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The Power of Sweat Equity

Posted by Ben
March 14, 2008

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Take a moment at the end of this article to watch the following video…it will be worth it.

As a general rule, when it comes to your own house, the notion of working on it seems a bit of a chore and we just seem to say, “Oh I will get to that next weekend”, or “We’ll do that the next time its rains.”  But then, the next time the opportunity to tackle something comes along, we either find something really really interesting to do, (like read a book that you wouldn’t normally care about) or contract it out and just pay to get it done.

If this is you, don’t fret, its happens to all of us.  What we need to remember is that if we buckle down, we will end up saving an amazing amount (as well as increase our home values).  The Do It Yourself (DIY) Channel’s Sweat Equity is a show that runs every weeknight at 8:30pm and it is full of  great ideas that can save a good deal of cash.  Here is their by-line:

Sweat Equity“About Sweat Equity
How about increasing the value of your home by $10,000 in just two weekends? Sweat Equity shows you how to determine which home improvement projects will return the most bang for their buck in your area. Is it better to install new kitchen cabinets or just reface the old ones? Are granite countertops really worth the cost? Should you put more money into your bathroom or your kitchen? Host Amy Matthews helps homeowners tackle the projects themselves with national experts in the worlds of finance, design and home remodeling giving tips and techniques on saving money along the way. Each episode ends with a reveal of the grand total—how much did the home’s value go up? With a little bit of knowledge and a little bit of sweat, you can build a whole lot of equity—and a much nicer home too!“

 

 

 

 

Tom Hanks in Money Pit (1986):

 

On DIY’s page you will find videos, top projects and budget estimators.  It is definitely worth checking out.  What are some home improvement projects that you have done?  $


Related articles you might be interested in:
Labor Day Weekend Savings
Should Main Street Investors Test Their Luck in Private Equity?
Reverse Mortgages Are Tempting But Costly
Negotiate Real Estate Commissions
Five Common Money Mistakes to Avoid

Budgeting, DIY



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