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Planning Home Improvements for 2011

For many homeowners, home improvements just happen. They happen when something breaks, when guests are coming and the worn carpet is embarrassing, or perhaps when you just want to freshen your home and your attitude with a new coat of paint.

To make the best use of your money and the wisest investments for your home, why not become more intentional about home improvements in 2011?

The Equifax Personal Finance Blog is your first stop for making your plans.

Real estate expert Ilyce Glink recently posted an article entitled, “

How to Plan for Next Year’s Home Improvement Projects.” Her first recommendation is to make a wish list of the projects you would like to complete in 2011, then prioritize them according to what you would most like to do.

Unfortunately, you don’t just make a wish list and start working. You’ve got to consider costs, too. Glink recommends estimating the amount of money you’ll have available for home improvement projects in 2011, then developing a budget for each of the items on your list. She points out that many projects can be scaled back if money is tight. (Continued…)

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