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DIY TO SEND YOUR HOME EQUITY SOARING
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You're going to save money with DIY home improvement projects, everybody knows that.
But do you know how much? Cut professionals out of the equation and you can save half the cost of a project -- or more.
The financial value you get out of a DIY project is much more than what you put in.
Here's a rundown of some top money-saving projects, using cost and recovered costs data from the “Remodeling Impact Report” from the NATIONAL ASSOCIATION OF REALTORS®.
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NEW STEEL FRONT DOOR
Few replacement projects have as much upside as a new steel entry door. Not only will you recover about 75% of the cost of having an entry door professionally installed, but you'll spruce up your curb appeal big time.
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NEW VINYL WINDOWS
Replacing one, two or three first-story windows is a good DIY job. Anything more and the pros will get the job done with better efficiency.
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NEW GARAGE DOOR
Change out your old garage door for a spiffy new steel model and the whole neighborhood will thank you.
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NEW WOOD FLOORING
Few projects are as satisfying, while recovering such a high percentage of your investment, as new wood flooring.
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INSULATION UPGRADE
Upgrading an under-insulated attic space can save you up to 50% per year in energy costs. If you do it yourself, you'll pocket the savings much sooner than a pro installation.
For more, visit HouseLogic.com
MORE EQUITY FOR YOUR HOME
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"Before tapping into your home equity, make sure to consider the pros and cons that come with taking out a loan for home improvement."
-Bank Rate
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