No matter the time of year, it’s a good time to think about upgrades you might want to make around the house. What’s on your radar – and how do you plan to accomplish it? A lot of projects, like cleaning up the landscaping or adding some new furniture are fairly easy on your pocketbook. But the big projects that can also add value to your home while they increase your enjoyment of it, aren’t always easy to afford.
Setting aside the large sums of money it would take to pay for these projects – well for most people, it just isn’t always possible. But if the project you want to complete will actually benefit your financial bottom line, financing is an excellent option.
Not only does financing allow you avoid saving up for months or years to afford that large purchase, it allows you to stretch those payments out over a set term, making some upgrades and features you may not have been able to afford more attainable.
What projects can add home value?
It’s common knowledge that master bath and kitchen remodels offer a good return on your investment. But if you want to do something that will add value to your home while also bringing you and your family years of enjoyment – the home improvement “sweet spot” – consider adding a hot tub or swim spa to your home.
What are my financing options?
There are a variety of financing options available today, and there’s likely one that will meet your needs and your budget. A good game plan is to compare your options – loans vs. credit cards, for example, looking at the terms and rates, to make the decision that’s best for you.
When you want to make changes to your home, thinking about the return on your investment is important. But remember – home improvements that increase your quality of life are priceless.