Posts Tagged ‘Rule Of Thumb’

How To Achieve High Home Improvement Value

January 22nd, 2010



People think of their homes in different ways. The old adage – a man’s home is his castle – can be true for many men and women. Your home is also likely to be your biggest investment and as such it is deserving of continued upgrade to increase the home improvement value of your investment.

Or perhaps you’ve bought your home with a view to making some quick improvements and on-selling it.

Whatever your reasons for buying your house you will expect to see a rise in your home improvement value.

Estimating your home improvement value is a simple process and increasing that value can also be easy if you plan well. Regardless of where your home is located, or its amenity or size, it will have the potential for home improvement value. A simple rule of thumb in home improvements is that every dollar you invest should return you two dollars.

D-I-Y Improvements

Planning is the secret to increasing your home improvement value. Spend time in the planning stages and you’ll be rewarded in the renovation stage.

Start with pen and paper and two columns. In the first column list all the features that your house currently has, for example: two bedrooms, one bathroom, combined lounge/dining area, etc. In the other column write down the features you’d like to have in your home; for example four bedrooms, two bathrooms, rumpus room.

You may not be able to achieve everything you’ve written down in the second column; however, writing down the features that you desire is the first step in achieving your home improvement value.

Gaining Another Bathroom

Many people desire an en suite bathroom and this can be a great way to add value to your home. If the main bathroom is located adjacent to the master bedroom – as it frequently is – it can be a relatively inexpensive job to know a doorway between the two rooms. This will give you and immediate home improvement value!

Often a well-located closet can be turned into a toilet area, providing another boost to your home’s value.

Adding A Bedroom

Before you go to the expense of calling in a contractor, take a look at the present bedrooms. Do you have a large bedroom than could easily be divided into two smaller bedrooms by installing a stud wall? These bedrooms may be small but can give children or teenagers some much needed private space. What about a sun room or a veranda that can be closed in to provide a bedroom?

Adding bathrooms and bedrooms to a property is a great starting point to improving your home’s overall value.

If adding additional rooms is outside of you price range, then something as simple as a fresh coat of paint can transform a house or apartment. Keep the wall colors light and the ceilings and trim white if your aim is to make the rooms look larger.

In the bathroom and kitchen the addition of new taps and cupboard handles can brighten and add a contemporary touch to the rooms.

Remember the basic rule that a small investment now will turn into a big investment in the future. Keep making those small improvements and you’ll be able to watch your home improvement value grow over time.

By: Alison Stevens

Home Improvement Guide – Choosing a Good and Affordable Contractor

December 28th, 2009



When making home improvements, some homeowners choose to handle the
project themselves. However, individuals with little home improvement
knowledge will have to rely on a contractor. Selecting a good and
affordable contractor is essential. Because some contractors are shady and
charge ridiculously high fees, picking the right contractor requires
research. Here are a few tips to help you pick the best contractor for your
next home improvement project.

Get Referrals from Family and Friends

Asking family and friends for the name of a good contractor may prove
worthwhile. If a relative or acquaintance completed similar home
improvements, and were satisfied with the work, using the same contractor may
speed up the selection process. Trying to identify a shady contractor
is difficult. Using referrals to select a contractor will increase your
chances of finding a reputable home improvement company.

Browse Contractors Listed in the Yellow Pages

If your friends and family cannot refer a good contractor, you will
have to rely on the yellow pages and other forms of advertisements. The
yellow pages include many listings, which makes the selection process
challenging. Rule of thumb: do not hire the first contractor you contact.
Instead, request information and quotes from several companies.

Get an estimate and ask how long it will take to complete the job. Each
company will quote you slight different estimates. It is tempting to
choose the least expensive contractor. However, keep in mind that more
expensive contractors may use better materials or has a reputation for
good work.

Research Contractors with the Better Business Bureau

As you begin your search for a good contractor, contact the Better
Business Bureau (BBB) in your local area. If a contractor or company has
received any complaints from past customers or has developed a bad
reputation, the BBB will have this information. While browsing contractors,
choose one with a flawless record.

Along with researching complaints by the BBB, request references from
the contractor. Ideally, references should be current and include
customers that had similar work completed on their homes. Contact previous
customers to see if they were satisfied with the contractor’s work.

By: Carrie Reeder