It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Please seek the advice of an attorney, tax professional and/or financial advisor for guidance to properly evaluate particular investments and/or strategies. The resurgence of the farmhouse chic aesthetic can largely be attributed to “Fixer Upper” and the design preferences of its hosts Chip and Joanna Gaines. In each episode of the ultra-popular series, a couple buys a home in need of renovation and then “hires” Chip and Joanna to complete both structural and cosmetic work. The HGTV show’s popularity allowed Chip and Joanna to launch a home decor and media empire, including the upcoming Magnolia Network, which will be home to a reboot of the “Fixer Upper” series.
- Tidying Up with Marie Kondo took social media by storm when it first aired on Netflix in 2019.
- Update these often-overlooked interior elements with form and function.
- The catch here is that you need receipts for every one of these things.
- Unless you’re a structural engineer, you’ll want to consult with a professional to confirm the wall you’re removing is indeed non-load-bearing.
You should also replace carpets with vinyl or tiles as they’re easier to clean. “In some circumstances the area itself is the kerb appeal – think Wisteria Lane – but with less premium properties, make sure your property is eye-catching and lush. If you’re in the process of trying to sell your house or are simply looking to do somehome improvements, we can help. Looking for some home improvement ideas to increase the value of your home and help it sell quickly? We’ve teamed up with some experts to bring you some helpful tips.
Expanding the amount of physical space available in your home is one of the more expensive improvements but can also increase its value. Adding a conservatory is, on average, the most lucrative – just make sure it doesn’t eat up too much of your garden. Typically, you’ll not only make back what you spend, but double your money – and then some.
Bring some color into your garden or window sills
Try replacing your showerhead with a newer model so you can achieve a spa-worthy bathing experience in the comfort of your home. Select the perfect self-adhesive wallpaper to create an accent that’s easy to apply, remove, and reuse. Like a giant sticker, peel the decorative paper off the backing and adhere it to a primed and painted wall. To create a curvy top edge, use your mirror to inspire the outline of your design.
How We Organized Our Small Kitchen
The survey found that homeowners would rather complete home renovations during the fall/winter so they can travel in the spring/summer. Simple upgrades like adding a new light fixture, such as the semi-flush sputnik chandelier, to your foyer can make a bold statement. You don’t have to go big when it comes to kitchen projects. Install new kitchen cabinets or give current cabinets a refresh.
Upgrade Light Fixtures
People borrow against their homes, spending the money and draining the equity. Then, when they sell and receive, say, $50,000 after repaying their mortgage and home equity loans, they think that’s their capital gain. But it isn’t, and sometimes their tax bill is actually much higher than that $50,000. I asked the number crunchers at the real estate website Zillow to take a look. Currently, they believe that 3.8 percent of the homes around the country are already in the tax zone for single people and that 1.2 percent have reached the threshold for married couples.