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In order for a house to remain in peak condition and appreciate in value especially in today's weak real estate market, it is important to consider just how many small projects could help achieve such a goal. Because of the current economy, many are being forced to downsize and change living arrangements as never before. For those looking at the possibility of selling a house or even just attempting to retain its worth, small remodeling projects are a perfect way to accomplish such a goal without spending a great deal of money. Remodeling Decisions Many variables enter into remodeling projects designed to increase the value of a home and some of them are listed below. Value vs. Fluff – Remodeling is often perceived as simply too expensive and time-consuming. While such a project can be very expensive, there are a number of factors to consider. Some modifications do not increase property value because the changes are not really that beneficial. A good way to determine what type of remodeling is worth the most in a specific region is to call a realtor and inquire. Realtors know how to get the most money out of a house being sold and know what types of alterations are actually worthwhile versus ones that are simply "fluff" and will not affect overall property value. Wasted Money - Some people think that the changing of simple things such as cabinet knobs, sink faucets and light switches will add value to a home. Even though it does provide an updated visual appearance, the money spent on such items is money lost as it will never increase property value even for as much as the items cost. Buyers frequently don't like the small items that are in place and change them out anyhow after purchase of the residence. Wise Money – Instead of the above, installing a set of built-in shelves in the living or family room is something that looks modern and stylish and does actually add some value. Built-ins are one of the most attractive and desired remodeling features because of: storage space that is created; any décor can be accommodated; and it is a very desired feature. They are not that difficult to build and can often by done in a short period of time. Selecting a popular color for the shelves and perhaps a matching area rug could make a room look completely different. With some research and careful planning, such a remodel can be accomplished fairly inexpensively and make a positive impact on a home's net worth. Following is a short list of some other remodeling ideas that could add value to a house without spending a great deal of money: Fireplace - Install a stylish mantle over a plain, unaccented fireplace. Lighting - Install updated, more stylish lighting, or add it to areas where there is none. Paint – Add a fresh coat of paint in stylish color palettes to bring out the best in all the rooms of a home. Search online for examples and information on how to choose the right color. Storage - Increase storage so that every item has its own place. The less clutter, the more appealing a space appears. Crown Molding - Add crown molding to certain rooms, such as the living room, dining room and master bedroom. The effect is amazing and provides an expensive appearance for much less. Maintenance Besides the above suggestions, an easy way to maintain the value of a house is to take care of it. Keep the yard tidy and the siding or brick clean and in good shape at a minimum. Paint the front door as well as any window frames as necessary; switching to vinyl windows is a great way to add value to a home. Keep the grounds and front walk area clean and welcoming. Clean or replace carpet as needed to keep the inside of the house inviting as well. The list of ideas is endless and every homeowner should look into how some small, simple transformations can increase the net worth of a property. For ideas about such projects as well as information on how to pick colors and other such features, be sure to visit websites such as Better Homes and Gardens, houzz.com, and DIY Network as a few that can be found on Google search engines under “home remodeling.” A small but wise investment of time and money can have amazing results in the value of a home! C. Michael Hunter is an expert in custom home building. To find out more about Home Builders in College Station, go to the main website at: http://www.cgmhomes.com/.
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