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DIY Home Project Tips to Increase Your Equity

April is Financial Capability Month, previously known as Financial Literacy Month, and this is a great time to improve your financial health and take a deeper look at your spending, saving, borrowing and planning habits.

April also marks the beginning of spring cleaning season, home renovations season and a popular time to put homes on the market.

We are combining all these things and have compiled some DIY projects you can do during Financial Capability Month to maintain your financial health while enhancing your living space, whether you are planning to sell or just want a fresh, new look for spring.

Do your own spring-cleaning
Cleaning your home can make a dramatic difference in both its appearance and value. Vacuuming, dusting, mopping and disinfecting high-traffic areas of your home will make a noticeable difference. If you’re selling your home, consider a deeper clean, such as:
  • washing windows
  • cleaning the blinds
  • scouring the inside of the oven and other appliances
  • cleaning baseboards
  • wiping down ceiling fans and light fixtures
Put on a new coat 

Fresh paint has a way of transforming any home like nothing else. If you’re painting before you list your home, be sure to choose light, neutral colors. When repainting cabinets and doors, it is essential to prepare, such as cleaning and sanding surfaces, to ensure your paint job is beautiful and durable.

Refresh worn surfaces

If you have granite countertops or hardwood floors that are losing their luster, now is a great time to take action. Sealing countertops to bring out their shine and refinishing drab hardwood floors can make an expensive-looking difference to your home’s appearance for a reasonable cost.

Upgrade hardware and fixtures

Making a few updates to even small things like cabinet pulls, towel rods and light fixtures can significantly impact the look and appeal of your home. Other projects to consider are updating electrical outlets to those that incorporate USB plugs, switching your thermostat to a smart unit and updating worn-out doorknobs.

Improve your curb appeal 

Take some time to improve the look of your home’s exterior. Clean and replant flowerbeds, trim your bushes, repaint the front door or even update your mailbox.

Meritrust is your partner in financial well-being

Aside from completing a few home equity-boosting DIY projects, spend Financial Capability Month developing other healthy money habits, like reading up on the homebuying process and more with our other informative blog posts.

Now is also a great time to get pre-approved for your next mortgage at Meritrust. We‘d love to assist you throughout your home-buying process.