6 Ways To Ensure Remodeling Pays Off

No. 3: Eco-friendly upgrades save cash
Install energy-efficient features, such as EnergyStar appliances and extra wall insulation, and you'll see lower energy bills every month. Add in the federal tax credit of up to $1,500 that lasts through 2010, plus many local rebates and tax incentives (see dsireusa.org), and the work may pay for itself in just five years.

6 Ways To Ensure Remodeling Pays Off

No. 4: Tech infrastructure outweighs gadgets
The fundamental problem with expensive built-in technology: What’s hot today won’t last and something better will come along tomorrow to make your system look outdated. Buyers are using any excuse to low-ball offers, so they're not going to be impressed with an out-of-date system.

6 Ways To Ensure Remodeling Pays Off

No. 5: Watch the Jones’
Keep your house's amenities in line with the neighborhood. If other houses on the block have real marble countertops, by all means add one, but if everyone has faux blue-marble Formica from the '70s, you're not getting your money’s worth. Also, keep your projects design-neutral so they'll appeal to the greatest number of people. Choose neutral colors and traditional electrical and plumbing fixtures unless your house has a modern architectural style.

6 Ways To Ensure Remodeling Pays Off

No. 6: Payback time is five years
Don't take on a big project if you're likely to move in less than three to five years. But if you plan to stay awhile, don't delay starting a project. Home improvements are a bargain right now, with contractors bidding lower for the same work as just a year or two ago. You'll fulfill the first rule of investing: Buy low. Then when you're ready to move, you can sell high.

12 Tips for Increasing Your Home's Value

Tip 1: Advice
Invite a REALTOR to check out your home. Even small suggestions can go a long way toward improving the look and feel of your home.

12 Tips for Increasing Your Home's Value

Tip 2: Inspect
Hire an inspector to check your home. They may discover hidden problems that could be fixed before negatively impacting your home's value.

12 Tips for Increasing Your Home's Value

Tip 3: Paint
Neutral-color paint is inexpensive and can add style. Fresh paint makes rooms look clean and updated while neutral colors appeal to the greatest number of people.

12 Tips for Increasing Your Home's Value

Tip 4: Reduce
An energy-efficient home will save you money now and is a marketable asset in the future. Replace old fixtures and thermostats to make your home more enjoyable and valuable.