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March 10, 2015
It’s that time of year – time to tackle that list of home improvement projects, big or small. From simply painting the living room to constructing a new bathroom, home improvement projects can change the way you look at your home. The right home improvements can also increase your home’s value.
HGTV’s top five home improvement projects that increase your home value:
- Minor Bathroom Remodel
- Minor Kitchen Remodel
- Exterior Improvements
- Attic Bedroom Conversion
When considering home improvement projects, remember to invest wisely and don’t go overboard. You don’t want to bring your home’s value significantly over the value of other homes in your neighborhood.
When you’re ready to get started, here are just a few home improvement resources:
- HomeRenovationEstimate.com – Determine your project’s budget by using the estimate calculators.
- HomeAdvisor.com – Home Advisor features pre-screened service professionals and resources for home improvement projects.
- Houzz.com – Houzz features interior and exterior home photos, product recommendations, and articles written by home design experts. Tip: try their mobile app!
- Pinterest.com – Pinterest is a great way to organize ideas and projects by pinning photos and ideas to your “board.”
1st United Credit Union may be able to offer you the financing for what’s on your fix-it list. A home equity loan or line of credit is a great way to use the equity you’ve already built to reinvest in your property. Home equity loans typically have much lower interest rates than credit cards and in the interest you pay may be tax deductible. Consult your tax professional regarding deductibility of interest.
For more information about our home equity loans or lines of credit, visit us online or call us at (800) 649-0193.
Good luck on your home improvement project!