Home Improvement Projects That Really Pay Off

Many of us watch TV shows and see the miraculous transformation of homes and gardens by professionals and amateur do-it-yourselfers. Is it really that easy, we ask ourselves. Could I do it? Where do I begin? What improvement projects will generate the biggest increase in the value of my home?

What Do You Want and What Can You Afford?

There are several good reasons for wanting to redecorate or remodel your home. If your residence no longer reflects your changing tastes and lifestyle but you don't want to leave a desirable neighborhood, maybe all you need to do is make one or two basic changes. Altering a color scheme, converting a bedroom into a home office, or upgrading the kitchen and bathroom are practical home improvement projects that add esthetic appeal and really pay off. If a move is in the future, you want home improvement projects that will give you the biggest bang for your buck when it�s time to sell.

Whatever your motives for improving your home, make a wish list with three categories:

• Must have
• Would like to have
• Dreams can come true

When your list is complete, consider the amount of money you have available or are prepared to borrow. Unless you have unlimited funds, make a realistic estimate of what you can afford. Are you planning major renovations that will require the services of an architect or a contractor? Will you need an electrician, a plumber, a carpenter, a painter, or all four? How much work can you do yourself? All these factors must be taken into account as you pare down your list into affordable home improvement projects.

How Do You Begin?

Every project starts with a plan. Itemize everything you want and think you can afford, and include a design of rooms to be remodeled. If you are going to require professional help, now is the time to talk to contractors, plumbers, and other tradesmen, and to ask for estimates. Comparison-shopping is a must. If you are an accomplished do-it-yourselfer, price materials and tools needed. If you can't afford to do everything on your list, reassess your prime needs and make a new plan.

What Projects Are Key?

The best projects for improving the value of your home are, happily, the most affordable and the easiest to do yourself, even if you are a super klutz. Ask any real estate agent for tips on how to prepare a home for resale and you will be told that the house and yard should be cleaned and all clutter removed. Creating suitable home storage facilities and cleaning and painting the interior and exterior of your house, therefore, are the jobs that top the list of desirable improvements. The premium projects that usually require professional help are kitchen remodeling first and bathroom remodeling second. These particular upgrades will provide the best return for your money, and the real estate industry has statistics to prove it.

Clean Everything in Sight

Cleaning your home and yard is a great improvement project, and if you are remodeling, it will be the final step after the dust has settled. You will need something heavy-duty like tri-sodium phosphate or its equivalent to wash most surfaces inside and outside the house. There are also special cleaners for glass, tile, porcelain, stainless steel, and wood, and for getting rid of unpleasant molds and mildew. Visit your friendly hardware store and read labels. There are cleaners for almost every material and for solving almost every cleaning problem. Make sure rooms are well ventilated whenever you are cleaning, carefully follow directions, and wear gloves and a mask.

Removing clutter is another worthwhile project and requires adequate home storage with a combination of cabinets, shelves and bins, and sufficient strength of mind to discard all junk, no matter how much you love it. You can buy easy-to-assemble shelving and cabinets in a great variety of sizes and materials at affordable prices. Small, decorative containers can be used to organize and conceal the ongoing accumulations of such items as incoming mail. In the yard, removing clutter means getting rid of dead trees, dead branches, broken slabs and stones in patios and walkways, and tidying up the garden and lawn. When faced with clutter, ruthlessly throw it out, recycle it, hold a garage sale, donate it to the charity of your choice -- get rid of it.

Interior painting and exterior painting should be next on your list of preferred home improvement projects. Fresh paint helps make your home look clean, bright, and spacious. When selecting colors for the exterior, don't forget to do something about that bland front door. Have fun! Fresh, harmonious colors add beauty and personality to your home both inside and out.

Put Kitchen and Bathroom Remodeling High on the List

Although remodeling a kitchen seems like a daunting task, a complete overhaul pays great dividends if and when you sell your home. Purchasing new cabinets and appliances are worthy goals, but you can also make minor changes that will create impact. If you can't replace the kitchen cabinets, replace the cabinet doors at least. If that is also beyond your means, add molding to the cabinet doors, paint them, and replace the hardware. It�s not that difficult or expensive to replace an outdated sink, and if you can't afford a new stove, fridge and dishwasher, don't hang on to those gold or avocado monstrosities -- buy attractive reconditioned replacements.

Bathroom remodeling is the next most important improvement and the biggest dividends come from installing a new sink, bathtub, toilet, and shower stall, as well as attractive tiles and custom cabinets. Again, if you can't manage a complete makeover, replace the tired old taps, faucets and shower head; add shelves; and paint and redecorate the cabinets.

Other Projects to Consider

After you have decided on and planned for the most important home improvement projects, new window covering and upgraded flooring should receive your attention. You can choose from a large array of window dressings and styles, or simply buy fabric, turn hems with iron-on tape, and dramatically drape the material over attractive curtain rods. Shutters are another possibility and lend themselves to many different decorating styles.

Your choice of flooring is limited only by your taste and budget. Rip up the old carpet and replace it with contemporary hardwood flooring or laminate flooring. If you already have hardwood, simply sanding and re-staining it or giving it a clear finish may give your rooms the lift they need. Other flooring replacements that can transform a room include tile, vinyl, linoleum, or textured rubber.

Finally, save a little energy and money to improve the appearance of your yard. Maybe all you have to do to improve the landscape is trim, mow, weed, and then plant a few flowers. Adding or upgrading an existing patio, deck, or walkway can also be very worthwhile.

Choosing the best modeling and redecorating projects will not only increase the long-term value of your home, they will also provide satisfaction and pleasure for you, the smart homeowner.

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5 Home Improvement Projects

Each of us braces for the winter season in one way or another. Perhaps it's lining up or entertainment choices so we know there will be something to watch when the blizzard arrives. For the member of the family in charge of the home renovation projects, it's all about making the house comfortable as everyone tries to get cozy this winter. Where do you begin? If you're looking for ideas, these 5 home improvement projects cannot miss.

1. Shore up the insulation. Insulation is all about making the home feel comfortable. Your heating and cooling system depend on a properly insulated home to work efficiently. If not, they will have to work overtime. In such cases, no one wins. It draws more energy from the world's depleting natural resources and it costs you a great deal more money when you have to pay for that energy. A solid insulation plan is going to help you avoid these issues. Look to the attic first and the rest of the house to follow.

2. Make sure your heating system is all set. How can you go into the winter without a full scale review of your heating system? The answer is no self-respecting homeowner ever would. Have an HVAC technician review your system before the cold weather hits. If you don't, you could end up as the most unpopular person in the house when your system's breakdown coincides with a major winter storm. You need to have this system looked at long before such a catastrophe happens.

3. Make a sweep of the major appliances. The appliances in your home will make a big difference as the winter comes along. Proper food handling and preparation procedures demand that your refrigerator maintain a steady temperature. If not, you could be putting your family at risk. At the same time, there is nothing quite as disappointing as having a holiday meal come out unsuccessfully because of an inadequate stove.

4. Patch up the kitchen. The kitchen is going to get a real workout during the winter months. Just imagine how much action takes place in this room when the holiday season hits. Even if you aren't hosting the holidays this year, you are going to spend a lot of time hunkered down when the snow season begins. Makes sure you have everything in place. The cabinets should have a new face on them, plus the countertops are another potential eyesore. Flip the switch and take care of these projects quickly.

5. Get the old windows out. Old windows allow all sorts of unwanted air into your home, both through cracks in the frame and through gaps in insulation above and below. It will be a very uncomfortable winter if you let these problems persist. You don't have to take your attack to the entire home. You can hit the problem areas first and slowly work throughout the fall. The bottom line is you won't regret a single move you make.

Home Improvement Projects for Your Money

Before you get started on that family room addition, take a moment to consider its potential return. Each year, Remodelingmagazine's Cost vs. Value Report provides a fascinating look at the percentage of a home improvement project's costs that are likely to be recouped at resale. The report finds that not all home remodeling jobs are created equal—you'll probably get more of your investment back after building a wooden deck, for example, than adding a sunroom.

To help consumers better understand which jobs offer the highest potential returns, we used the 2009–2010 Remodeling Cost vs. Value Report to compile a list of the 5 best—and 5 worst—home improvement projects for your money:

The Best

1. Steel entry door replacement: Homeowners who install a steel front door recoup on average nearly 129 percent of the project's cost when they sell the home, according to the report. Sal Alfano, the editorial director Remodeling magazine, says that's in part because a steel door is less expensive than the alternatives. A fiberglass front door replacement project, for example, costs about three times more than a steel door replacement, according to the report. But a steel door can still be attractive enough to boost your home's curb appeal. "A brand new door makes a big first impression on somebody who is looking at the house," Alfano says.

A steel door can also make a home more energy efficient, says home improvement expert Danny Lipford. "Steel most of the time has a magnetic weather stripping," Lipford says. "So you close it and that magnetic weather stripping seals it up very nicely." But Lipford cautions that while steel makes for a nice painted surface, it doesn't work with all design tastes. "If you are going for a stained look, a rich wood look, you can simulate the stain, but as soon as you knock on [the steel door] you know that it has an unrealistic look to it."

2. Attic bedroom: Homeowners who turn their dusty old attic into a functional bedroom recoup on average about 83 percent of the project's cost when they sell the home, according to the report. At around $49,000 a job, converting an attic into a bedroom is certainly more expensive than replacing your front door. But when it comes to adding new livable space to your home, building an attic bedroom is often easier on your budget than the alternatives. A family room addition, for example, can run around $83,000. "When you are adding to the footprint of the house you have foundation costs, dirt work, and all of that," says Paul Zuch, the president of Capital Improvements. "But if you are doing an attic conversion you don't have all of those."

At the same time, modern households can encounter all sorts of scenarios that require additional living space. "Whether it's because an elderly parent is moving to the house and is taking the first floor suite and so the kids are moving upstairs, or a child has come back to live with the family after graduating from college," Alfano says. When faced with situations like this, an attic bedroom conversion can sometimes be your best option.

3. Wood deck addition: Homeowners who add a wooden deck to their properties recoup on average nearly 81 percent of the project's cost when they sell the home, according to the report. Celia Kuperszmid Lehrman, deputy home editor at Consumer Reports, says the wooden deck's appeal is linked to today's more thrift-conscious consumers, who are looking to save money by spending more time at home. "Since they are staying home they want to enjoy their exterior, they want to enjoy their outdoors," Kuperszmid Lehrman says. "So [adding a deck] is one of those areas that can add value." Like steel, the popularity of wooden decks is also associated with costs. A similar project built from composite materials can run you about 50 percent more. Lipford, meanwhile, highlights another key benefit of building a wooden deck. "That's not heated and cooled space, but it is an opportunity to make you feel like you have a lot more space in your home than you actually have,"