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Renovating on a Budget? Check Out These Equity-boosting Inexpensive Home Upgrades

March 28, 2017 by Kay Monigold

Renovating on a Budget? Check Out These Equity-boosting Inexpensive Home UpgradesThe idea of embarking on home renovations may strike many homeowners as an expensive one, but there are plenty of ways that you can easily upgrade your home without spending a lot of money. If you’re looking for improvements that will truly (and frugally) improve the value of your home, here are a few do-it-yourself options you may want to consider.

Change The Lighting

There are few small fixes that will improve the look of your home like lighting, so one of the best things you can do for the overall look of your house is change out some of your bulbs. Instead of going for a light that will look dingy or orange, choose a tone that’s not too bright but will still illuminate your rooms and highlight their best features naturally. Much like a coat of paint, the right light can change everything about the way a visitor will view your home.

Consider A Cabinet Makeover

One of the most outdated features in a kitchen is the kitchen cabinets, and it’s also one of the first things that a potential homebuyer will notice when they enter the room. Fortunately, installing new cabinets doesn’t have to be a huge job that involves a lot of time. Instead of getting a floor-to-ceiling makeover and a construction crew, consider upgrading the doors and hinges or picking a new color for a difference that will instantly improve the room.

Pull Out The Paint Brush

Painting may be one of the least popular household tasks because it takes so much time, but outside of lighting, few things will improve the look of your home like a new coat of paint. While it’s important to ensure that you stick with a relatively neutral shade so that it doesn’t overwhelm the viewer, it will easily upgrade the look of your home and hide any unsightly damage to the wall. It’s also a good idea to remember the front door since it’s the first thing homebuyers will notice!

The word ‘renovation’ often makes people see dollar signs, but it doesn’t have to cost an arm and a leg to upgrade your home. By adding a new coat of paint or upgrading the lighting, you’ll be well on your way to a more modern look.

Filed Under: Around The Home Tagged With: Around The Home, Homeowner Tips, Upgrades and Renovations

Predicting a Hefty Tax Refund This Spring? 3 Reasons You Should Use It for Home Renovations

March 14, 2017 by Kay Monigold

Predicting a Hefty Tax Refund This Spring? 3 Reasons You Should Use It for Home RenovationsThere’s a burden that comes along with having to do your taxes every spring, but it can actually be a great benefit if you’re getting a sizeable refund this year. While many people like the idea of going on a trip or spending the extra funds, here’s why you may want to consider investing it back into your home for a profit you’ll be able to see!

It’s Free Money

Many people will argue that your tax refund is money that’s already owed to you and is part of your income, but it still tends to feel like a bonus since most don’t work their taxes into their budget. While you may have your eye on something you’ve really wanted to buy of late, you may want to consider investing it into your home instead. This can be a simple way of reaping the benefits of a renovation without having to move money around in your monthly budget.

Bumping Up Your Home’s Value

Renovations often come with a very high price tag, but you can see the benefits of renovating by using just a portion of your tax return. Instead of spending the whole amount on renovations that will not increase your home’s value, consider things like an appliance upgrade, a new paint job or resurfacing your kitchen cabinets for changes that will financially benefit you down the road. You may also want to invest in some energy efficient fixes as these will likely draw in the environmentally friendly buyer.

Spring Is Selling Time

Many people put off renovations due to the cost involved, but spring is the optimal time to put your home on the market, which means a sizeable return can instantly benefit you. Instead of weighing your options and waiting until the busy real estate season is over, invest in some relatively quick fixes that will upgrade the look of your home. By getting these things done before the spring is over, you may have a much better chance at selling success at the price you’re looking for.

There are very few people that look forward to tax time, but getting a sizeable return can be a good reason to do some renovations and put your home on the market for the spring.

Filed Under: Around The Home Tagged With: Around The Home, Homeowner Tips, Upgrades and Renovations

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Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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