It's Your Money: Home Remodeling

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It's Your Money: Home Remodeling

By KSFY Staff

If you have ever remodeled your home, you probably found out that it can cost a lot of money to make those changes. Our financial expert Aaron Maguire has some tips on making sure you make the right changes to your home for the least amount of money.

1) Start with the exterior.
· Make sure the yard is cleaned up and the landscaping is manicured.
· Make sure you have landscaping. Adding more landscaping can really improve the looks of a home.
· Adding shutters to a home can make a difference to the way your home looks.

What can we do with the interior of the house?

2) Keep it simple.
· Painting the rooms can make a huge difference in a home
· Cleaning or replacing your carpet is also a good change to consider
· Changing the knobs on your cabinets, light fixtures, door handles, and bathroom fixtures can really update your home
· If your cabinets are older…consider just changing the doors on the cabinets to update them.

Are there a few things that you probably should not do?

3) Don't over improve your home.
· Don't spend money on a brick paver driveway if no one in your community has one.
· Stay away from putting in a pool, you limit your market for resale.
· Keep up with what your community is doing, just don't go overboard
· Always think about resale when you thinking about doing something for your home

If you'd like to learn more about finances, visit www.reliancewealth.com or e-mail Aaron Maguire at aaron.maguire@reliancewealth.com.

Watch It's Your Money every Monday on KSFY on Live at 11:30.

 

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