When it comes to home improvement projects that increase the value of your home while improving its appearance and livability, renovating a kitchen or bathroom probably come to mind right away. But there are some smaller-scale and less expensive projects that can enliven a home and transform its look as well.
Here are five projects for a “rainy day fund” that can enhance your home without ruining your budget.
New front door or garage door. Changing your front door or garage door are relatively small projects that can create a positive visual impact. Bold or unusual paint colors and materials can give your home a great facelift.
New windows can update the look of a house and also help you save on energy costs. Often, new windows come with rebates and, in some cases, you may be able to get tax deductions for making energy-efficient improvements.
Moulding. Any space, whether big or small, may be improved with finishing touches. Moulding is a simple decorative element that can make a statement that says “finished and upscale.”
A fresh coat of paint or new wallpaper can completely transform a space. Wallpaper is also experiencing a resurgence in popularity. Both paint and wallpaper offer limitless choices. Play it safe, be classic, or go wild! A bonus of having wallpaper is that it reduces the need for hanging photos or art on the wall.
Wood floors. A house will look richer with shiny, wood floors. Wood is also easier and less expensive to clean than carpet, and it cuts down on dirt and bacteria that can live on the fabric of rugs. New flooring trends include very dark wood and chevron patterns.
Making a home “your own” is one of the joys of homeownership. If you are a first-time homebuyer with questions about whether or not you can qualify for a mortgage, check out our Affordability Mortgage Calculator. Then speak with a professional at Freedom Mortgage to get the details you need to take the next step toward homeownership.