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3 inexpensive home improvement projects

Posted by:  Chip Poli
2014-04-10 12:29:22

It's that time of year again: tax season.

These months tend to be busy times, as many people look for good ways to put their tax returns to work. While some homeowners choose to purchase expensive goods or add the money to their savings accounts, others decide to invest the money, whether that be in the stock market or their own property.

Have you been thinking about undertaking a home improvement project lately? There are a number of attractive updates that are both affordable and valuable. If you're preparing to put your house up for sale on the local market and purchase a new one, or simply looking to enhance its existing qualities for your own enjoyment, using your tax return to pay for one of the following three upgrades could greatly be to your benefit.

1. New, energy-efficient appliance
While some appliances do cost thousands of dollars, there are a number of high-end options that can be purchased for a considerable amount less. A great way to modernize an outdated kitchen is through the installation of energy-efficient appliances, like a dishwasher or washing machine and dryer, according to HouseLogic. Compared to older models, these machines offer better performance and consume a fraction of the water and electricity.

Not only can this provide your kitchen with a sophisticated look, but it might also help to significantly reduce monthly utility costs. And by routinely paying smaller bills, you can save more money over time. This could be a strong selling point if you ever decide to list the house.

2. Introduce a new front door, frame
An effective way to improve a home's curb appeal and enhance its security is by swapping out the primary entryway's door for a more durable, secure option. According to Bankrate, a sturdy, eye-catching front door and frame constructed out of strong woods or metals are the best options, as they are able to continually protect the house from outside intruders. Additionally, featuring components with stylish designs and a complementary color scheme can go a long way toward making the front porch more inviting to visitors. Further, outfitting it with chic hardware and a sizable lock set can act as a pleasing accent piece, while simultaneously ensuring the safety of your family and guests.

3. Incorporate fiberglass insulation
Are you planning on painting any interior walls? If so, you might want to take the project a step further than its cosmetic surface and add a substantial amount of fiberglass insulation to the structures. This type of update is beneficial year-round, as it keeps heat inside during winter and outside during summertime, AOL Real Estate noted. If you want to keep costs down, being selective with the living areas you insulate can help. Ultimately, though, materials are very inexpensive.

In addition to helping you pay less toward heating and cooling costs each month, this can heighten the amount of privacy and comfort you can enjoy, as it reduces the amount of sounds that is allowed to pass through walls. And, after installing the insulation, you'll have the chance to update the walls with whatever color or design you see fit.

While each of these home improvement projects are effective, they are among the least expensive to undertake. If you're concerned about the price of a desired update - you need not worry. Poli Mortgage Group can help. The trusted source of residential lending has grown into a regional authority during its 13 years in operation, and matched thousands of clients with great low rates. Its workforce of experienced Loan Officers regularly provide borrowers with quality customer service and the Poli Mortgage Mobile App makes it possible to research the mortgage market anywhere at any time. To learn more, call 866-353-7654 today.

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