Ever wonder if DIY home improvements are really worth the time and money? From replacing carpet to simply sprucing up your yard, many home improvement and remodeling projects can help yield a high return on investment. In other words, the value the renovation adds to your house is greater than the cost. Before you contact a contractor or bring out the toolkit, check out this do-it-yourself home improvement infographic to discover the best home improvements for resale.
You can increase your home’s value when you put the time and money into DIY home improvements. Consider funding your DIY projects with a home improvement loan from Nationwide Bank. Or tap into the equity on your home to fund your do-it-yourself home improvements with a home equity line of credit. A HELOC typically has a lower rate than credit cards, which means lower monthly payments and more money for DIY projects. Don’t forget to update your home insurance to reflect any home improvements you may have made since the last time you renewed your policy.
Top 10 DIY Home Improvements Recap
Here are the top do-it-yourself home improvement projects based on average cost, benefit and return on investment:
|Clean & De-clutter||$402||$2,024||403%|
|Lighten & Brighten||$424||$1,690||299%|
|Electrical & Plumbing||$807||$3,175||293%|
|Kitchen & Bathroom||$1,957||$3,254||66%|