If you’re like many Americans, you’re probably looking forward to receiving your tax refund. One of the most practical ways to use your refund is by making some needed home improvements. Although older houses in the Northeast are known for their charm and character, they need to be kept up regularly to remain beautiful and functional. This is especially true here in the Northeast as our homes are exposed to a wide range of harsh, destructive winter elements. Here are five of the top home improvements you can do by using money from your tax refund.
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Windows
One of the main reasons for replacing windows is for an updated look, along with making it easier to clean them and eliminating or reducing drafts and leaks. Moreover, replacement windows can significantly add resale value to your home. Another perk is that you can save on energy costs. When you have older windows, it’s hard to keep your house at a comfortable temperature. As a result, you spend more on utilities. However, new windows can lower your energy costs each month, which gives you a return on your window investment costs.
- Consider the different replacement window styles, which include bay, awning, picture windows, sliders, bow, casement and double hung.
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Doors
Door replacement is one of the top home improvements for recouping a big financial return in a home’s resale value. In fact, you may recover more than 91 percent of your cost just by replacing a 36-by-80-inch entry door with our 20-gauge steel door.
By replacing your front door, you can also save on energy costs. Besides front entry doors, homeowners throughout the Northeast often replace their patio doors and storm doors with new energy efficient variations.
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Roofing
Using your tax return for new roofing is another wise investment. In addition to getting a new roof, you’ll be receiving more for your home’s market value. In fact, a mid-range asphalt shingles roofing replacement can mean recouping up to 68.2 percent. When selecting the right type of material for a roof, it’s important to consider the materials that are suited for your region.
The most common type of roofing is asphalt shingles. It’s critical that your shingles are rated high for being able to keep out moisture. Shingles alone aren’t enough to protect your home from four seasons of elements. It is crucial to invest in high-quality roof insulation and weather protection. Read more about the benefits of a full roofing package with NEWPRO’s Roofing System.
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Siding
Is your siding stained, cracked or faded? Then, it’s time to update it. There are several options, such as vinyl, composite and insulated siding.
- Vinyl siding looks just like real wood, is energy efficient and low maintenance.
- Insulated siding not only improves cosmetic appeal, but it also lowers energy costs.
- Our composite siding can withstand winds as high as 160 mph and is extremely energy efficient.
Not only will new siding be a good investment in terms of insulation and weather-proofing, but it will improve the aesthetic of your home if you’re looking to list. One of the most noticeable parts of the home is the curb appeal from your home’s siding and it’s normally the first thing a buyer sees and judges.
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Bathrooms
Next to kitchens, bathrooms are the biggest selling point for potential buyers. Some of the typical bathroom remodels include tub replacements and tub-to-shower conversions.
A big trend in bathroom remodels is the open concept plan. While it was once the norm for bathrooms to be sealed off with walls or doors, it’s now trendy to use materials, such as opaque glass, as privacy barriers. Furthermore, tubs and vanities are being blended with closets and dressing areas. Some bathrooms are even merged into bedrooms.
Bathroom updates are a perfect opportunity to show off your artistic side. NEWPRO offers dozens of beautiful design styles and variations including Bathwraps acrylic systems, and features like recessed shelving, benches, and more! Put your tax refund to good use with a brand new updated bathroom!
Considerations
- Consider how home improvements can significantly increase the resale value of your home.
NEWPRO is the Northeast’s first choice home improvement company. For more than 80 years, our third-generation family business has been improving homes throughout the Northeast. Please contact us and learn more about our huge selection of products and services.
