Home equity is very important in today’s real estate market. Not many people have any, and those that do, often have very little. To make sure that you get the best bang for your buck in terms of equity and resale value, follow the tips and suggestions in this article.
Install radiant heat under your new tile floors. There are kits available for the do-it-yourself homeowner, and it’s really not rocket science. It will make a dramatic difference in the “wow” factor of your home both to guests and to potential buyers. Invite them to take their shoes off and feel the heat!
Light-colored roofing is a great investment. Light colors reflect sunlight, as opposed to dark colors which absorb them. This reflection reduces the amount of heat that accumulates in your attic. Simple tips like the color of your roof can add up to big savings over the lifetime of a roof.
Avoid making expensive renovations based on personal tastes. Spending $1,000 a tile on your bathroom may seem like a good plan but the odds are if you eventually sell, you will not recoup that money. If the change is not something that can be appreciated by someone other than you, consider doing something different.
Be certain to seal the grout once the tile has been laid. Unfortunately, grout has lots and lots of open pores. This can lead to mildew, ruining the quality of the tile. Grout without sealant is easier to stain, too. Sealing the grout makes the flooring easier to clean, and it decreases your potential for future costly repairs too.
With the housing market still being so depressed, it can seem like a waste of money to even do any remodeling on your home. But the truth of the matter is that buyers are still expecting a certain level of updates in the homes that they purchase. Following these tips will ensure that you have what buyers want.