6 Home Improvements to Increase the Value of Your Home
- by Chris Jordan on Jul 24th 2009 1:00PM
- home decor, money, weekend projects
Not all home improvements are created equal. I have already written about which improvements you should avoid completely, as some renovations give you a much larger return on your investment (ROI) than others. If you are trying to decide between adding on an office or doing a full remodel of your outdated kitchen, you probably want to consider which one will be worth the most in the long run.
1) Kitchen: Whether large or small in scope, renovating your kitchen is always money well spent. In recent years the trend has moved away from formal living areas to the kitchen really being the focus of the home. Entertaining has become more casual and many people are not even bothering with formal dining and living rooms anymore. With that, there has become and increased focus on the kitchen not just being functional but also attractive and decorated.
Kitchen renovations can be as large as tearing everything out and replacing it all, to just replacing old appliances, from refacing cabinets to simply replacing cabinet hardware.
ROI at resale: 75-80% according to the 2008 annual survey by Remodeling Magazine
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Eric Stromer.
Sometimes we choose DIY for the love of DIY, but other times it's for the monetary savings. Doing a project yourself, getting exactly what you want, and not paying through the roof makes DIY projects appealing to so many of us. Labor costs account for half (sometimes more) of construction costs. Doing work yourself can be your biggest savings, but only if you really know what you're doing, or have the time to learn. First, go through
My Dad is a handyman of sorts. One day, when I was about 8, my Mom commented that she wished she had a bigger kitchen. She went on about how nice it would be if it were brighter and open onto the backyard. She described a space with big window and French doors. She wanted a table big enough to fit our family of 8 and guests, along with a separate seating area. Obviously she was just dreaming right? Obvious to us maybe, but to my Dad, not so much. She went out for the day and came home to my Dad having torn down the outside wall. "I'm building you a kitchen!" he announced.
Perpetual Remodeling Syndrome (PRS) is brought to you every Thursday by Kelly Smith, who is hopelessly afflicted with this home-altering ailment. Remodeling can be a never-ending and contagious illness, so read on, at your own risk. Don't say we didn't warn you.
The DIY life does not come easy to all of us. Some of us are project-challenged, meaning we would love to DIY it, but perhaps lack the skills or know-how to get the job done. Others of us are just plain clueless when it comes to projects. Nails, we need nails you say? And what about wood? How do we go about getting that sort of thing?





