Whether you are planning to put your home on the market or make it more comfortable to live in, there is a lot to be gained from making home improvements.

Improvements in your home could involve:

– Repairs of already existing structures,

– Remodeling certain parts of the home to give them a facelift,

– Making additions to your home to improve quality of life,

– Home improvement projects in order to make a house more energy efficient or environment-friendly.

To decide on a home improvement project can seem pretty daunting. But armed with a few handy home improvement tips, you could be well on your way to the ideal home of your dreams. Most of these tips are easy to follow and will make deciding on home improvement projects a breeze for you.

– Before deciding on a home improvement project, you have to decide exactly why you think your home needs it, how much you should be spending on it, and what is the result you would be satisfied with.

– The first home improvements you should consider are repair moves. Attend to any ceiling repair problems, the plumbing job you have been putting off or that attic insulation that has become necessary. This holds true whether you are planning to live in the home yourself, put it on rent, or put the home on sale.

– Remodeling your kitchen or bathroom is a smart home improvement move if you are planning to put your home on sale. This increases the value of the home immediately, and if researched properly, can be done with very little investment.

– Home improvement projects that involve remodeling need to be well thought out, so that they do not look out of place in the house. They are usually done to improve lighting, provide more space or glamorize the home. Remodeling a home can also mean an improvement in the atmosphere. For instance, if a kitchen wall is broken down to create an open kitchen, it immediately makes the home more friendly and sociable.

– Making additions to a home like adding a deck, a pool, or an outdoor storage area are usually the result of what the family needs, but could also be excellent selling points if the home goes up for sale some day. Additions to the home should be considered as home improvement projects if there is extra outdoor space which by itself does not improve the value of the home. A good tip for an improvement in the exterior spaces of the home is also to consider the neighborhood and only make changes and additions that would blend in.

– Helping a home improve its energy efficiency is also a great idea for a householder, because not only does it cut down on the electricity and gas bills, it is a great thing to do for the environment. Improvement in the insulation of the home can be a long-term blessing. Investing on a home so that it at least partially harvests solar energy could be another way of improving the home for posterity.

It is obvious that home improvement projects should not be carried out on a whim. It is essential to evaluate why a specific home improvement project is required, and what would be gained from the investment. While home improvements that involve repair increase the comfort in the home and its longevity and are therefore essential, all other sorts of home improvement need to be carefully evaluated before embarking on them.

There are several different reasons improvements are done and you will find that they are very time consuming. They are however usually worth the energy and time that you put in to them and you are bound to appreciate the outcome. An improvements is basically altering and changing the home.

The exterior and interior of a home can undergo improvements. Enhancing the beauty and value of a home is just one reason for improvements, they can also be done to repair any damages. Adding more space and making the home safer is anther reason for home improvements.

Some of the types of improvements done to make your home prettier is interior design type projects. This projects include painting and wallpapering the walls or ceilings, adding new flooring, or upgrading and adding doors and widows. You can add beauty and style to your home by doing these improvements. Improvements can often be as little as changing a blown light bulb or even as big as rebuilding the home after a disaster.

Home improvement prices can change drastically. A common improvement that is done is changing the kitchen or bathrooms of a home. Some homes may not have the cabinet space they need therefore extra cabinets need to be added. Some improvements involved upgrading to elegant fixtures in the bathrooms or kitchen. You can find gorgeous fixtures very affordable.

When doing improvements to repair damages these can include electrical fixes or upgrades, plumbing repairs, or roof replacement. Of course these are not the only things people have to repair around their homes. Repairs often need to be made around the home at any given time.

The safety of the home has become an improvement that most people are doing by adding security systems. Cameras or security systems are improvements that will keep your family and your home safe. This is a great improvement to make to any home.

Adding extra rooms and closets is another home improvement that is quite popular. People add room for different reasons some of which are for more bedrooms, an office, or to add another bathroom. These improvements will also raise your homes value. These are very expensive and time consuming improvements but are generally worth it. Whatever home improvement you do, you will be happy with these improvements in the end.

Reasons for A Redo

Home improvement projects often begin with someone saying, “Wouldn’t it be nice if… ?” usually followed by a wish for a remodelled kitchen or a room addition for space to accommodate every family member’s needs. More often than not, reality and dreams don’t coincide, due to limited funds for realizing the dream, or limits on the available space. The trick: turning your dreams into reality. Begin with a realistic evaluation of your needs. Homeowners usually consider home improvements for one of the following reasons.

You may feel the need to update something that is out-of-date. If your kitchen colour scheme was perfect a few decades ago but no longer works, now may a good time to update it.

Some home improvement projects grow out of an immediate need to replace broken or inefficient fixtures. If a sink, tub, or toilet needs to be replaced, consider taking advantage of the opportunity to do a makeover on the entire bathroom.

If you’re preparing to sell your home, you’ll want to be sure to get top dollar from the sale. That’s great motivation for some home improvement projects.

You have decided that staying put and improving your home is a better option than moving.

Your family has grown and you need more space.

Improving to Move? or Improving to Stay?

Evaluate your plans carefully if you’re improving your home to list it for sale. Cutting corners may hurt your prospects rather than helping them. But don’t go overboard either. Potential buyers may prefer not to pay for some of the extras, such as a hot tub or pool. You’re better off keeping the changes simple.

And remember that buyers who view your home may not share your tastes and may not appreciate the care you took to find just the right shade of green paint for the walls.

You’ll find that improving to sell is easier if you can think about it from the prospective buyer’s point of view: What is important to the home buyer? Here are a few remodelling projects buyers are likely to find valuable:

Adding or remodelling a bath

Improving the kitchen

Adding a new room

Landscaping

Adding a bedroom

Adding or enclosing a garage.

If you’re remodelling because you want to stay in your home, you should still avoid over-improving it. You’ll probably want to sell it someday, and even if your house is the best on the block, it may be difficult to convince potential buyers to pay for the things you considered important. And when you consider making improvements, keep in mind the value of other homes in the area. Your home’s value should not be more than 20% above the average, which means that a $10,000 kitchen improvement project well could be a better investment than a $10,000 hot tub, especially if yours will be the only home in the area with a hot tub.

Home Maintenance versus Home Improvements

It’s unfortunate that some home improvement projects are undertaken because something has broken. Replacing a leaky bathtub may be the first step to a major bath remodeling: since the tub has to be replaced anyway, why not do the whole room?

While that might be a legitimate reason to remodel, avoid basing your home improvement projects on immediate needs. You’ll be better off if you minimize problems with proper maintenance. Examine every part of your home at least once a year. Check the roof, the plumbing, electrical wiring, etc. As soon as become aware of a problem, fix it. Making repairs when you’re first aware of them will help you avoid larger expenses later on. Keep in mind that maintenance does not add to the value of your home. Usually repairs are not improvements; they are necessities.

Hiring Professionals May Save You Time and Money

It should go without saying that home projects can be expensive, so you may be tempted to tackle them yourself as a way to save money. That may be a smart move for small projects. You won’t have to wait for someone to fit your house into their busy schedule, and you can boast about having done the work yourself.

But unless you’re very versatile, major home improvements are better left to professionals. If you decide to remodel the kitchen and plan to do the work yourself, will you be able to handle the plumbing, electrical, and carpentry work on your own?. And don’t forget that you’ll need to finish it quickly, because you won’t have a kitchen as long as it’s a “work in process” and eating three meals a day in restaurants could get expensive. Keep in mind, do-it-yourself jobs generally take more time. And you’ll be responsible for getting all the necessary permits and inspections.

Hiring people who have the required experience can save you money and time, too. For example, these professionals can help you get a custom look using stock products, and that can be a significant savings. Getting something done right the first time will give you value that lasts for years.

To find qualified and dependable home improvement specialists, check with friends, business associates, and neighbours for recommendations. Always get at least three references, and check them out thoroughly. Also check with the local chapter of the Better Business Bureau or Chamber of Commerce. Their numbers can be found in the community services section of your telephone book.

Once you’ve located the necessary home improvement specialists, make sure everyone is in agreement about the design, the schedule, and the budget, and get the details down in writing in a signed contract.

It’s also wise to check on professional certifications and licenses, where required, and be certain that the contractors you hire are fully insured and bonded. Your town or city Building Department can provide that information. And it’s very important that you make sure contractors carry workers’ compensation insurance: if workers are injured on the job, you won’t be liable if the contractor is covered. Request copies of their insurance certificates. And make sure that either you or your contractor have gotten any necessary permits before the work begins. Contact your local Planning and Zoning Commission for information.

Here’s a quick overview of some of the professionals you may need to work with when you remodel your home:

Architect: Architects design homes or additions from the foundation to the roof. If your project will require structural changes such as adding or removing walls, or if the design is complex, you will probably need an architect. Since architects may charge an hourly or a flat fee, make sure you get an estimate of the total cost: drawing up the plans for a major remodeling project can take 80 hours or more.

Contractor: The contractor oversees the home improvement project, including hiring and supervising workers, getting the necessary permits, making sure inspections are done as needed, and providing insurance for work crews. It’s always a good idea to get proposals from one or more reputable contractors, based on the specific details of your project.

Be sure each contractor bids on exactly the same plan so that you can compare their bids more easily. When you’ve chosen a contractor, make sure the contract specifies that you will pay in stages. You’ll usually pay one third when the contract is signed so that the contractor can buy supplies. The number and timing for making the remaining payments will depend on the size of the project. Do not make the final payment until all the work is successfully completed, inspected, and approved.

The real estate industry is one of the largest in the United States, employing millions of people in a wide variety of jobs. Of course, there are real estate agents – brokers and salespeople whose job it is to bring buyers and sellers together. But there are many others involved as well: lawyers, appraisers and inspectors, for example. There are also developers, architects and builders, lending, institutions and mortgage brokers. Even real estate agents have begun to specialize, creating new niches in the profession: transactional brokers and buyer’s brokers.

The real estate industry helps individuals and companies buy, sell, lease, manage, and evaluate property. Often people have the idea that real estate agents are concerned only with buying and selling homes and condominiums. And they are right at least up to a point. Real estate agents help others buy and sell residential, agricultural, commercial, and industrial properties; lease and manage office buildings, shopping centers, and apartment buildings; oversee real estate on behalf of banks, pension funds, and publicly traded real estate companies; and evaluate properties for individuals, banks, and insurance companies

Real estate agents come into two flavors: those you can work with and those you cannot. You are looking for an agent you can work with – someone with whom you can establish good chemistry and who will bring you a steady stream of properties to inspect and make offers on.

Real estate agents play a fundamental part in the use and exchange of one of this country’s most important resources – real property. The real estate industry offers a wide variety of opportunities to men and women of all ages and backgrounds. Real estate brokers and sales agents must be licensed by the government in which they work.

Perhaps no single factor has had a more significant change on the real estate industry than computerization and the use of the internet to transfer information. Developers and builders of real estate can transfer building structures and tenders via the web to save time and money in the construction process. Real estate agents now can access home listings from an internet service on their laptops or even on their personal digital assistances, and then e-mail housing information to clients.

Real estate franchising is determines with few industries accounting for most of the market. Franchises provide smaller real estate brokers with many of the same advantaged enjoyed by national and regional firms. Franchises are talented to manage to pay for larger nationwide publicity budgets so that their name becomes well identified. Franchises put forward members training in management and sales techniques that can help them run their companies better. Many franchises also buy supplies such as contracts in quantity and pass the savings along to their members. Franchises have helped many smaller brokers who might otherwise have been unable to compete with large local firms. But the rapid growth of franchises has also resulted in many franchises taking as members firms that are fruitless and troubling their successful members with these not very competent coworkers.

If you aren’t a part of any of the two above mentioned industries, wake up and smell the coffee. Both are high powered industries with robust forces driving them skilfully. With the United States alone having 6 million new citizens every single year, the demand for real estate is indispensable and soaring. Similarly home based businesses are equally popular on account of the acute flexibility, versatility and expedience they offer. Top that with a low-investment and big rewards and you have an impeccable business model that flourishes over a period of time.

Compared to the home business industry the real estate industry requires a larger start-up capital depending on how strong you want to build your business. There are operational and administrative costs in addition other high overheads to contend with and a volatile market that is constantly at the mercy of fluctuating trends. A home business on the other hand can be started with minimum investment and can function with negligible overheads as there isn’t an office rent or high electricity, transport or telephone bills involved. No expensive equipments are required (depending on the venture again) in a home business in contrast to the stockpile of photocopy, fax and other mechanisms required by a real estate enterprise.

The real estate industry is no doubt a high turnover industry that has absolute potential to reap rich profits for its investors. However, the recent economic global slowdown has given little opportunity for construction activity or selling and purchasing of high-end real estate in the past few months. The real estate industry has being lying low for sometime in comparison to the hyperactive home business industry that is devising new and inventive ways to stay afloat in a plunging economy. Home businesses have become the buzz word, with people from varied backgrounds rapidly donning the entrepreneurial mantle.

This is not to say that the real estate industry has been shoved to the back burner – Au contraire – real estate dealers who are smart enough have spotted the opportunity to take advantage of a slow moving market to satiate demands that are rising each day. Due to a liquidity crisis most construction ventures have come to a halt. The stunted cash flow is one of the prime reasons for this phenomenon. Therefore you have a situation where the inventory is dipping and an impending demand is building up. This spells a latent real estate industry energy that is waiting to explode making both the real estate industry and the online business good options to invest in.

The real estate industry is the 2nd largest employer in India. Agriculture is the largest employer. This industry contributes 6.3% to India’s GDP. The value of this industry is currently estimated at USD 67 billion. The figure is estimated to touch USD 180 billion by 2020. Foreign Direct Investment (FDI) in this sector is expected to grow to USD 24 billion in the next 10 years from the current USD 4 billion. The real estate market of India is one of the fastest growing real estate markets in the world. The growing income has enabled the Indian middle class to take up real estate as an investment class. This has fueled a tremendous growth in demand. The sector creates 7.6 million jobs. This figure is expected to grow to 17 million by 2025.

There are four sub-sectors of the Indian real estate industry – housing, retail, commercial and hospitality. The housing industry has seen great demand over the last decade. It has been a market which has seen shortfall in supply consistently. However, that is changing now. The hot markets of Gurgaon and Noida in NCR, Mumbai, Bangalore, Hyderabad, Chennai, Pune, Indore and some other places are kind of stagnating. Prices are not appreciating as they have reached almost tipping point. The rent yield of Indian real estate is at 2.7% compared to 4.7% in US and 4.5% in Japan. This shows that the Indian real estate was overvalued. Now the market is moving away from being speculative and prices are getting more real.

The retail and commercial space demand is originating mostly from metro cities in India. It is expected to see an upward trend albeit in single digits. The business in this space seems to be taking a shift from sales to lease and maintenance. The prime office space segment across the country’s key cities – Mumbai, Delhi and NCR, Pune and Bangalore has seen a fresh supply infusion. In the first six months of 2013, 20 million square feet of office space has been added witnessing a year on year growth of 16%. Hospitality market comprises hotels, service apartments and convention centers. Delhi NCR and Mumbai remain the biggest hospitality markets in India. The hospitality sector is gaining from the increase in tourism. This increase is triggered both by foreign and domestic tourists. Niche areas like medical tourism in India are also gaining in global popularity. The developing and international quality medical facilities in India are enabling this sector.

The real estate industry is harder and more challenging than ever before. In this article I am going to share with you a simple concept that has helped push me through the most challenging times I have ever seen in the real estate industry. I wanted to share this idea with you in case you were thinking about giving up and changing careers.

Why are you in this industry?
Many people decided on being a realtor because they thought it would be an opportunity to control their time, have their own business and earn a great living. Although all that is true if you are disciplined I want to invite you to think a little deeper on the topic. The clearer you can be about why you do what you do the more likely you will be to succeed.

A couple questions you can ask yourself to help define your purpose and get better results in the real estate industry.

What are 3 unique qualities that make you an excellent realtor? Asking that question has helped me realize the value I bring to the table and the importance of my work. Its helped build my confidence, understand and leverage my strengths while I work on my weaknesses.

What are the 3 biggest benefits you get in your life when you have a successful month and lots of real estate closings?

Why are those things important to you? Who else gets benefits from those results? This helps me bring to the front of my mind what my big WHY is for staying in this business.

Doing your job well and getting more real estate clients doesn’t just affect your life, your family’s life, or your team. There are also circumstances where people hire realtors that are not making that much money and are making poor decisions that could effect your potential clients in a negative way.

What could happen if someone that should use you as their realtor uses a realtor that doesn’t keep their best interest at heart? How else could that effect their life?

I think about this a lot because it inspires me to really get aggressive and It makes me feel like I am on a deeper mission when prospecting for clients. I think the people I work with can feel that I have a strong intention for their well being also…helping me build trust and attract more clients in the long run through referrals.

Though we have experienced drastic economic issues in last year, still Kerala is a paradise for real estate agents. Kerala is a beautiful greenish state situated in southern part of India. Till now we can see the flow of money from other sources to real estate industry. Investing money in land and properties is benefited not only as an asset but also as a deposit for future. Comparing to other investing methods, real estate seems to be more rigid and free from high fluctuations in exchange rate. Economic specialists recommend youngsters to invest their money in solid assets like land, house,buildings etc compared to investing money in share markets. If you are not ready to participate in high risk business like share and equity markets, the best choice is real-estate business.

In India one of the major destination for real estate companies is kerala right after major metro cities. It is because of some of the following reasons.

* Growth of tourism in Kerala

* Flow of NRI (Non-Resident Indian)money to this state

* Growth of IT and IT related services in Kerala

* High human density

Kerala is one of the top rated tourist hub in International tourism map. If we compare the over all foreign visitors who came to India, Kerala enjoys the major share of it. Warm and pleasant climate, hill stations, beaches and back waters of Kerala attract visitors and the number of them increases per year. So investing money in acquiring properties in tourist places in Kerala is a new trend we can see.

Another reason for the sudden growth of real-estate in Kerala is the huge flow of NRL income. Kerala is the highly literate state in India and most of the youth is employed in United States, European couturiers and in Middle East. The money send by them is mainly used to purchase land and buildings. This phenomenon is one of the major backbone of real-estate industry in Kerala.

After tourism and NRI income, IT is the next major source of income in Kerala. In recent years Government of Kerala is promoting IT industries in Kerala and many new companies started their operation in Kerala. Introduction of major IT cities encourage the investment of money in acquiring lands near them.