Summer is Prime Time for Home Renovations


As the weather finally starts to get warmer, more homeowners are considering modifications to their homes. If you’re one of them, summer is a great time to do it! With contractors more readily available for both indoor and outdoor work, you may find it easier to get help for a reasonable price.

Renovations that add value

We’ve all heard that kitchen and bathroom updates add the most value to a home. In fact, even simple bathroom changes — like new light fixtures, mirrors, and fresh paint — can make a difference. kitchen renovations can become much bigger and costlier, so if you take these on, consider going ahead and investing in an updated layout if yours doesn’t have the best workflow.

Don’t want to tackle these rooms right now? Consider these projects that can also have a positive impact on your home’s value:

1) Adding insulation
Not only will your home be more comfortable when winter comes, but you’ll save on heating and cooling costs year-round!

2) Landscaping
Great curb appeal sets a welcoming tone at the end of each day — and it’s a relatively easy way to increase the value of your home quickly.

3) Updating for a more current look
Wood paneling, popcorn ceilings, and old-fashioned wallpaper can be stripped for a cleaner, more sophisticated look that you — and future buyers — will appreciate.

Paying for renovations

If you don’t have the full cost of renovations saved up, you can always consider taking out a loan. Horizon Bank offers some inexpensive options, including:

Homeowners Improvement Program

This is a unique loan option that may be an option even if you don’t have a solid credit history. This program is designed to help you make necessary upgrades — like a new roof, windows, or furnace — that improve livability immediately, while also adding value to your home.

Home Equity Line of Credit

With a home equity line of credit, you can access funds based on the equity in your home. Because it’s a line of credit rather than a single loan for a set amount, you can access these funds over a long period of time — making it a great option for ongoing improvements.

Get started!

To find out how best to finance your summer home improvement projects, talk to a financial advisor at Horizon Bank. We’ll be happy to talk with you about your needs, assess your situation, and work to find a solution that can benefit you both short- and long-term.

Stop by your local branch, or contact us today to learn more!