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Sunday, January 25, 2015

3 Affordable Things You Can Do To Your Home With Your Tax Refund



The average tax refund won’t be enough to remodel your entire kitchen or bath but hopefully it will be enough to make small improvements that add value!  Reinvesting your tax return into your home is one smart way to put that extra cash to work for you.  Entranceways can make great first impressions.  If you’re looking to sell, giving your house a face lift is one of the first things you should think about.  Here are three ways to brighten up the look of your home while doing double duty for energy efficiency.

Stormdoors
One small project that will pay off whether you’re deciding to sell or not is installing a storm door.  It can add an extra buffer against the cold winter elements or welcome in a warm summer breeze if you choose a screen option.  A storm door for your front entranceway is a flexible convenience for all occasions.  If your door gets a lot of direct sunlight, avoid glass as it can exacerbate the heat in your entranceway and cause damage to your door.  Check for locks at the top, bottom, and middle for extra security and for reinforced corners.  Aluminum is better for wear than vinyl.  You may also want to re-key the door so a single key can unlock both the storm door and your front door for convenience.  A storm door can cost about $250 with all these features plus a little extra to have someone else install it.  A storm door is definitely a way to improve the value of your home while also making it more energy efficient.

New Windows    
Installing new windows can have the same benefit.  If you have an especially leaky window, an off-kilter one, or maybe the frame is rotting, have it replaced!  In this case, vinyl is cheaper than wood.  If you choose an Energy-star qualified window it may even qualify for a tax credit in your next tax year!  Windows and installation can have a wildly wide range of price options, so make sure you choose a window within your budget and carefully choose your contractor to do the job right the first time.  Replacing old windows can help keep your heating and cooling bill down while adding to the aesthetic appeal.

New Doors
Finally, if you’re going to install a storm door, why not go all the way and paint or replace the door to your front vestibule.  Choosing a new door that fits your entranceway perfectly both in style and size can add timeless beauty to your home and keep the weather outside.  If your house has settled, replacement might be the better option, so your door fits securely at both the top and bottom.  If you have already done this within the past few years, a fresh coat of paint might do the the trick.  Be sure to chose an exterior paint that hides imperfections and is weather resistant.  Updating the hardware on your door by replacing the locks is a good option, and is the perfect timing to match the locks with your storm door as well!
     
Put your tax dollars to work for you by investing back into your home.  These small updates work in multiple ways and stretch your return this year.  Whether your staying put or looking to sell, adding curb appeal will make your home more enjoyable and save you money in the long run by keeping the seasons outside.


     

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