Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.
With spring in full gear around most of the country, now's the time of year when it pays to focus on an area of your home you may have neglected these past few months: its exterior. The good news is that many common outdoor projects don't cost a lot of money, nor do they require the help of a professional. Rather, a quick trip to the local hardware store could be your ticket to improving your home and accomplishing a task you'll feel good about. Here are a few projects you may want to tackle in the coming weeks.
1. Paint your fence
A chipped or weather-worn fence can be unattractive, but a fresh coat of paint can bring your fence back to life. You may even want to choose a bolder color to give your exterior a unique look.
2. Pressure-wash your siding
During the winter months, siding can get grungy and stained. Mold can also begin to creep up. The solution? A thorough cleaning. You can generally rent a pressure washer for $25 to $50 a day, depending on the number of hours you think you'll need it and the exact model you choose. Just make sure your vehicle is large enough to transport it back and forth from the store; if it's not, you may need to borrow a pickup truck from a willing friend or neighbor.
3. Sand and stain your deck
If you have a wooden deck, you probably know all too well that over time, its planks can start to splinter, resulting in not just an unsightly appearance but a hazard for anyone venturing barefoot outdoors. That's why now's the time to get your deck in shape. You can rent a sander for roughly the same price as a pressure washer, and then once you've done the sanding part, follow it up with a fresh coat of deck stain.
4. Refresh your landscaping
It's easy to let landscaping fall by the wayside during winter, but you're apt to be outdoors a lot more now that spring has arrived and you'll likely want to enjoy the scenery. You can spruce up your landscaping by planting bushes and flowers, and if you're feeling more adventurous, you can put up a small stone retaining wall in front of or alongside your house for contrast and aesthetic appeal.
5. Re-mulch your trees
Putting in new mulch around your trees can make your property look more attractive. But mulch isn't just about aesthetics; it helps deliver essential nutrients that allow trees to thrive. If you have a large number of trees on your property, you may want to order a bulk mulch delivery rather than lug a few dozen bags home from the hardware store and muck up your car in the process.
You don't want to tackle outdoor projects when it's cold out, nor do you want to slave away in the heat of summer. That's why spring is a great time to address the above items. And the sooner you get started, the sooner you'll be able to enjoy your newly boosted curb appeal. But beware! You may regret these outdoor improvements.
Got $1,000? The 10 Top Investments We’d Make Right Now
Our team of analysts agrees. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month.
Find out how you can get started with Real Estate Winners by clicking here.