How Home Improvements Helped Us Gain Equity in Our House
As a means of making home improvements, we were able to raise the market value of our house and, thus, our personal financial position. In the short time we've lived there, my wife and I have been able to significantly increase the value of our home. Our $400,000 home underwent a $20,000 renovation. After completing all of our renovations, our home was only recently reassessed. As a result of this, an accurate appraisal of $480,000 was provided. As a result of our first year of home ownership, we now have an increased sense of self-worth and equity worth $60,000 more. We finished what we said. We took great care in narrowing down our list of potential home improvement projects. Our goal was to make every dollar invested in the company pay for itself in profit. Only by doing so will we be able to increase our equity. Upgrades that were surefire ways to increase the value of our home were chosen. Winterizing Your House My family and I recently purchased a house built in the 1940s. T...