Are you feeling the “renovation itch” or perhaps looking for a fun project that you can take on which will provide you with a return on your Plano investment? There are numerous Plano home upgrades and renovations that can add value to a home without costing a large sum of money to complete.

Let’s take a look at three popular home renovations that can increase your home equity without draining your bank account.

Plano Home LoansPaint Your Home Inside and Out

Painting the interior or exterior of your home costs very little when compared to how much it can freshen up your home’s appearance and increase its value. Painting is also an excellent time to get rid of any old wallpaper or other decor touches that are a little dated. Spend some time browsing through Pinterest or through home improvement websites in order to choose a color palette that is warm and inviting without being too bold. Remember, if the goal is to increase your home’s value you’ll need to paint using colors that buyers will find attractive.

Upgrading Your WindowsPlano home loans

If your local environment is hot or wet during parts of the year you may find that upgrading your windows improves your home’s appearance and provides you with some additional savings in the form of reduced energy costs. Look for windows that are energy-efficient and that are guaranteed to eliminate drafts. Depending on the area of the country that you reside in, you may find that windows that are insulated with vinyl or aluminum are your best bet.

Plano Home LoansCreating Your Backyard as a Retreat 

If you have an unfinished rear yard which has a lot or a little space you may want to consider finishing it and creating an outdoor room. Some buyers will be enticed by the additional space, while others will be excited at the opportunity of a “Stay-cation”. You’ll find that investing a little time and money in your home now can pay huge dividends later when it’s time to sell and move on. For additional info or to discuss your particular situation, give Warren Whitaker, Senior Mortgage Loan Officer with Highlands Residential Mortgage at 972.523.8353.

 

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