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Top Projects that can Help Preserve, or even Boost Your Home's Value

With warmer temperatures right around the corner, now is a good time to start thinking about home improvement projects you could tackle this spring. Although you may be able to pay out of pocket for minor things such as gutter cleaning, perennials for the garden, or a new kitchen faucet, you may not have the cash on hand for more costly projects and repairs. Home Equity Plus is the smart way to use the equity in your home to pay for some of the larger projects you have in mind. Here are seven home projects that you may want to consider Home Equity Plus for this spring:

Renovate the Kitchen

The kitchen is one of the most important rooms in a home and upgrades, both minor and major, can have a drastic effect on the value of your home. A few ways to upgrade your kitchen space include replacing old appliances with energy-efficient ones, changing outdated countertops, and even adding new cabinetry. Whether you are looking to extensively remodel this space or simply want a refresh, kitchen upgrades are a great way to increase value in your home.

Finish the Basement     

Extra storage space is great, but an unfinished room in your home won’t add much value. Converting your basement to a livable space won’t just improve your impression of your home, it also has the potential to increase its value as well.  While these sorts of projects can be costly and lengthy, they have the potential to provide greater value to your home compared to smaller renovations.

Add a Home Office

As the number of people working from home continues to rise, a home office is becoming more of a necessity. Building an additional room to your home can be an expensive project, but like finishing your basement, has the potential to drastically increase the value of your home. If building a new room isn’t feasible try converting unused space into an office to boost your home’s value instead.

Update the Siding

Siding has a great impact on your home’s overall curb appeal. It can protect your home from the elements, improve your energy efficiency throughout the home, enhance visual appeal, and potentially boost the resale value of your home. Less costly than finishing the basement or renovating the kitchen, updating or repairing your home’s siding is a smaller project that can increase your home’s value.

Upgrade Windows

Installing energy-efficient windows may reduce your home’s energy costs. While upgrading windows aren’t as visible a home improvement project as remodeling your kitchen or bathroom, they are practical, will conserve more energy, and can add value to your home.

Replace the Garage Door

If you are looking to increase the curb appeal of your home, consider replacing the garage door. Due to its visibility, a dented and outdated garage door can have an impact on your home’s resale value. A newer door can even help you save on your energy costs, making it a great project if you are concerned with energy efficiency.

Replace the Roof

The roof is one of the most important components of your home and has a big impact on its appearance, value, and function. It can also have drastic effects on your home’s energy costs, as well as the resale value of your home.

As the weather grows warmer, tackling your list of home improvements is likely top-of-mind. No matter the size of your projects this spring, this list of options could help increase the value of your home, and Home Equity Plus can provide an easier way to finance the cost.

This article is for general information only and not intended to provide specific advice or recommendations for any individual.