Buying a house is so rewarding turning it into a home you will love for years. Anyone making their own improvements to their new investment should feel good about all that hard work. You’ve already gained equity in your home through your down payment and payments on your principal. There’s more that you can do to increase the equity even more. The labor involved in making additions or taking on home improvement projects will also increase the value in your home, thereby, increasing the equity in your home. Whether you are the one sweating or you hire someone to sweat for you these contributions to your home make a difference in the return on your investment.
A few simple, relatively inexpensive improvements can make a big difference. Love living in it AND make money while you’re at it.
Sweat Equity Projects to Consider for Your Home:
- Transform your home into a smart home
- Add a fire pit or outdoor grilling / kitchen area
- Update backsplash and tile in kitchens and bathrooms
- Refresh the house painting trim, doors, and walls
- Add curb appeal
- Refinish and stain hardwood floors
- Install crown molding
Use the equity you already have to add more value to your home. These funds could also be used for college tuition or a business. Contact us to find out what is involved and if you qualify.