No. 1: Add a new coat of paint

The easiest way to improve your home's value is with an updated coat of paint. Paint will instantly brighten a room and it will seemingly wipe away the dirt and grime that has collected on the walls over the years.

Worried about picking a color? Think of what you want your room to look like, and create an inspiration file after flipping through magazines or surfing online. Experts at your local paint store can help you pick the right color.

Make sure you prep on the front end to save time and headaches on the back end. Tinted primer will save time on the number of coats it will take to put on the walls. Buy painter's tape to save on your trim and always paint over a drop cloth. If accidents do happen -- and they will -- have a wet rag ready and wipe up the paint right away.

Take before-and-after photos because even you will be amazed at what a huge transformations can happen by doing simple updates.