How to Save Money on Home Repairs With the Right Tools

January 19, 2011 | Author: | Posted in Home Improvement

It should come as no surprise that homeowners are finding it challenging to sell their houses for the price that they want. While everyone wants to blame it on the market, quite often, a few simple improvements could have bumped a selling price up a significant amount. You don’t have to be a professional handyman to increase the value of your home, all you need is some essential tools and a do-it-yourself attitude.

There is an elevated level of accomplishment when you complete a home improvement project yourself not only does your home become more appealing to potential buyers, you saved yourself a ton of money by not hiring someone else to do the job for you. All you really need is a few quality tools like the best wood router that fits in your budget and you’ll be surprised and just what you can fix.

Why buy a router? Whether you’re looking to tackle minor or major home repairs, a router is about the most versatile tool that you can use. If you have a little room in the basement or the garage, a router table will certainly come in handy too.

Return on Investment

A house that has minor repairs taken care of and a facelift in a few areas, sells faster and for more money, plain and simple! If you were looking at a few different homes all in the same neighborhood, would you choose one that had new cabinets and perhaps a new deck addition or one that you had to go into with a long list of projects to tackle? While some buyers do want the fixer-upper home, they also expect to pay a substantial amount less for it.

Sure, you can hire someone to take care of these tasks or you can buy yourself some quality tools, take on these projects yourself and see a higher return on your investment. According to Home Worth and House Value Source, some projects can even offer up to a 200 percent return on your investment when you go to sell your home if you complete the repairs yourself.

  • New paint, vinyl flooring and carpentry – 150 percent return.
  • New flooring and fixtures in the bathroom – 200 percent return.

  • New cabinets, counter tops and flooring in the kitchen – 150 percent return.
  • Deck addition or patio – 200 percent return.

  • Attic conversion – 90 percent return.
  • Wood siding – 90 percent return.

  • Basement Conversion – 70 percent return.

Energy Efficient

Buying quality tools with the highest energy-efficiency rating ensures that you are using the least amount of electricity that you need to get the job done. This will keep the cost of your project down by not having such a big effect on your electric bill and it will allow you to have a minimal impact on the environment as well.

About the Author: Mike Rocha is a freelance writer who spends his spare time renovating and selling older houses. He provides advice and tips for home repairs and information on how to get the most value out of your home.

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