For many of us, our home represents our greatest financial asset. Although many people believe that home repair is something that only trained professionals are capable of doing, that is often far from the case. Many home repair jobs can easily be done by the average person, with just a little guidance.
When renovating your home, you should always stay close to the home’s original character. If your street is lined with Victorian-era tudors and you choose to turn your home into a glass-fronted homage to modern architecture, it will stick out uncomfortably and annoy your neighbors. Also, the more you differ from the home’s original structure, the higher the cost of the renovation and the less your chance of getting a return on investment.
If your current residence lacks the square footage for a washing machine and dryer, you might consider purchasing a space-saving combo unit. Many of these units are as small as a dishwasher, so the room necessary to incorporate one is not substantial. The combo can both wash and dry clothes.
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.
Confirm the credibility of a business before you give your money to them. If a company doesn’t give you a physical address and only conducts business over the phone, that means they’re probably small time and aren’t very reputable. Stick with companies that are reputable and reliable.
Your home is one of your most valuable financial assets, and it is the place where you spend a majority of your time. So the next time you spot something that could use a little maintenance, you owe it to yourself, and to your wallet, to try your hand at fixing up your home!
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