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Home & Garden Articles
Increasing Your Homes Value Through Home Improvements
Tue 31 Mar 2009 - 16:01
Increasing Your Homes Value Through Home Improvements
By [http://ezinearticles.com/?expert=Shawn_Meldrum]Shawn Meldrum
During the 40 year period from 1963 through the year 2002 home values increased an average of 6.37% every year. Obviously that increase in value came in jumps and starts, but the overall lesson is that owning your own home is a safe way of creating equity over the long haul, assuming you don't keep borrowing against the value of the home as the value increases.
The value of you home will naturally change over time. Certainly some economic factors outside of your control will affect the value of your home, but there are a lot of things you do have control over that can also increase the value of your home. These same factors can also give you the edge over other sellers in your area when it comes time to sell your house.
Even if you don't plan on selling your house right away, it's important to understand that many of the changes you make to your house affect its value. Of course, simple repairs and maintenance won't increase the value of a home but they will keep it from going down. Major improvements may increase the value, but not all improvements are created equal.
Depending on your market some improvements will increase the value more than others and some improvements may even reduce the value, so you want to be informed when you make a decision to remodel you home. Certainly, you may make changes simply to satisfy your own comfort or desires, but it still is important to understand how those changes will affect your homes value.
To learn 15 Easy Home [http://easyhouseremodeling.com/article-4-increase-home-value.html]Improvements That Increase the Value & Salability of Your House for Less Than 20 Dollars visit http://easyhouseremodeling.com , a popular house remodeling website that offers information, tips and free house remodeling resources and home improvement advice.
Article Source: http://EzineArticles.com/?expert=Shawn_Meldrum http://EzineArticles.com/?Increasing-Your-Homes-Value-Through-Home-Improvements&id=2155327
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