According to Karen Thompson, a design specialist at Home Depot, the number one project homeowners can do to increase the value of their property is to add a fresh coat of exterior and interior paint.
"If you want to give your home an instant face-lift, start with a paint brush or roller.Paint makes everything look fresh and new," said Thompson
Next on the list, Thompson
says that new flooring can have a tremendous impact on the look and feel of your home.Whether you choose carpet, tile or hardwoods, flooring like paint is the foundation which all of your decor builds upon.
For homeowners interested in raising their property values and improving the functionality of their home, Thompson
suggests replacing outdated kitchen and bath areas.
"Solid-surface countertops, new cabinetry, stainless steel appliances and ceramic tile flooring improve the function of the kitchen and these upgrades make a home more attractive to potential buyers," Thompson
said."In the master bath, double sink vanities and separate shower and tub areas are popular upgrades that also are good investments."
Founded in 1978, in Atlanta, Georgia, The Home Depot
(NYSE: HD - News) is the world's largest home improvement retailer currently operating 1,429 stores, including 1,288 Home Depot(SM) stores in the United States, 50 EXPO Design Centers(SM), 83 Home Depot
stores in seven Canadian provinces, seven Home Depot stores in Puerto Rico, and eight in Mexico.The company reported net sales for fiscal 2001 of $53.6 billion and employs more than 296,000 people.In February 2002 Home Depot
was ranked 6th in Fortune magazine's Top Ten Most Admired Companies for the second year in a row, and for nine consecutive years, the company has been ranked by Fortune as America's Most Admired Specialty Retailer.The company's stock is publicly traded and is included in the Standard & Poor's 500 Index and the Dow Jones 30 Industrial Index.