Have you recently put your home on the market and looking to make some updates to make your home more attractive, while getting a good return on your investment? A recent Equifax Finance blog article, “Inexpensive Ways to Increase Your Home Value” gives some tips on easy, cost-effective improvements you can make on your home without busting your budget.
Update the flooring in one room of your home – Wide-planked wood flooring (five inches or more wide) is an updated version of classic wood floors, and is a way to make that room pop. Wood floors are easier to clean than carpeting and healthier than carpeting (it doesn’t trap dander and allergens). Hardwood flooring is available starting at about one dollar per square foot and going up to six dollars per square foot, not including installation, which should be left to the pros, the article says.
Add a backsplash to your kitchen – Glass tile is a big trend right now and backsplash installation is something you could do yourself with a how-to class from home improvement retailers. Tile ranges from $1 to $13 per square foot, but is something you could splurge on, since you won’t need much tile to complete a backsplash. If you wanted to make a more immediate and even less expensive update, you could paint your cabinetry and/or change the hardware on your cabinets. Both of these will give a kitchen an instant facelift.
Get the rest of the article’s tips on the Equifax Finance blog, where you can also find loads of other advice and articles on personal finance topics, including saving money, real estate, investment, taxes, preventing identity theft, staying on top of your credit and more.
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