Wednesday, May 14, 2014

Home Improvement Projects That Will Pay Off


As the weather heats up, many homeowners get the itch to tackle that project that they just couldn't do in below freezing temps.  But how do you know which projects are a worthwhile investment?  Here are three areas that done wisely will improve the value of your home and pay themselves off.
  • Kitchen/Bath – Perhaps the first two areas that potential buyers look at in a house, making some tweaks to these high use rooms can make a big difference.  Even if the difference is as small as refinishing the cabinets or a new floor, the overall impression of the room will go up instantly.  While these can be larger projects to tackle, the moderate kitchen remodel (under 15,000) has more than 100% return value according to HGTV!
  • Curb Appeal – New siding or a new roof may not be in the forecast for everyone, but if you are thinking of selling, improving the curb appeal of your home can make a big difference.  Being able to list new siding or a new roof on your house’s listing will go a long way in the eyes of buyers.  Even just planting a few flowers and a new layer of mulch can make a huge difference in your house’s curb appeal.
  • The Small Things – While in comparison to a new roof, a programmable thermostat may seem small, the value it holds can really pay off.  The extra bells and whistles that features like programmable thermostats, extra insulation, or energy efficient features can make will help in both overall value and keeping your energy costs down.
If any of these projects strike a cord with you, but you are wondering how you would finance a larger project, don’t forget about an Honor Home Equity Loan to get your project up and running!

What other projects are you tackling this summer? Follow Honor Credit Union on twitter @honorcu and let us know using #askhonorcu!


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