Cheap Ways to Update Your Living Room

-

 


Living rooms… We spend so much time in them that neglecting to update it would be a mistake. It would also be a mistake because you would be missing out on so much added home value! We have researched the best ways to update your living room to add value to your home, and don’t worry, they’re also budget friendly!

 

1. Paint, you guessed it!

Welcome back to another episode of updating your home, I am your host, Paint! Paint will always be your best friend when selling a home. Neutral colors are the best colors to use when painting a room because they open up the space and they let the home buyer imagine what they could do to that space to make it theirs!

2. Change the Hardware

Yes, believe it or not, there is hardware in your living room. Change out or paint over the light switch and outlet plates. Update the lighting. If you have weird lighting, you can install recessed lighting to make the room look brand new. You don’t really need to do much to these, but every little detail counts.

3. Install Hardwood Floors

Hardwood floors are at the top of the Interior Design food chain. They are the alphas and everyone wants hardwood floors in their homes. Carpet in the living room makes the room look small, cluttered, and dirty. Change out that carpet for some hardwood floors and watch as the value of your home increases.

4. Architectural Molding

Long are the days when bare, smooth walls were in fashion. Everyone wants texture in their home and the simplest way of doing this is to add some crown molding, paneling, or wainscoting. If you don’t think you can install this yourself, you can hire a carpenter to install these for you, or if you’re feeling brave, install them yourself! This DIY project can give you new skills and it can also save you thousands of dollars.

5. Get Rid of Popcorn Ceilings

Boy oh boy… Popcorn ceilings. Why? In today’s age, no one wants to see popcorn ceilings anywhere in their house! Popcorn ceilings make the room look small, dark, and dirty. Get rid of them! Potential buyers want to see clean cut spaces that are easy on the eyes and allow them to visualize their lives in their new home. If you are feeling brave, you can take these off yourself, but be careful! If your home was built around the 1950s, get your ceiling checked for asbestos. Do not attempt to remove popcorn ceilings by yourself if you don’t have experience.

6. Add More Storage

If your living room doesn’t have built in shelves or extra storage, consider installing some. These can add extra value to your home because we are all looking to keep our living room organized. You can build them yourself or have someone install them for you. It’ll be worth it in the long run when you see the value of your home increase!

New Horizons Credit Union is always here to help. If you are looking to improve your home, but don’t have the money, New Horizons can help you out! We offer competitive rates and terms on our Home Equity Loans. 

Comments

Post a Comment

Popular posts from this blog

6 Steps to Take Before Retiring

-
Image
  Everyone counts down the years, days, and minutes until they can retire. But before you retire, there are six important steps you need to take to retire worry free.  1. Define Your Retirement When you define your retirement, you think about what it is you want to accomplish. Do you want to travel the world, the states, or stay at home and relax? Do you want to make improvement to your home, or sell your home and purchase an RV? When you know exactly what it is you want to do when you retire, you will have an easier time transitioning from work to retirement life. 2. Take Stock of Your "Assets" This is an important step because you're taking a look at all the money you have. Look at how much you have in your savings accounts, retirement accounts, stocks and bonds, and any other savings accounts you may have. This will give you a better idea on how much money you can allocate to everything
Read more

7 Steps to Start Saving

-
Image
  Saving can be a little intimidating when you don't know where to start. But remember, the biggest mistake you can make is not saving. Below are a few tips to help you get started with saving. 1. Track Your Expenses The first step to start saving is to track your expenses. Figure out where your money is going, how much you are earning and spending, and how much you have left over. If you use a credit card, you can get a chart with your expenses broken down where you can see what you're spending your money on. Once you figure out where all your money is going, categorize it so it's easier to see where you're spending most of your money. Use this to create a budget in step two.   2. Create a Budget Now that you have your categories, create a budget so you can minimize spending. Categories should include things like: rent / mortgage car payment / car maintenance bi
Read more

Get Your End-of-Year Financial Health Checkup

-
Image
As the eagerly awaited holiday season gets underway, the end of the year is a great  time to get a financial health checkup to make sure your finances are on track.    With regular checkups, you can fix small problems before they become big issues.   This year-end, keeping financially healthy is especially important due to many economic uncertainties  related to inflation, inventory shortages, as well as the expiration of COVID relief programs put in place more than a year ago to help people manage through the pandemic. Your Financial Health Check Up   Like a physical health checkup, a financial checkup examines your vital signs to be sure all is well when it comes to your financial health and wellness.  Do you have an emergency savings account? How do your credit card balances look? Are you tracking monthly income and expenses? What does your credit score and history look like? These are a few of the vitals reviewed during an end-of-year financial
Read more