Invest in Your Home with Your Tax Refund!

 

Now that tax season has come and gone and if you were lucky Uncle Sam is dropping a refund check in your mailbox. Now comes the debate of what to do with that check. Do you pay off some bills, take a vacation, or save it for a rainy day? What about investing in your property?

 

As a rule of thumb remember that would-be-buyers will almost always overestimate the cost of a kitchen remodel. They may walk into an outdated kitchen and assume it will take $40,000 or more to redo when it may take less than $20,000. According to remodeling.hw.net a minor kitchen remodel of around $20,000 can lead to an 83% return on investment when added to the value of the house.

 

When you say remodel to a homeowner they tend to stress and twitch at the idea. However, simple and easy tasks are considered remodeling. Something as simple as a new garage door or a new front door are considered remodeled upgrades adding value to your home and can have a fantastic return on your investment.

 

A new paint job is a fantastic and commonly overlooked way to add value to your home. Inside or out or even both. By just painting a room you make it look newer which adds value. Even adding an accent wall can add some perceived value to the would-be-buyers.

 

Whether it’s for your own living space or you’re looking to sell, investing in your home is a good idea.