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New Year, New Home: Ways to Improve Your Home in 2010

Along with champagne toasts and New Year’s kisses, the New Year brings fresh resolutions for your biggest investment. Make 2010 the time to enhance your living space in ways that increase its desirability next year. It may also be a moment to get more for less, as contractors, designers and remodelers are offering discounted services because of the present economic environment.

Read on to learn about the most important home resolutions you should make this year.

“Homeowners should set goals that constantly improve their home, not only to customize, but to enhance the property’s value and appeal,” said Fran Broude, president and COO of Coldwell Banker Residential Brokerage. “The results are tangible and can help create points of differentiation when you put your home on the market.”

Here are some tips for improving your home in 2010:

Do an annual physical. The chilly weather, which keeps us indoors, creates a fine opportunity to give your home a physical. Get the heating system serviced, check visible water pipes for cracks or leaks and have appliances inspected. By making yearly maintenance investments such as these, you’ll avoid larger, more expensive repairs down the line.

Set goals. When creating resolutions for yourself and your home, establish detailed and attainable goals. Instead of saying you’ll fix up the entire house, prioritize specific projects and budgets for each.

Get organized. From mortgage payments to home improvement project receipts, create a file to document all the improvements you’ve made. This process will help keep your finances in check and provide a sequential paper trail for home buyers.

Brighten it up. Many homeowners and buyers are looking to create a headquarters for spending quality time with friends and family. Does your home offer that inviting space? If not, it may be time to rethink your cozy kitchen, refresh your living room or update that drab guest bedroom.

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