Home Renovation Projects to Do with Your Tax Return
Forward-thinking Minneapolis homeowners have likely already filed their taxes for 2016 and might have even used their refund checks. But before you begin going through that refund like a kid in a candy store, think about where you can spend that money that will benefit you in the long run. The answer to that for most people in Minneapolis is to invest that money back in their home.
To help you plan your tax refund investment, below are a few of the most beneficial home projects that you can do. From new floors and shutters to purchasing new appliances, these projects can help you get the most out of your tax refund.
New Flooring For Spring
A dazzling new floor is one of the best gifts you can give your Minneapolis home with your refund. In addition to your annual spring cleaning, new floors can completely transform the look and feel of your home just in time for the new season. Just think about how a new tile floor or hardwood might look in some of the rooms in your space.
New flooring is an awesome tax refund project because it naturally increases the value of your home. It’s a fact that certain types of floors like hardwood and natural tile can up the appraisal value of a home, while a stylish new carpet or laminate floor can decrease time spent on the market if you’re thinking of listing your home on the market at some point.
Spring Into New Window Coverings
As with new flooring, the right window treatment can radically change your home’s style. But tax time is an even better time to consider new window treatments, as the weather changes more as each day passes and you begin to open your windows more often. Two of the best and most popular window treatments for the spring are plantation shutters and shades.
Certain window treatments can help you get even more money back during tax season. Polywood® plantation shutters are such an energy efficient window treatment that in addition to lowering your monthly AC bills, they make you eligible for energy tax credits. If new window treatments are your present to your house with your tax return, be sure to think about energy efficiency and home value in addition to their looks.
Invest in New Appliances With Your Tax Return
After new window treatments such as shutters or installing a new hardwood floor, what’s the next best home project to invest in? For the majority of Minneapolis homeowners, that would be putting in new appliances. Like flooring and window treatments, new appliances can be a striking fashion statement and bring the look of your home up to date.
Start with the appliances in your kitchen. Your refrigerator, dishwasher, and oven are some of best appliances to start with when thinking about replacements, since those are frequently the most-used and most often seen. Ensure that any new appliance you pick has a versatile look. For example, stainless steel appliances look stylish while remaining relatively neutral, so even if you install new counters or choose a new color scheme, that stainless steel will complement the decor just the same.