The IRS Says the average tax refund this year will be around $3000. That doesn’t go far if you splurge on the newest iPhone or take a family vacation. But if you’re a homeowner, putting your cash refund in to your house may be a smarter choice. Even minor improvements can increase your home’s value to future buyers, and in the meantime, they’ll improve the quality of your life.
Here are a few ideas for home improvements in several price ranges.
Replace cabinet hardware. Changing knobs or handles is simple but can give the whole room a fresh look.
Seal the driveway. You’ll reduce unsightly cracks and slow deterioration of the concrete or asphalt.
Get the Air Conditioner serviced. Especially here in Florida this is extremely important. Regular cleaning may add 10 years to the life of your system.
Add a tile back splash. A tile back splash can give new life to the kitchen for a fraction of the cost of a kitchen renovation.
Refresh interior paint. New paint in living space brightens the whole house. Plus doing it yourself saves even more money. Want a fresh update? Go with a light gray or griege color to get the model home look.
Insulate the attic. Buyers love energy efficiency, and you’ll love lower utility bills.
Get a new front door. A number of studies over the past few years have stated that replacing the front door is the best return on investment for money spent, in terms of it equating to dollar for dollar value increase on your home. Experts recommend fiberglass doors that don’t swell or contract with the weather.
Replace inefficient appliances such as the water heater, refrigerator or dishwasher. If they are older they can be energy vampires.
Tile the bathroom floor. Heavy foot traffic leaves flooring dingy. Opt for bright, easy-to-clean tile instead. Or look into the new wood-look vinyl. Yes, vinyl is making a come-back, and a lot of it is indistinguishable from real wood just by looking.
Install new kitchen countertops. Almost all buyers want granite, quartz and other solid surfaces. In fact, most homeowners want them too. Don’t you?
Replace the garage door. A new garage door recoups around 98% of its cost in improved home value, according to Remodeling’s 2018 Cost vs. Value report.
Enhance your landscaping. Stone pavers, a fire pit or exterior lighting boost curb appeal and functionality. If you decide to go with plants or flowers, pick perenniels so they bloom year after year.
Of course, if you’re considering a home project that may involve a tradesperson, don’t hesitate to contact me. I might be able to connect you with someone reputable. And if you have a friend who is making updates to their home because they are planning on selling in the coming months, be sure to introduce me to them. I’d love to help them get top dollar for their home! Who do you know that I should know?
Contact me today!
Tips above from an article published, Copyright © 2018, USATODAY.com, USA TODAY, Beth Buczynski.