Home Improvement – Easy and Inexpensive Ways to Increase Your Home’s Value

Home improvement

Home improvement is the repair, maintenance, restoration, remodeling, alteration, conversion, renovation, or improvement of residential real property. Such projects include, but are not limited to: building a garage or porch; installing a pool; painting; re-grouting tile; planting trees; replacing carpet; remodeling a kitchen or bathroom; and adding a deck or patio.

Many people take on home improvement projects with the hope that the project will add value to their property, which is a reasonable expectation to have. However, it’s important to remember that not all improvements will increase a home’s value and even those that do are not guaranteed to see a return on investment. “There is a difference between adding value to your house and actually making a profit on your investment, and not all projects are created equal,” said Sophia Bera Daigle, CEO of Gen Y Planning, a financial planning firm for millennials.

Thankfully, there are ways for homeowners to improve their homes without going into debt or ransacking their savings. From quieting every noise to re-caulking old spots, there are a number of easy and inexpensive do-it-yourself home improvement ideas that can significantly boost a property’s resale value.