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December 4, 2010 | Posted By: Brian Simpson
Whether for profit, comfort, or aesthetics, home improvements will benefit a property, either on the homeowner's eyes or for the current market. However, many homeowners do not want to spend a great amount of money on improvements, either due to budget concerns and financial particularities and goals, or because they want to improve the property, but will move shortly.
In this case, home improvements should concentrate in areas where it is cost effective and profitable to improve.
Most real estate experts agree that the areas where homeowners should improve are the bathroom and the kitchen. Typically, these two rooms are the ones that are most used, and the ones where buyers make the most demands or requirements on their must-haves list.
Closet space is another area where buyers do not seem to compromise. If a home does not have storage space, most likely it is out of the list. Today's buyers are very different from buyers of past decades - they simply have more stuff and they live different lifestyles. Sometimes, old properties with small rooms and lack of space do not make this type of buyer's list.
However, home improvements in these areas do not have to be expensive. Here are a few suggestions on cost effective home improvements that are worth it.
What are some cost effective ideas you've found to update a home?
Guest contributor Brian Simpson has spent many years buying and selling property. He believes that cheap home improvements can often add more value to a property than many people realize. Heís seen some simple redecorating, or the addition of a contemporary electric fire suite, add value to many properties. He is the owner of ElectricFireSuite.org, a website that aims to help home-owners find an electric fireplace thatís right for their needs. He uses his own experience to help others.
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