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Fall Back in Love With Your Home

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Fall Back in Love With Your Home

Once you’ve lived in your house for a while, it’s hard to get quite as excited about it as you were. But let’s be honest—moving isn’t always an option.

That doesn’t mean you have to sit there in a home you’re not thrilled with. Today, we’re going to talk about how you can get a “new” home without buying a new house—and increase its value along the way.

Little changes can have a big impact

You don’t need to spend big bucks to make your house over. Sometimes the little things make a big difference: painting walls, changing light fixtures and knobs, and adding curtains and plants can give your home a completely different look for only a few hundred dollars. Rearranging furniture, artwork, and knick-knacks can also freshen things up, and all it’ll cost you is a little time.

Maybe you’ve got some items that you’re tired of but your friend likes. Maybe he or she’s got something you’ve had your eye on. Maybe the two of you can work something out.


If you’re feeling cramped, it’ll take more than paint or new curtains to make that go away. Converting an unfinished attic or basement can be a great way to get extra space at a fraction of the cost of building an addition. For either project, you can expect your home’s value to increase by around 70% of what you spend, which is not that bad as far as remodeling projects go. And you’re not only getting more value--you’re getting more livable space that you can use.

You can also consider adding a deck to increase your space. Decking companies can be a little sketchy at times: if you’re hiring a contractor, be sure to get quotes from at least three and check their complaint history with the Better Business Bureau.

Think about using the equity in your home to help you finance any big changes. Home equity loan rates tend to be a lower-rate option than financing with a credit card or personal loan. Explore your home equity options like a cash out refinance to find out which is best for you. 

Make the most of what you have

What if you have no cash to finish your attic or basement? What if you don’t even have an attic or basement?

You can still make your space seem bigger without actually increasing your square footage. The cheapest—and least fun—thing you can do is clean and throw away, donate, or sell anything you don’t need. Honestly, if you haven’t worn or used it in a year, you probably don’t need it.

If you have a little cash to spare, you can buy organizational tools, like shelves and hooks, or furniture that provides extra storage space, such as a coffee table or bed with drawers. If your space is especially challenging, consider hiring a professional organizer. He or she may come up with some creative solutions to your space and interior design issues.

Content provided in part by BALANCE.

Tap into the money you’ve already invested in your home to cover life’s expenses.

  • Related Resources

    See More Resources

  • Which Home Improvements Pay Off?

    If you decide to make upgrades to your existing home, you’ll be able to enjoy the updates yourself and perhaps recoup some of your expenses if you decide to sell in the future.
  • Why Refinance?

    Refinancing is the process of paying off an existing loan with the proceeds from a new loan, and using the same property as collateral.