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  • Coach Purse or New Door, You Decide!

    Wednesday 20th of February 2013 1:14:31 PM

    Most Americans will soon receive their income tax refunds and most likely spend it on some frivolous yet worthwhile expenditure like a vacation or the latest Coach purse. Well, the time has come to think about spending your tax refund on something that may benefit you in the long run like investing your money into your (usually) most expensive asset, your home.

    Last year the average tax refund was about $3000.00. Wouldn’t it have made sense to take care of your home rather than take a vacation that will probably be soon forgotten? I think so! By updating your homes’ features you will not only contribute to its prolonged existence, allow you to enjoy it better, and you will also be adding value to the home if you ever decide to sell it!

    Don’t worry too much if your tax refund is not too great, even moderate investments will improve your home’s overall value. There are many options available to you that will come under the average $3000.00 tax refund.

    Just to name a few:

    A new front door will not only boost curb appeal, improve security but it usually yields a return.

    A new garage door will increase your home’s resale value by an additional thousand or two.

    Weatherizing your home is not only quite inexpensive (a few hundred) but will also make you money, now. It will usually decrease your home’s energy consumption by about 35% meaning more money stays in your pocket.

    Painting your home to more up-to-date colors will increase the appeal in your home if you are deciding to sell it. Just think, for a few dollars you can update your home without having to remodel.

    Lastly, updating your homes lighting will help you save on energy costs as well as improves the home’s overall value.

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