Are you looking for ways to increase the value of your home? Whether you're planning to sell in the near future or just want to make sure your home investment is growing, there are many steps you can take to make improvements that will add value. One of the best ways to increase the value of your home is to remodel the kitchen. Kitchen updates can pay off big time, and you may even be able to do some of the work yourself. Start by repainting any room with a “strange” color combination, such as a hot pink bedroom painted by an 11-year-old daughter 16 years ago.
Light and neutral wall colors are a good palette for resale, as buyers can imagine their belongings in the space. If you need to borrow a small amount of cash for your home improvement plans, you may be able to skip the loan and opt for a credit card with a 0% APR. Many cards don't have interest payments on balances for up to 18 months, which can be ideal if you have a smaller-scale project in mind. A credit card can also work well if you can pay your contractor with it.
In many cases, a kitchen or bathroom remodel can offer a return on investment of 100 percent or more, and that number could be even higher depending on the finishes you choose, the amount of labor you're willing to do yourself, and the amount of improvements these changes offer compared to the current state of your home. From indoors to outdoors, there are plenty of small improvements you can do yourself to improve your home and increase its value. Take our 3-minute questionnaire and talk to an advisor today to find out more about how you can increase the value of your home through improvements.
