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A home is more than just a place to hang your hat. It is also an investment. When real estate is purchased, the intention (and hope) is that the value of the home will increase over time. This will often be the result of external factors. For example, if the population grows and exceeds the availability of housing, the equity of a home will increase. But, this is the passive factor. The homeowner has no control over this type of situation. There are, however, many ways a homeowner can increase the equity of a property. The most common is through a home improvement strategy.