Home Renovations That Increase Your Resale Value (2010 Edition)

Not all home improvements are created equal. Especially if you're looking for "resale value" back from your work.

An article from the Wall Street Journal lays it out cleanly. Function beats flash these days so be wary of where you spend.

Environmental upgrades such as home insulation and energy-efficient steel entry doors are recovering a much greater percentage of their cost these days than major remodels including kitchens or bathrooms.  This is especially true for homes that are already "over-improved" relative to the neighborhood.

Upgrading the biggest and best homes on the block can be a losing proposition.

The article's findings include data from groups such as the National Association of Home Builders, Remodeling Magazine, and Consumer Reports.  It lists the following home improvements among its top "paybacks":

• Steel entry door replacement : 129% cost recovery
  
• Wood deck addition : 81% cost recovery
  
• Vinyl-replacement window : 77% cost recovery

Energy-efficiency projects also recoup costs monthly in the form of lower heating and cooling bills.

Remodeling Magazine says a larger number of homeowners will remodel their homes in 2010 with less emphasis on upgrading kitchens and bathrooms, and more emphasis on adding new rooms.  From an appraisal perspective, this is a terrific way to increase your home's value -- especially if your home's bed/bath count lags your neighbors.

Before starting a home improvement project, regardless of whether your goal is increase resale value, talk with a real estate agent about other homes in the area and how they're built. At worst, you'll gather some ideas you can work into your plan. At best, you'll keep yourself from over-improving.

15-Minute Fixes For Around The Home

Home maintenance is an ongoing project. There's always something to do around the house, or something to fix. The problem is, you may not have the time, or the skills, to get it done yourself.

In this 4-minute piece from The Today Show on NBC, you'll see some projects are quite simple.

Dubbed "15-Minute Fixes", see how simple it can be to handle 3 common household chores:

1. De-alcification of a shower head
   
2. Clearing hair from the inside of a bathroom drain
   
3. Sealing a granite counter-top

Each clean-up job is cheap, quick, and can be handled sans handyman. As Spring Fever sets in, put these fixes on your To-Do List.

Cool Tools : Color This! Shows How Paints And Colors Will Make A Room Look Good

Visualizing a home in different colors can take a good eye and strong imagination -- especially when you're house-hunting and the home's effects are of someone else.

Yet, we wonder:

• What would the bedroom look like in blue?
  
• How would the kitchen look in yellow?
  
• What if the foyer wall was accented in red?

At the Better Homes and Gardens website, you can answer those questions and see the results for yourself.  Using the Color This! tool, website visitors can mix-and-match swatch colors, then apply them to a room's walls, floors, trim, cabinets and accessories.

Don't just get a mental picture of a room -- get an actual picture.

The Better Homes and Gardens site requires a basic, non-intrusive site registration to use the Color This! product suite.  It's also available for home exteriors and window treatments, too.

How To Replace Your HVAC Air Filter

In the two-minute video above, you'll learn how to replace an air filter from start-to-finish.  There's no need for tools and no need for experience -- the job is about as basic as home maintenance jobs come.
Air filters should be changed at least quarterly but it's okay to change on a monthly rotation, too -- especially if your home has shedding pets, or is under construction or repair. Just remember that not all air filters are created equal.
In this famous video, we see how $0.99 filters can fail to get the job done. Spending $10-15 for a filter that works is a better idea.
Save money by buying in bulk.

Get Your Home Ready For Listing : How To Eliminate Home Odors Completely

Difficult home odors plague homeowners.  Ground into rugs, absorbed into walls, and clinging to furniture, some smells are slow to fade, leaving lasting impressions on both guests and potential buyers. Often, that impression is unfavorable.

Do something about it. 

In this 4-minute piece from NBC's The Today Show, you'll learn how to eliminate bad smells and prevent them from returning.  It's all basic direction, too:

• How to use the porous nature of wood to your advantage
  
• How to remove get "smoke smell" out of a wall
  
• How to improve a home's air quality by cleaning carpets

For more serious offenses, the video covers in-home air purifiers, too.

"Smelly homes" are undesirable and can make your home less attractive to buyers.  Watch the video, follow the instruction, and declare your home an Odor-Free Zone.