Spring is the season of newness when everything is blooming and feels fresh. While spring cleaning can be a great way to revive your home, sometimes renovations are in order. If you’ve been putting off your home renovations for one reason or another, here are a few reasons you should make 2019 the year for home renovations.
Add Value By Updating
When purchasing a home, buyers tend to look for modern features such as updated flooring and new appliances. By renovating your home now, you will increase the overall value of your home down the road when you are ready to sell. One of the quickest and simplest renovations you can do to update the interior is a fresh coat of paint on the walls; when it comes to the exterior, a new deck and upgraded landscaping is the way to go.
Lower Monthly Expenses
If the home renovations you’re considering include upgrading appliances or windows, you may notice lower monthly utility bills. The majority of new appliances are more energy-efficient and will provide you with a higher rate of return in the long run – this can be anything from a new refrigerator to solar panels. Windows can also contribute to the overall efficiency of your home by decreasing heating/cooling loss due to air leaks.
Increase Your Enjoyment
Generally speaking, the longer you put off home renovations, the more dissatisfied you’re likely to become with your home. By working to create the dream home you’ve always wanted through renovations and updates, you’ll enjoy spending more time in your home. You might be surprised how new flooring or a new roof will make you fall in love with your home all over again.
There’s one area of home renovations, though, that causes a majority of people to continuously put off starting (or finishing) a project – money. If you’re finding that finances are getting in the way of your home renovation project, get in touch with Encompass Credit Union. Depending on your situation, it may be as simple as a short term loan for smaller projects or as large as restructuring your mortgage for a grand remodel. Our team of advisors is well-equipped to find the right financing option for your renovations so you can stop putting them off and start enjoying your home again. Contact us to make an appointment today.