Your house is your home base in life. It’s where you relax after the work week, your family gathers for holidays, and you celebrate the victories, big and small. So this spring, consider a home improvement project that makes your home even more inviting!
How Home Improvements Benefit You – And Your Equity
Americans spent more time at home in recent years – nearly 62% of our waking hours. That makes it even more important to love your home. Home improvement projects help significantly, with 65% of homeowners who complete home improvement projects reporting increased happiness. And their home equity grows, too. So which popular home improvement project should you pursue?
Replace old flooring
New flooring can drastically improve the look of your home, especially if you’ve completed other renovations. Complement fresh paint or new cabinets with beautiful flooring.
Install new windows
Not only do new windows increase natural lighting, but they also improve energy efficiency. Additionally, new windows have one of the highest ROIs for home resale value.
Renovate the bathroom
Are you dreaming of a double vanity? A linen closet in the bathroom? 76% of homebuyers are, too! So enjoy your renovated bathroom today, and reap the resale benefits in the future.
Remodel the kitchen
For many, the kitchen is the central point of the home, where you cook meals and share stories. A kitchen remodel is not only aesthetically appealing but provides increased functionality.
Home improvement projects increase your home’s resale value and home equity. If you already have equity, you can use it to secure a loan or line of credit for additional home improvements. Learn more about home equity from Horizon Bank’s advisors today.