Saturday, June 29, 2013

What should I spend my money on to increase my home value?

best electric fireplaces for heat on New - Lasko Silent Room Heater Model | bunda-daffa.com
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MJ


We are looking to refinance our home and know we need to fix some things up but want to know what the best way to go is. We heat our house with a woodstove and have some small electric heaters and an electric fireplace, but no heat pump or furnace. We have a lot of cosmetic work that needs to be done as well. The house was a fixer upper when we bought it and we have done A LOT to it. We currently have the money to put in a heat pump but we're thinking about finishing off the attic, repairing a bad patch in the roof, fencing in the yard, finally putting in all the trim and completing the cosmetic work. After that we would cash out refinance and put in the heat pump. Or we could reverse it and do the heat pump first. Which would increase my home value more, the heat pump or all of the combined cosmetic work?


Answer
The three improvements to an older home that gives the highest return on the cost of investment are:

Modernize the master bathroom

Mordernize the kitchen

Replacing all the windows

Also replacing the old garage door with a new roll up door gives a high return.

How to fix my electric fireplace?




pistons_on


We have an electric fireplace that does not seem to heat anymore. The coils never turn red, the fan motor never turns, and no heat is ever produced. Does anyone have any ideas on how to fix this?


Answer
Is there voltage going to it? If so, then it would probably be cheaper to replace than to repair. Also, finding the problem and then trying to find parts would be a pain.




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Title Post: What should I spend my money on to increase my home value?
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