Angie's List: Adding Value to Your Home - KULR-8 Television, Billings, MT

Angie's List: Adding Value to Your Home

Posted: Updated:
BILLINGS -

This time of year, homeowners are eager to spring into action and get started on home improvement projects.

But the key is tackling projects that will increase your home's value.

In today's Angie's List report, KULR-8's Emily Nantz will tell you some home improvement blunders to avoid.

Shortly after moving in to her new home, Heidi Birkey discovered a plumbing problem that cost her more than $500 to fix.

"The plumbing under the sink is really old and it was all metal plumbing so when he took it apart it fell apart in his hands. He snaked it and even changed the vent boot up on the roof and still we couldn't get any clog to come out. I had the plumbers to come out three different times and finally they had to replace the plumbing in kitchen. That was a big expense I wasn't expecting," says Heidi Birkey, homeowner.

You need to be selective because every project won't add value to your home.

Real estate agent Nancy Burk says when you do choose a project, it's important to follow through.

"There are a lot of times we'll meet with a potential seller and they'll say 'oh and we just finished doing our kitchen floor. We've installed a new bathroom floor, or we've put in a new shower enclosure." And my husband and I, who work together, hold on breath because typically the homeowner may start a project with great enthusiasm and fails to finish out the project," says real estate agent Nancy Burke.

If you want to add value with your home improvement projects, there are 3 common mistakes you should avoid.

"Be sure that you balance your needs and your wants. Maybe you want a new deck, but you need a new furnace and only have money for one. Be sure you invest in those needs first because it will be a better return on your money," says Angie Hicks, founder.

You also want to avoid over-investing in your home. Kitchens and bathrooms are the best things to invest -- but you usually get around 85 percent back.

Remember, always hire a reputable contractor.

Typically home offices and sunrooms aren't a good investments.

A buyer may want that space for something else - like a bedroom or playroom.

The return on the investment for these projects is about 60 percent or less.

  • Angie's ListMore>>

  • Angie's List: Buy or Fix a Refrigerator

    Angie's List: Buy or Fix a Refrigerator

    If your refrigerator is performing poorly, it may be on the fritz. Now is a good time to be on lookout for deals as stores will be making way for new models before the end of the year.
    If your refrigerator is performing poorly, it may be on the fritz. Now is a good time to be on lookout for deals as stores will be making way for new models before the end of the year.
  • Angie's List: Kids and Braces

    Angie's List: Kids and Braces

    If you suspect your child may need braces, prepare for spending thousands of dollars. In today's Angie's List report, how you can plan for the cost of braces.
    If you suspect your child may need braces, prepare for spending thousands of dollars. In today's Angie's List report, how you can plan for the cost of braces.
  • Angie's List: Lawn Care

    Angie's List: Lawn Care

    The quest for a lush, green lawn takes a lot of work and involves more than just mowing. In today's Angie's List report, how you can treat your lawn without getting mowed down.
    The quest for a lush, green lawn takes a lot of work and involves more than just mowing. In today's Angie's List report, how you can treat your lawn without getting mowed down