home equity

Cheap ways to spruce up a home

Highlights
  • Rather than spring for a whole new cabinet system, look into refacing the ones you have.
  • New paint makes everything look clean and bright again.
  • A nicely mowed lawn, a few well-placed shrubs and a swept walkway make a great first impression.

Many people see huge dollar signs flash like neon lights whenever they hear the words "home improvement," but there are many things you can do to spiff up the old place without spending a fortune.

Upgrades
Here are 10 low-cost ideas that can pay high dividends to get you started.
10 cheap ways to upgrade your home
  1. Make your kitchen cook.
  2. Give appliances a face-lift.
  3. Buff up the bath.
  4. Paint works wonders.
  5. Step up storage.
  6. Mind the mechanics.
  7. Look underfoot.
  8. Let there be light.
  9. Reframe your entry.
  10. Consider curb appeal.

1. Make your kitchen really cook

The kitchen is still considered the heart of the home. For a few hundred dollars, you can replace the kitchen faucet set, add new cabinet door handles and update old lighting fixtures with brighter, more energy-efficient ones. If you have a slightly larger budget, you can give the cabinets themselves a makeover. Rather than spring for a whole new cabinet system, which can be expensive, look into refacing the ones you have. Many companies will remove cabinet doors and drawers, refinish the cabinet boxes and then add brand-new doors and drawers at a price considerably less than new cabinets.  Unless the cabinets are mica, a fresh coat of paint can also do the trick.

2. Give appliances a face-lift

If your kitchen appliances don't match, try ordering new doors or face panels from the manufacturer. Many dishwasher panels are white on one side and black on the other. It can be as simple as removing a couple of screws, sliding the panel out and flipping it over.

3. Buff up the bath

Next to the kitchen, bathrooms are often the most important rooms to update. They, too, can be improved without a lot of cash. Simple things like a new toilet seat and a pedestal sink are pretty easy for homeowners to install, and they make a big difference. You can replace an old, discolored bathroom floor with easy-to-apply vinyl tiles or a small piece of sheet vinyl -- often applied right over the old floor. If your tub and shower look dingy, consider regrouting the tile and replacing any chipped tiles. A more complete cover-up is a prefabricated tub and shower surround. These one-piece units may require professional installation but still can be cheaper than paying to retile walls and refinish a worn tub.

4. Paint

New paint makes everything look clean and bright again. And don't forget the ceiling. Paint the trim a contrasting color. Another option: Paint a wall three different shades of the same color. Measure equal sections and use painter's masking tape to mark off each area. Do the bottom of the wall first with the darkest shade. Once it dries, do the middle section with the next lightest shade and so on.

 

advertisement

 

 

Home Equity Loan Rate Search

Compare local home equity rates
30K FICO-based HELOC average
5.31%
Home equity
This is the daily overnight average for a $30K HELOC.
Find the best home equity rates

Home Equity Loan Home Equity Line of Credit
Select a product:
Start Here
Type of Loan:
Home Description:
Credit Profile:
Property Location:
* Please select a "Property Location"
Get up to Four Loan Offers in Minutes!
Compare low rates from the nation's top lenders and local brokers
  • Fill out our simple, secure form
  • Receive up to 4 loan offers
  • Choose the program that best fits your needs
Compare Home Equity Rates



advertisement
Home Equity Averages
Product Rate +/- Last week
30K HELOC
5.31%
5.33%
30K Home Equity Loan
8.35%
8.39%
50K HELOC
5.06%
5.07%
75K Home Equity Loan
8.84%
8.89%
View rates in your area:
home equity
Top credit scores mean a couple can close a HELOC without worrying about FICO damage.
advertisement
advertisement

Rates can change at a moment's notice.

Let us keep an eye on them with customized alerts.

Subscribe:RSS Feeds