I have equity in my house, can I release it for home improvement projects? The Motley Fool UK
This entitles homeowners the right to extend / renovate their home provided they follow some strict guidelines. A large two-car garage door is a huge eyesore if it’s rusty, banged up, or if the paint is faded,” says Allen Shayanfekr, CEO and co-founder of Sharestates. Trick out the garage floors with epoxy paint, finish the walls with Sheetrock, and add insulation to the walls and garage door. Add storage units, work bench or tool chest and proper hardware for hanging bikes, tools, and lawn care items. Find out surprising new uses for all that junk in your garage. “Any changes you make on your house now should increase your home value later,” says Kermit Baker, project director for the Remodeling Futures program at Harvard University.
In 2019, new bathrooms were fitted in 29 per cent of homes which sold that year so could be the key to selling fast and earning more. Some of Riley’s best projects include a fireplace makeover, a DIY modern pet bed and her popular $10 cabinet makeover. Riley also blogged the renovation of her friend’s outdoor poolside sitting area. Not only did she transform the space on a budget—she completed the project in just one day. You’ll also find advice on holiday cooking and decor, party planning ideas and even healthy recipes and natural living tips. One of the best DIY home projects that only takes a day or two to complete is updating your door handles.
- Will the update add convenience to daily life or bring joy with the beauty of fresh and modern materials?
- Best of all, This Old House features real-life houses – the editor’s own – in order to demonstrate real-life tasks.
- Lisa Marie Conklin is a Baltimore-based writer who writes regularly about pets and home improvement for Reader’s Digest.
- Bathrooms need to look fresh and hygienic, so paint the walls a neutral shade and ideally add a new shower curtain or a standard glass screen.
- While this is a project you can do yourself, for some homeowners it can be not only time-consuming but also emotional — if they have to make decisions about items that may have sentimental value, notes Rudman.
Also, “remove screen doors or storm doors, since that’s just another barrier to accessibility,” she says. And front doors should be a minimum of 34 inches wide, with “swing clear” hinges to maximize the entry width. Creating an eco-friendly home is the biggest trend of the moment and one we’re hoping will stick. However, you don’t need to be David Attenborough to want to go green. Incorporating energy-efficient design features into your project will help you both feel good and safe money. Finding a good contractor to do repairs and improvements to your home is important.
Installing new-construction orreplacement windows is a project many homeowners can try, but keep in mind doing it on your own might invalidate the manufacturer’s warranty. Check into the requirements and hire a professional if necessary, as that warranty could save you many headaches down the road. Protect your future renovation work by making certain the house won’t collapse on you.
Sheryl earned her Bachelor of Arts in Mass Communication with an emphasis in advertising/public relations and journalism, as well as a minor in business administration from St. Ambrose University. She then also earned a Master of Arts in Mass Communication with an emphasis in integrated marketing communications from Drake University. Make your very own stylish, cane headboard with just a few simple supplies and basic tools. Follow the step-by-step instructions below, then get more DIY headboard ideas here. Decorative fence post caps aren’t just for looks — they add years of life to your fence by protecting the posts’ end grain from the elements. Self-adhesive shelf liner isn’t just great for drawers — use it to give glass-front kitchen cabinets or open shelving a big pop of color and vintage-style charm.
Indeed, New Year can be a great reason to refresh your home and add more colors. Adur & Worthing Home Improvement Assistance offers advice and assistance to help you to make improvements and repairs to your home. If you choose to go it alone, you House & Home Improvement will need to dedicate some time to post-renovation cleaning. Start by sweeping and cleaning off all surfaces and objects before moving on to disinfecting. Use the following steps, if relevant, to clean your house after a home improvement project.
Check out our handy guide to selecting the right colour scheme for your home. Whether it’s outdoor maintenance, spring cleaning or home decorating – there is always something that can be done around the house! Better still, once it’s finished you will feel proud as punch and be able to look over your handiwork with a sense of achievement. As both an investor and content marketing professional, Kyle combines his passion for real estate investing and educational background with his love of helping others. His experience with real estate tech companies, including contributing to BiggerPockets Pro, gives him insight into markets across the United States. In most episodes, Holmes is forced to start the project from scratch, allowing viewers to see how things should be done.
Eye-catching front doors might be handy if you have guests coming to visit but may be off-putting to potential buyers, so keep it neutral. Cash-out refinance vs. HELOC before deciding which is better for your financial situation. Rocket Mortgage does not offer HELOCS, though it does offer home equity loans.
Save the planet, save money
Try a combination of open shelving and cabinets for a mix of storage and display space. Arrange wall-mount shelves above a desktop framed by cabinets or file drawers to fashion a home office or a kid’s homework station. With just a stud finder and a drill, you can install a medicine cabinet in less than an hour.
In most places, building code requires that only those professionally licensed to do the work can handle this part of the renovation. Many of these projects can be undertaken by an enterprising DIYer, but some projects, such as enlarging window openings, might call for a contractor’s expertise. Exercise caution when demolishing surfaces coated with lead-based paint.