Home Remodeling Projects for Your Tax Return
Proactive Phoenix denizens have probably already completed their taxes for 2016 and might have already cashed their refund checks. But before you start going through that refund like a kid in a candy store, consider where you could use that money that will benefit you in the long run. The answer to that for many in Phoenix will be to invest in their home.
To help you plan your tax return investment, we’ve put together a few of the best home projects that you can do. From putting in shutters and floors to putting in modern appliances, these ideas will help you get the most out of your tax return.
Get New Floors This Spring
A dazzling new floor is one of the best things you can give your Phoenix home with your refund. Alongside your annual spring cleaning, new flooring can totally transform the look and feel of your home for the new season. Just imagine how a new tile floor or hardwood might look in one of the rooms in your house.
Getting new floors is a great tax return project because it can increase your home’s value. It’s a fact that certain flooring like real hardwood and natural tile can increase the appraisal value of a home, while a beautiful new carpet or vinyl floor can decrease time spent on the market if you’re thinking about listing your home on the market at some point.
Spring Into New Window Coverings
Just like new flooring, a new window treatment can totally change your home’s style. But tax time is an even better time to think about window treatments, as the weather changes with each day and you begin to open your windows more often. A few of our favorite window treatments for the spring include plantation shutters and shades.
Some window treatments can help you get even more money in your pocket on your next return. Polywood® plantation shutters provide such great energy efficiency that as a bonus to saving you on your monthly HVAC bills, Polywood shutters make you eligible for energy tax credits. If new window treatments are your gift to yourself with your tax refund, be sure to think about home value and energy efficiency as well as how they look.
Choose New Appliances
After new window treatments like shutters or putting in a new hardwood floor, what’s the next best home project you can do? For the majority of Phoenix homeowners, the answer is investing in new appliances. As with flooring and window treatments, new appliances can be a striking fashion statement and update the feel of your home.
Begin with your kitchen appliances. The refrigerator, microwave, and oven are some of best places to start when thinking about replacements, since they’re typically the most-used and most often seen. Ensure that any new appliance you purchase has a complementary look. For instance, stainless steel appliances look ultra-modern while still being relatively neutral, so even if you redo your counters or choose a new color scheme, that stainless steel will complement the decor just the same.