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For many of us, our home represents our greatest financial asset. Although many people believe that home repair is something that only trained professionals are capable of doing, that is often far from the case. Many home repair jobs can easily be done by the average person, with just a little guidance.

Patch the holes in your walls with toothpaste! Yes, this is definitely a temporary cover up but it works to hide an ugly hole until you can come up with the materials for a more permanent fix. Use white toothpaste and trowel it into the hole with a butter knife.

A great home improvement project that will add value to your home is to add a water filtration system. This is usually a very easy home improvement project that can be done in just a couple of hours. There are units that can be installed under the kitchen sink that will filter your sink water.

Focus on exterior lighting for your next home improvement project. Installing an outdoor motion detector is a good choice; the sensor will ensure that the light only comes on when you need it to. Not only does this save you money on energy bills, but the motion detector is also a good security feature. It alerts you if anyone is walking around your property.

When painting, remember that you need to cover up all your surfaces with cloth or plastic. Even skilled painters will drip and drop paint all over the place when painting a wall or ceiling. This is one of those areas where the adage "better safe than sorry" really pays off. It's a pain to get paint out of those sofa cushions.

To increase the safety and value of your home deck or patio, you can add metal or wooden railing to the edges or even an ornamental gate leading into the yard. Railing can also enhance the appearance of your outdoor living area by serving as a place to attach decorative lighting or gardening containers.

If you need to patch some small cracks in your roof, a roll of three inch wide aluminum tape can take care of the job. Separate the paper backing and apply the sticky tape to a clean surface. It will create a waterproof surface over those cracks.

If you have wood or faux-wood paneling in your home, consider refinishing it rather than getting rid of it in a renovation. Removing the old paneling requires having it hauled away, while new wall covering must be brought in. Wood paneling can be easily sanded down and the voids filled in with drywall compound.

Maybe the house or apartment you're living in is great, but the view to the outside is not. If you have any offending sights that you wish to conceal, consider putting some plants or flowers on your window sill or in a window box. If you would like to take drastic measures in concealing your offending view, plant some shrubs or large trees in front of your window. This can ensure that you have a nicer view.

Make sure to dust your home accessories at least once a week. A lot of dust and dust bunnies can accumulate over the course of a few days providing a way for allergens to get in the way of your life. Cleaning your accessories not only guarantees that you are rid of the dust and dirt, it also helps check for uninvited guests such as spiders, ants or fleas.

Remodel your kitchen if it has ugly or outdated appliances and cabinetry. Kitchens are a significant portion of the value of a home. By remodeling your kitchen, you can greatly increase the value of your home. Install stainless steel appliances, replace cabinet doors and put in a tile or glass backsplash.

Instead of investing in all new furniture, you may consider having your current furniture repaired and reupholstered by a professional. Many times older furniture is higher quality and with some affordable repairs and refurbishing you will have better furniture for less money than when you invest in low-price new furniture.

An easy, quick way to update your house with some home improvements is to start with your cabinet hardware. Whether you choose to update your bathroom or kitchen, changing the cupboard knobs, drawer pulls, and hinges can instantly change the look of the whole room.

If you're planning home improvements to create an income property, don't skimp on drywall. It can help both sound proof your rental unit as well as create a fire barrier between floors. Drywall the ceiling to include protection on all sides, both dampening the sound of people walking above and noise from below.

Your home is one of your most valuable financial assets, and it is the place where you spend a majority of your time. So the next time you spot something that could use a little maintenance, you owe it to yourself, and to your wallet, to try your hand at fixing up your home!