DIY Home Renovating – How much equity will you gain?
As we’re coming up to the winter months, many homeowners are going to start planning some inside DIY projects. Actually, for what we are talking about here, I should call them renovations.
While you’re creating your master wintertime DIY project plan, why not have an understanding of what your finished project adds to your home’s value?
The DIY Network has an entire section dedicated to what they call, “Sweat Equity”. They list several projects with a schedule that tells you when the topic will be on TV. If you cannot wait (like me), click a topic and scroll down a little. Look for the small, almost hidden section named “In this episode“. That contains links that allow you to jump to a specific subsection of the tutorial and watch right there!
“How about increasing the value of your home by $10,000 in just two weekends? Sweat Equity shows you how to determine which home improvement projects will return the most bang for their buck in your area. Is it better to install new kitchen cabinets or just reface the old ones? Are granite countertops really worth the cost? Should you put more money into your bathroom or your kitchen?”
Visit DIY Sweat Equity
On their site, they also reference a CNN Money Renovation Calculator that was pretty simple to use.
Thanks to Thrifty Mommy for pointing out these resources.
Photo: FLCRN
