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Little home fixes have a big payoff

Posted on Thursday, August 15, 2013 at 10:46:48 AM

How can a homeowner get the most return on their home improvement financing investment?

Smaller, more cost-effective remodels typically do more to improve value than larger changes, according to CNN Money. The smart decision has more to with what upgrades are being made, not how fancy those improvements are.

In fact, some tasks are so simple that they are often overlooked when homeowners asses the value of their properties. 

"The most meticulous weekend warriors don't think to do these things, yet anyone can knock them out in minutes for virtually no cost, even if you don't have a basement workshop - or own a flannel shirt," Gino Goe, a Santa Barbara property manager, told the news source.

A good first step often includes managing storage. Wasted space should be taken care of immediately, and empty walls can be transformed into additional shelving, according to Better Homes and Gardens.

If a property has a unique feature, like high ceilings or great views, home improvement financing can help add upgrades that attract attention to those areas. Easy-to-install molding and trim can accentuate these elements, the website noted. 

Overall, the best improvements save both the current - and future - homeowners money. Fixing energy leaks or replacing insulation will cut monthly bills and improve a house's value.