLine;You don&&num;8217&semi;t need to have any carpentry experience to install your own trim and baseboards&period; Rather you just need to have the will to do it&period; Take a look and see for yourself that it&&num;8217&semi;s just a series of straight runs with 45° cuts on the corners and light nailing&period; The materials are also relatively inexpensive&period;<br &sol;>&NewLine;<strong>4&period; A Light Kitchen Remodel Job<&sol;strong><br &sol;>&NewLine;You can really spend a lot of money into a kitchen remodeling job&period; If you&&num;8217&semi;re thinking of low cost with high return kitchen remodeling jobs&comma; you can always opt for affordable improvements&period; Ask any realtor and they&&num;8217&semi;ll tell you that the two most important rooms in a home are the kitchen and the master bathroom&period; These two rooms need a lot of attention if you want to successfully sell your home&period;<br &sol;>&NewLine;Start with a light kitchen remodel job which involves tasks such as replacing the knobs on doors and cabinets&comma; installing string lights under cabinets&comma; hanging a new light fixture&comma; and updating countertops&period; Finish it off with a fresh paint job and you can have a brand-new looking kitchen to make your home more marketable&period;<br &sol;>&NewLine;<strong>5&period; Tub and Shower Inserts<&sol;strong><br &sol;>&NewLine;If you have an older home then the bathrooms would most likely look worn and outdated&period; For such a small area&comma; tubs and showers can be real money pits and could really entail a lot of work&period;<br &sol;>&NewLine;There are still ways to make your bathroom look spic and span&period; First&comma; take a close look at tub and shower inserts&period; There are newer and improved insert kits that are available which looks like real tile and you don&&num;8217&semi;t need any special skill to install these things&period; It is easy to trim to the right size with a razor knife and then glue it in with standard construction adhesive&period; Finish it off with a tub and tile caulk&period;<br &sol;>&NewLine;<strong>The Bottom Line&colon;<&sol;strong><br &sol;>&NewLine;You don&&num;8217&semi;t need to be an expert at any particular craft or trade to do worthwhile projects on your home to improve its value&period; On the other hand&comma; things like electrical wiring&comma; gas piping and roofing projects are better left to professionals&comma; but there&&num;8217&semi;s still loads of other things that you could do around your home&period;<br &sol;>&NewLine;Take the time to read about products and materials and watch some do-it-yourself instructional videos on the internet before you start your home improvements&period; It&&num;8217&semi;s not rocket science and a big chunk of what it takes to get improvement projects done on your home is simply the will to commit to doing them&period;<br &sol;>&NewLine;Written by Joseph Henderson&period; I work for a painting company in Florida and specialize as a painting contractor in Lake Nona&period;<&sol;p>&NewLine;

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