Fun Financial Investments for Homeowners
There’s an old saying that April showers bring May flowers. Considering that a large percentage of Americans receive tax refunds at this time a year, it seems that April refunds bring May shoppers.
As you weigh options for spending your refund dollars, we always suggest an investment in your home, such as room makeovers, appliance upgrades, or exterior updates to enhance curb appeal. There are unlimited options for updating your home, including investments that could add a little fun to your life and spring in your step. You earned those dollars, so you should enjoy them. Consider these four ideas for investing in your home:
- Splurge on the High-End Models: Oftentimes when something breaks, we quickly purchase a low-cost replacement. If you’re being proactive with upgrading older items, however, you can take time to shop for something special. In addition to appealing to any future homebuyers, high-end appliances could make your life easier. Touch and swipe controls, internet connectivity, voice commands, and camera technologies could make household chores a breeze while also providing a potential ROI.
- Optimize Your Outdoor Space: If you love to be outside — invest in your outdoor living spaces. Now is an excellent time to make home upgrades that count, such as adding a concrete patio or beautiful new pavers for lounging in the sun. You may consider getting estimates for a pool installation if space and budget allows. Another great investment is a retractable awning for shade when you are having fun in the Florida sun.
- Add a Coat of Color: Adding a fresh coat of paint to the interior or exterior of your home is often a great idea. Whether adding a bright white coat to your baseboards or a completely new shade on the walls, you and others will certainly notice the improvement. When considering color psychology, different colors can influence perceptions and emotions. For example, many experts agree that orange is the designated color for inspiring a fun time. If you need a calm environment, however, cool shades of blue, green, purple, and grey could help create a more tranquil setting.
- Build a She-shed or Hobby Space: Adding a shed or storage area to your backyard is often a good investment, but let’s make the most of it. Turn your shed into your personal paradise. Whether designed for particular hobbies or just relaxation, it is easy to get started. Home improvement stores nationwide have a variety of pre-built shed options. Our real estate team could also align you with a construction expert or electrical technician to assist with adding electricity, fans, or an A/C unit for premium sheds.
As full-service real estate professionals, we look forward to helping you with all matters of the home. In addition to buying and selling homes, let us know if we can align you with topnotch financial experts, interior designers, or landscapers ready to assist you. Call Dick and Karla Nielsen today at 813-294-5786 for helpful information and real estate advice.
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