Home Improvement Projects That Pay for Themselves

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13 Home Improvement Projects That Practically Pay for Themselves

Lisa Marie Conklin

These smart upgrades pay off big in resale value and enjoyment of your home.

Bright ideas

“For an immediate face-lift, update your light fixtures,” says Kim Howard, Realtor and co-founder of Howard Homes Chicago. You can buy a stylish ceiling fan for $100 dollars or less and updated semi-flush ceiling mount lights for about $60. Not only do buyers love the cohesive flow new lighting gives the home, but Howard also says new lighting easily increases the value of the home by 1 to 2 percent, which translates to $10,000 on a $500,000 home.

Give cabinets new life

Modern new light interior of kitchen with white furniture and dining table.Undrey/Shutterstock

“Replacing your cabinets is a huge cost that is not completely necessary if the cabinets are less than ten years old, functional, and made from a high-quality wood like cherry, maple, ash, hickory, or oak,” says John Milligan, Product Development Manager at N-Hance Wood Refinishing. Refinishing generally costs between $3,000 to $8,000 and can potentially bump up the value of your home between 3 and 7 percent. Here are 13 more tricks to make your kitchen look expensive.

The biggest bang for your buck

Couple painting house wallRawpixel.com/Shutterstock

A fresh coat of paint instantly updates and transforms the entire interior of your home, and when you consider that the average price tag of a gallon of one-coat coverage paint is around $38, that’s about the biggest bang for your buck you can get. “Grays are back in vogue, and create a neutral palette that lets your decor really pop,” says Steve Frellick, licensed contractor and founder/broker of Yonder Luxury Vacation Rentals. Repaint your bathroom blue, and your house could fetch as much as $5,440 more than expected, according to a recent Zillow report.

Renovate your views

Windows that stick or are warped or drafty aren’t doing your comfort level or your budget any favors. According to the 2018 Cost vs. Value report in , vinyl replacements windows average just under $16,000 for ten 3-by-5-foot double-hung windows and have a resale value near $12,000. Plus, you’ll reap even more savings from your energy bill. Replacing the same number of wood windows is a bit pricier at around $19,000 with a resale value of approximately $13,500. Look out for these 12 hidden home expenses that are draining your bank account.

Dress up your siding

Luxurious new home with curb appeal. Trendy grey two-story exterior in Bellevue with large picture windows, stone siding, covered porch and concrete pathway. Northwest, USAArtazum/Shutterstock

Manufactured stone veneer looks just like real stone but is made from less expensive concrete. On a home’s exterior, it adds texture and warmth and gives you a solid return on your investment. According to , taking a 300-square-foot band of existing vinyl siding from the bottom third of the front of your house and replacing it with a manufactured stone veneer will cost around $8,200. However, you’ll recoup an impressive 97 percent of your costs when it’s time to sell.

Roll up the carpet

Robert Kneschke/Shutterstock

Tasteful mini bathroom remodel

Bathroom sink shot close up with a modern design white subway tile backsplashGarrett Aitken/Shutterstock

“It never hurts to put money into a tasteful bathroom remodel,” says Realtor Sam McLennan from Century 21 McLennan & Company in the greater Boston area. “Replacing the toilet, vanity, light fixtures, and mirror can add a new look and feel for under $3,000. For a few hundred dollars more, consider coating a dated fiberglass tub with a white epoxy and adding a curved shower rod and curtain to freshen the decor. McLennan says even a mini bathroom remodel can amp the increase the resale value 5 to 10 percent.

Exterior facelift

Closed wooden front door of a house during daytimeDavid Papazian/Shutterstock

New siding is like a facelift for the house, resulting in enhanced curb appeal. But replacing worn out siding isn’t just about looks: Damaged siding creates moisture and mold, and it leaves insulation exposed, causing your heating and cooling bills to skyrocket. According to the 2018 Cost vs. Value report in Remodeling, updating a 1,250 square feet of siding will cost around $15,000 and add about $11,500 to your home’s resale value. Find out how to save on all your utility bills this month.

The grass is always greener in your yard

Drip Irrigation System Close Up. Water saving drip irrigation system being used in a Blueberry field. Max Lindenthaler/Shutterstock

Dragging out and moving sprinklers every week is not only time-consuming; it adds to your water bill. A better idea? Drip irrigation. “This puts water where plants need it—at the root zone—and it uses much less water over time, as the emitters are placed right near the plants and drip at a reduced rate,” says Tyler Davis, plant merchant for Orchard Supply Hardware. It’s easy to install, and at an average of $2.50 to $4.50 per square foot, it will pay for itself in a short time with water savings, he adds. A green and well-manicured lawn adds $2,000 to $7,000 to the resale value of your home. Here are 11 other home projects you can DIY this weekend.

A “welcome” upgrade

Light green wooden doors in an old traditional English lime stone cottage surrounded by climbing pink roses, lavender, on summer dayYolanta/Shutterstock

A freshly painted front door and garage are the main components of the all-important first impression, notes Allen Shyaanfekr, CEO and co-founder of Sharestates. Simple touch-ups can be staining or painting the door. According to the 2018 Cost vs. Value report in Remodeling, a 16-by-7-foot garage door averages about $3,500 with a resale value of about $3,400. A new steel front door might set you back about $1,500 but the resale value is about $1,350.

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Give yourself some space

Bright attic bedroom with wood double bed and floor panelsPhotographee.eu/Shutterstock

Creating more usable square footage is something you’ll never regret, whether you use it for storage or more living space. “Having a finished basement or attic can be as simple as putting up and painting sheetrock and putting down flooring,” says Shayanfekr. The costs will vary greatly depending on the square footage and materials used, but the Remodeling Impact Report from the National Association of Realtors shares that you’ll recoup 53 percent resale value with a $75,000 attic conversion, and a basement conversion of around $40,000 will recoup $25,000 at resale.

Replace the roof

Roofer builder worker installing roof shingles brizmaker/Shutterstock

Replacing a leaky or worn out roof may not seem like an exciting home improvement with that “wow” impact, but you’ll save in energy costs and prevent mold and moisture from damaging your home. And once the new roof is installed, it acts as the finishing touch to the curb appeal—not to mention, it pays for itself. According to the Remodeling Impact Report from the National Association of Realtors, a new roof averages about $7,500 but you’ll recoup 109 percent of the cost with $8,150 in resale value. These are the 15 things all smart homeowners do once a year.

Take it outside

Bright garden furniture, grill and plants on cozy terrace with wooden floor and brick wallPhotographee.eu/Shutterstock

Creating more living space without the breaking the bank is on the wish list of many homeowners, and upgrading your outdoor space is one way to do it. “An outdoor ‘room’ is the second most important room in the house, second to the kitchen,” says Kevin Guzior, vice president of marketing & product development at Pioneer Landscape Centers. For decks, expect to spend an average $9,000 to $24,000, depending on if you use composite or wood., while a concrete patio averages between $2,000 and $12,000 depending on poured pad or pavers used, Guzior says. A deck or patio will add about 80 percent for resale value and hours of enjoyment. Don’t miss these 31 home improvements that will double the value of your home.

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Source

https://www.rd.com/home/improvement/home-projects-pay-for-themselves/

Home Depot earnings roar back on home-improvement spending

Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world’s biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday.

Higher mortgage rates combined with steadily rising real estate prices have dampened home sales this summer despite the robust economy and job market, but Americans continue to plow money into the places where they live.

The Atlanta company’s second-quarter profit hit $3.51 billion, or $3.05 per share. That a much bigger per-share profit than the $2.84 that Wall Street was looking for, according to analysts surveyed by Zacks Investment Research.

Revenue rose to $30.46 billion, from $28.11 billion, also topping projections of $29.98 billion on Wall Street.

Sales at stores open at least a year, a key indicator of a retailer’s performance, surged 8 percent, and 8.1 percent in the U.S.

Home Depot suffered a rare subpar performance when it reported first-quarter earnings in May. A cold spring chilled sales of fertilizer, live plants and gardening goods. It’s been a different story for the three-month period that ended July 29, with temperatures heating up along with the job market.

The weather and falling unemployment, near a five-decade low, has led to increased home-improvement spending.

Home Depot now foresees 2018 earnings-per-share growth of about 29.2 percent, from last year’s $9.42 per share. The company expects revenue to rise about 7 percent, with same-store sales to increase about 5.3 percent.

The Home Depot Inc. last predicted 2018 earnings-per-share growth of about 28 percent, an increase in revenue of about 6.7 percent, and same-store sales growth of about 5 percent.

Source

https://www.cbsnews.com/news/home-depot-earnings-roar-back-on-home-improvement-spending/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+cbsnews%2Ffeed+%28CBSNews.com%29

Britain’s Biggest Home Improvement Chain May Dump Monsanto’s “Roundup” After Cancer Lawsuit

One of the UK’s largest home improvement chains, Homebase, is considering dropping Monsanto’s Roundup line of weedkiller products amid growing concern over their use, after a California jury awarded dying former school groundskeeper Dewayne Johnson $289 million in damages in a lawsuit alleging Roundup caused his advanced stage cancer. 

The manufacturer of the weedkiller, Monsanto, has insisted that British consumers are safe to continue using Roundup products, which are widely sold at DIY stores and used by British farmers. But a spokesperson for Homebase said it would be reviewing its product range after the ruling in California.

A spokesperson for B&Q said it had already been undertaking a broader review of all garden products in an attempt to manage the range responsibly. -The Guardian

Johnson, a 46-year-old father of two sued the agrochemical giant, claiming his non-Hodgkins lymphoma was triggered by Roundup and Ranger Pro, a similar glyphosate herbicide that he applied up to 30 times per year. 

In finding for the Johnson, who has months to live, the jury found that Monsanto had “acted with malice or oppression,” and should have known the weedkiller was a danger. 

In 2007, California added Roundup to a list of cancer-causing herbicides, requiring Monsanto to add a warning label to their packaging. 

Monsanto says it will appeal the verdict. 

“Today’s decision does not change the fact that more than 800 scientific studies and reviews — and conclusions by the U.S. Environmental Protection Agency, the U.S. National Institutes of Health and regulatory authorities around the world — support the fact that glyphosate does not cause cancer, and did not cause Mr. Johnson’s cancer,” Monsanto Vice President Scott Partridge said in a statement.

Monsanto is a subsidiary of Germany’s Bayer AG, which closed on its $66 billion purchase of the agrochemical company in June. 

On Tuesday, Johnson’s attorney Brent Wisner urged jurors to hold Monsanto liable and slap them with a verdict that would “actually change the world” – after arguing that Monsanto knew about glyphosate’s risks of cancer, but decided to ignore and bury the information. 

The German pharmaceutical group Bayer, which owns Monsanto, said: “Bayer is confident, based on the strength of the science, the conclusions of regulators around the world and decades of experience, that glyphosate is safe for use and does not cause cancer when used according to the label.”

The scientific world, however, has raised doubts about glyphosate. A ruling in 2015 by the World Health Organization’s international agency for research on cancer (IARC) classified glyphosate as “probably carcinogenic to humans”. -The Guardian

“This is a landmark case, which highlights not only the problems caused by glyphosate, but also the whole system of pesticide use. We need to urgently change our systems of weed control to stop relying on herbicides,” said Emma Hockridge, head of policy at the UK’s soil association, who described the Monsanto ruling as a “dramatic blow” to the pesticide industry. 

The UK’s National Farmers’ Union, on the other hand, doesn’t believe the use of the pesticide should be reviewed following the CA court’s decision. 

“We’re in the same place as when they ruled it was safe to use. We don’t think the opinion of a Californian jury should change that,” said The NFU’s deputy president, Guy Smith – an active livestock and arable farmer. 

“Its most common use in UK farming is to kill weeds in the autumn before seeds are planted. On my land right now, I’m spraying it today. Without glyphosate, I would have to plough and cultivate the land. That would use extra diesel, which is bad for the soil and the environment.”

Source

http://www.zerohedge.com/news/2018-08-12/britains-biggest-home-improvement-chain-may-dump-monsantos-roundup-after-cancer

Britain’s Biggest Home Improvement Chain May Dump Monsanto’s “Roundup” After Cancer Lawsuit

One of the UK’s largest home improvement chains, Homebase, is considering dropping Monsanto’s Roundup line of weedkiller products amid growing concern over their use, after a California jury awarded dying former school groundskeeper Dewayne Johnson $289 million in damages in a lawsuit alleging Roundup caused his advanced stage cancer. 

The manufacturer of the weedkiller, Monsanto, has insisted that British consumers are safe to continue using Roundup products, which are widely sold at DIY stores and used by British farmers. But a spokesperson for Homebase said it would be reviewing its product range after the ruling in California.

A spokesperson for B&Q said it had already been undertaking a broader review of all garden products in an attempt to manage the range responsibly. -The Guardian

Johnson, a 46-year-old father of two sued the agrochemical giant, claiming his non-Hodgkins lymphoma was triggered by Roundup and Ranger Pro, a similar glyphosate herbicide that he applied up to 30 times per year. 

In finding for the Johnson, who has months to live, the jury found that Monsanto had “acted with malice or oppression,” and should have known the weedkiller was a danger. 

In 2007, California added Roundup to a list of cancer-causing herbicides, requiring Monsanto to add a warning label to their packaging. 

Monsanto says it will appeal the verdict. 

“Today’s decision does not change the fact that more than 800 scientific studies and reviews — and conclusions by the U.S. Environmental Protection Agency, the U.S. National Institutes of Health and regulatory authorities around the world — support the fact that glyphosate does not cause cancer, and did not cause Mr. Johnson’s cancer,” Monsanto Vice President Scott Partridge said in a statement.

Monsanto is a subsidiary of Germany’s Bayer AG, which closed on its $66 billion purchase of the agrochemical company in June. 

On Tuesday, Johnson’s attorney Brent Wisner urged jurors to hold Monsanto liable and slap them with a verdict that would “actually change the world” – after arguing that Monsanto knew about glyphosate’s risks of cancer, but decided to ignore and bury the information. 

The German pharmaceutical group Bayer, which owns Monsanto, said: “Bayer is confident, based on the strength of the science, the conclusions of regulators around the world and decades of experience, that glyphosate is safe for use and does not cause cancer when used according to the label.”

The scientific world, however, has raised doubts about glyphosate. A ruling in 2015 by the World Health Organization’s international agency for research on cancer (IARC) classified glyphosate as “probably carcinogenic to humans”. -The Guardian

“This is a landmark case, which highlights not only the problems caused by glyphosate, but also the whole system of pesticide use. We need to urgently change our systems of weed control to stop relying on herbicides,” said Emma Hockridge, head of policy at the UK’s soil association, who described the Monsanto ruling as a “dramatic blow” to the pesticide industry. 

The UK’s National Farmers’ Union, on the other hand, doesn’t believe the use of the pesticide should be reviewed following the CA court’s decision. 

“We’re in the same place as when they ruled it was safe to use. We don’t think the opinion of a Californian jury should change that,” said The NFU’s deputy president, Guy Smith – an active livestock and arable farmer. 

“Its most common use in UK farming is to kill weeds in the autumn before seeds are planted. On my land right now, I’m spraying it today. Without glyphosate, I would have to plough and cultivate the land. That would use extra diesel, which is bad for the soil and the environment.”

Source

http://www.zerohedge.com/news/2018-08-12/britains-biggest-home-improvement-chain-may-dump-monsantos-roundup-after-cancer

Britain’s Biggest Home Improvement Chain May Dump Monsanto’s “Roundup” After Cancer Lawsuit

One of the UK’s largest home improvement chains, Homebase, is considering dropping Monsanto’s Roundup line of weedkiller products amid growing concern over their use, after a California jury awarded dying former school groundskeeper Dewayne Johnson $289 million in damages in a lawsuit alleging Roundup caused his advanced stage cancer. 

The manufacturer of the weedkiller, Monsanto, has insisted that British consumers are safe to continue using Roundup products, which are widely sold at DIY stores and used by British farmers. But a spokesperson for Homebase said it would be reviewing its product range after the ruling in California.

A spokesperson for B&Q said it had already been undertaking a broader review of all garden products in an attempt to manage the range responsibly. -The Guardian

Johnson, a 46-year-old father of two sued the agrochemical giant, claiming his non-Hodgkins lymphoma was triggered by Roundup and Ranger Pro, a similar glyphosate herbicide that he applied up to 30 times per year. 

In finding for the Johnson, who has months to live, the jury found that Monsanto had “acted with malice or oppression,” and should have known the weedkiller was a danger. 

In 2007, California added Roundup to a list of cancer-causing herbicides, requiring Monsanto to add a warning label to their packaging. 

Monsanto says it will appeal the verdict. 

“Today’s decision does not change the fact that more than 800 scientific studies and reviews — and conclusions by the U.S. Environmental Protection Agency, the U.S. National Institutes of Health and regulatory authorities around the world — support the fact that glyphosate does not cause cancer, and did not cause Mr. Johnson’s cancer,” Monsanto Vice President Scott Partridge said in a statement.

Monsanto is a subsidiary of Germany’s Bayer AG, which closed on its $66 billion purchase of the agrochemical company in June. 

On Tuesday, Johnson’s attorney Brent Wisner urged jurors to hold Monsanto liable and slap them with a verdict that would “actually change the world” – after arguing that Monsanto knew about glyphosate’s risks of cancer, but decided to ignore and bury the information. 

The German pharmaceutical group Bayer, which owns Monsanto, said: “Bayer is confident, based on the strength of the science, the conclusions of regulators around the world and decades of experience, that glyphosate is safe for use and does not cause cancer when used according to the label.”

The scientific world, however, has raised doubts about glyphosate. A ruling in 2015 by the World Health Organization’s international agency for research on cancer (IARC) classified glyphosate as “probably carcinogenic to humans”. -The Guardian

“This is a landmark case, which highlights not only the problems caused by glyphosate, but also the whole system of pesticide use. We need to urgently change our systems of weed control to stop relying on herbicides,” said Emma Hockridge, head of policy at the UK’s soil association, who described the Monsanto ruling as a “dramatic blow” to the pesticide industry. 

The UK’s National Farmers’ Union, on the other hand, doesn’t believe the use of the pesticide should be reviewed following the CA court’s decision. 

“We’re in the same place as when they ruled it was safe to use. We don’t think the opinion of a Californian jury should change that,” said The NFU’s deputy president, Guy Smith – an active livestock and arable farmer. 

“Its most common use in UK farming is to kill weeds in the autumn before seeds are planted. On my land right now, I’m spraying it today. Without glyphosate, I would have to plough and cultivate the land. That would use extra diesel, which is bad for the soil and the environment.”

Source

http://www.zerohedge.com/news/2018-08-12/britains-biggest-home-improvement-chain-may-dump-monsantos-roundup-after-cancer

Essential Bathroom Renovation Ideas That You Should Not Overlook

Want to renovate your bathroom? Read the article below and know what bathroom mixer taps experts in Sydney say about it.

Have a Wish List At Hand

Before you start your bathroom renovation task, you need to plan the project systematically so that it can be finished within the stipulated time without any issue. For that, you need to make a wish list and have it at hand. First of all decide the things that you want to eliminate or add in your bathroom. Laying hand on this job without preparation may result in excess expenses.

Get In Touch With Professionals

Your project may be a small one, and you may think that you can do it on your own without the help of professionals. If you are going to do that, then you are making a big blunder. It is actually an expert job and you can’t ignore their importance. Some are afraid of the professional costs. But, you should know that if you have no knowledge about the job, you may have to afford more cost. So, never skip to visit a professional. They can guide you properly providing you with appropriate and affordable solutions.

Get the Electrical Works Done Before

When you are planning bathroom renovation, you would obviously install some new lights and electrical pumps and showers. In order to add more charm and comfort you can set a TV over there also. So, it is better to call the electrician well in advance. You would also come to know about any fault in your electrical wiring.

Check the Ventilation System Well

Don’t forget to look after that ventilation system. As this place would be open to all the water use, if the humidity and moisture get locked inside, the interior ambience and other items would be damaged.

Make Floor, Walls and Ceiling Waterproof

Making the walls, floor and ceiling waterproof is also mandatory. Install tiles on the floors that would give an elegant look and would prevent damp. Choose high quality paint that can withstand water and can protect the walls from mould and moisture. Along with that choose smart taps that would last lost and would not make you face issues like leakage or dripping, say the bathroom mixer taps specialists in Sydney.

Install Mirror for Miracle

No matter if your bathroom is not large, you have options to make it look big. Apply lighter shades and install frameless mirrors. Both of them would reflect the light well and would make the area look spacious.

Source

https://www.sooperarticles.com/home-improvement-articles/essential-bathroom-renovation-ideas-you-should-not-overlook-1675448.html

Breaking Your Personal Limits