Home improvement projects have the potential to make or break your wallet, your investment and your resale value. This article will give you lots of great advice on how you can protect the investment you’ve made, get the best bang for your buck and not go broke in the process.

If you have high electric bills each month, consider installing solar panels on your roof. While they may be expensive and labor intensive in the short run, in the long term you’ll cut down on your electric bill and contribute to helping the Earth through utilizing greener energy sources. There are also tax credits for those who install solar panels.

When renovating a kitchen or bathroom, avoid using linoleum. The foremost reason for this is that linoleum has dropped out of vogue and can make your new renovation seem dated. Tile has a much better appearance, can be used in any situation where you might choose linoleum, and can even have radiant heat grids installed underneath for the extra touch of heated floors.

One way to lower your electric bill is to install a motion sensor on your outdoor lights. This way, the bright spotlights only come on when someone is outside and needs the light and then, turn off when not needed, saving on energy. Also, motion-detector outdoor lights can act as a deterrent against theft.

Sometimes a small room can seem very gloomy, but it doesn’t need to be that way. Look for ways to make the room appear lighter and more airy. Open the curtains and clean the windows until they gleam! Rooms appear much larger and more open with good natural lighting. Keep your room clutter free and paint the walls with pale colors. Suddenly, your small room will seem to expand.

When choosing a contractor, make sure to interview them and check references. There are few things more painful than a home improvement project gone wrong. At best you’ll have to live in a house that makes you unhappy and at worse you could find yourself without a place that’s safe to live in. Perform your due diligence upfront in making your choice so that you won’t be surprised at the results at the end.

When it comes to home improvement, it is important to know which types of improvements will add to the value of your home and which will not. This will be important when it does come time to sell your house. Such general maintenance such as sealing the driveway and replacing the roof will not add to the value, however, an additional bathroom or a patio may.

Make your home feel like a home by adding a doormat. A lot of people tend to overlook the addition of a doormat in front of a door. It not only serves a purpose of making a home feel complete, but also serves to keep your floors clean. Putting out a doormat where people can wipe their feet will cut down the amount of time you spend cleaning your floors.

As you can see, there is a lot involved in even the most simple of home improvement projects. But, if you follow this advice and use it to make really wise investment decisions, you should have no problem choosing the best projects and the best money saving ideas for your home.