Collins & Demac Real Estate



Posted by Collins & Demac Real Estate on 12/5/2013

Buying a home is still one of the best ways to build wealth. If you are looking to add value to your home without breaking the bank there are many projects that will increase your home's value for less than $1,000. One thousand dollars can go a long way when it comes to home improvement projects. If you think and plan smart your profit should outweigh your investment. Here are a few projects that will give you the most bang for your buck. 1. Organize Your Home Declutter your home by organizing closets, cabinets and pantries. Add bookshelves for more storage. Maximize space in the kids’ rooms by installing platform or bunk beds. A neat and organized home is easier to live in and shows better to potential buyers. 2. Make an Entrance Simply updating and replacing your entry door will spruce up your curb appeal. Not only will the new door look great it can also help save money.  Adding a steel door will save on energy. Most of the new steel doors are made to look like wood. A new door will cost approximately $400. 3. Install a Programmable Thermostat. Another way to save money is to switch from a manual to a programmable thermostat. Prices vary greatly on these thermostats but don't expect to pay more than a few hundred dollars for a high end model.  A programmable thermostat can save you $180 a year in energy costs. 4. Update your Cabinets Cabinet hardware makes a huge difference on how new your kitchen looks. Simply update the cabinet hardware by installing new knobs and pulls in more modern metals and looks. Most large hardware store have a large selection of hardware you can usually buy a 10-pack for approximately $20. 5. No more Bathroom Blues Bathrooms can be one of the most expensive updates in a home. You can give a bathroom a quick facelift by replacing old tile. Vinyl tiles are inexpensive and easy to install or with ceramic tile can cost as little as $3 per square foot for material and installation.