Tax season is ahead of us, but luckily for some that also means tax refund time. You’re probably thinking of a million ways you would want to spend that money and trying to decide what the best use may be. A popular way to utilize this extra income is to put it toward home improvement purposes. Home upgrades can include improving your decor or providing a much-needed benefit that you’ve been waiting for.
Below, we’ve rounded up some of the most popular renovations to consider when you obtain your tax refund for 2021.
Upgrade the Exterior of Your Home
Exterior makeovers with new additions or architectural changes can maximize curb appeal and leave your home feeling brand new. Consider painting your house with a fresh coat of exterior paint or changing up the color to add a new feel. Add charm and curb appeal to your home with architectural shutters.
Shutters are environmentally friendly, low maintenance, and offer numerous color choices for a refreshed burst of color on the block. Add lighting and plants around the front of your home for a cozy, inviting feel.
Upgrade Appliances
Replace old appliances and lights with new energy-efficient ones. These few one-time purchases can help you save money in the long run and maybe the best investment for your tax refund.
Look for Energy STAR labels on new appliances to ensure you are purchasing the most efficient technology for your home. Switch out old light bulbs with new LED ones to not only save energy and money but also improve the overall lighting of your home.
You can also replace your showerheads and faucets to upgrade your bathrooms and save water.
Interior Redesigns
Small remodels could be an effective use of your tax refund. Spruce up your kitchen with a new, trendy backsplash. Tile backsplashes are relatively inexpensive and can be an easy DIY project for a homeowner. Add an island in your kitchen for an extra space to sit down and do work, chat with friends and family, or eat a meal. You’ll love the convenience of having a kitchen island and installation could be another manageable DIY project.
Update your doorknobs and handles to revitalize your home. This simple change could complete the look of your home with hundreds of styles and finishes to choose from.
Create an Outdoor Space
Design a new outdoor space for you and all your friends and family to enjoy. Construct your own fire pit, add a screen, add tiles or stone walkways.
Using your tax refund toward your home is a great re-investment that you won’t regret once the money’s gone.
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