Popular Home Improvements People Are Financing with Home Equity

Popular Home Improvements People Are Financing with Home Equity

This post contains paid affiliate links, please read our Advertising Disclosure Statement.

The equity of your home is the current market value of the property and the balance of the outstanding loan you have. The equity you have can be turned into a form of cash. To increase your home’s equity, you pay off the loan and add value by performing maintenance. Reinvest the equity you have back into your home by making home improvements to further improve your return on investment. 

Kitchen Upgrades 

The kitchen is the centerpiece of your home. Countertops and cabinets are used multiple times a day. Because of their extensive use, it is important to invest in nice materials to maintain their life and quality. Material that holds well for countertops includes granite, quartz, natural stone, and other solid surfaces. Cabinets open and close frequently and put up with a lot of spills. Investing in durable wood that has stain and scratch-resistant coating will prolong the life of your kitchen. It is important to remember that cabinets and countertops are semi-permanent features, choosing high-quality materials will save you money without the need to replace them frequently. 

Bathroom Remodels 

Every individual needs a space where they can relax and recharge. Getting ready in the morning is an important routine that should feel luxurious. Investing money into your master bath, especially into custom lighting and a spacious shower, will spoil you and bring your bathroom to a new level. New showers with glass doors tend to be cleaner as they do not harvest bacteria as much as a shower curtain (when cleaned regularly). Custom lighting can significantly improve your getting-ready experience. With a bathroom that looks expensive, you not only give yourself a place to enjoy getting ready, but you also increase the home’s value. 

A New Roof 

The environment can have a major impact on the integrity of your home’s roof. Over time, your roof loses its structural integrity from heavy snow, rain, strong winds, and direct sunlight. Shingles and gutters need to be cleaned out frequently to avoid the buildup of debris, leaks, and permanent damage. Occasionally, you need to replace the roof entirely. Replacing the roof will protect your home from collapsing on itself. A new roof can also increase the life expectancy of your home. As your home ages and increases in value, a roof replacement will give you a large return on investment. 

Deck Additions 

Adding a deck to your backyard has high desirability for current owners and an even higher resale value. There are many ways to improve your lifestyle with all the features you can add to a deck. Adding a deck to relax in the sun, host parties, entertain dinner guests, and even host a picnic is perfect for being social and spending time outdoors. With the addition of a deck, you can expand the interior of your home, install an outdoor kitchen, and have the perfect spot for enjoying your morning coffee. Deck additions are the perfect transition piece from the outside to the inside of your home. 

Floor Replacement 

The flooring in your home doesn’t have it easy. Ground surfaces put up with food traffic, pet claws, spills, and anything else that falls by the wayside. With so much dirt and debris involved, it is impressive that your floor holds up as well as it does. It is generally recommended that carpet is replaced every 10 years, or when you first move into a home. This will help combat allergens stuck in the carpet and general upkeeps. Wood and tile flooring lasts longer when taken care of properly. If your floor is warped, scratched, cracked, or dull, it may be time to investigate flooring replacement options. 

Siding and Insulation 

The siding on your home not only contributes to its curb appeal, but it is the most protective layer against the exterior elements. Coupled with insulation, this is what protects your home from extreme temperatures, and pests. Over time your siding and insulation becomes damaged and loses its integrity. Damaged siding can let in pests, rodents, and mold growth. Your insulation will cease to be effective if moisture seeps into it. These unwanted problems can cause extensive damage to your home that is costly to repair. Investing in durable siding and replacing your insulation will better protect your home. Long-term savings include an increase in energy savings and an increase in your home’s value. 

Windows and Doors 

Like insulating your home with high-quality siding, it is worth the investment to upgrade your windows and doors. Your windows and doors act as a barrier from the outside world, without the added benefit of insulation in between. High-quality windows and doors help control the internal temperature, increasing your energy savings. Energy-efficient doors and windows can also help you qualify for energy tax credits and rebates. Newer models are also better at protecting you from UV rays and filtering the light, without adding a unique tint. They are also safer with added technology to prevent break-ins. 

Landscaping 

Although people tell you not to “judge a book by its cover”, homes are one of those assets that people immediately judge on what they see. If you want to increase your curb appeal, invest in landscaping. Landscaping is as expensive as you make it, but the more you put into it, the higher value your home will be. Landscaping has been shown to recover 267% of associated costs. Landscaping is also great for controlling water runoff and preventing floods during rainy seasons. Ultimately, tasteful landscaping will attract more buyers and increase the value of your home. 

Your home’s equity increases each year. You stimulate the equity in your home even further when you add value with remodels and maintenance. Using your equity to perform remodels will lower your interest rates, act as a tax deduction, and yield a higher return on investment. Continue to treat your home like an investment by using the equity you build to make home improvements that further boost your home’s value.

Read this next: 4 Budget-Friendly Ways to Brighten Up a Dingy Home

Thank you for stopping by and checking out Popular Home Improvements People Are Financing with Home Equity! What home improvement idea was your favorite? Be sure to let us know in the comments below! If you enjoyed this post, we’d be very grateful if you’d help it spread by emailing it to a friend or sharing it on Twitter and/or Facebook. Don't want to lose this? Pin it on Pinterest so you can get back to it later!

Have a great day!

    

Other Krazy Deal Daze Post You May Be Interested In:

• Why Online Shopping is the Best Way to Shop
• Tips for Finding a Budget-Friendly Repair Company to Fix Your Heater
• Smart Strategies for Getting the Best Deal on a New Mattress
• Best Practices When Shopping Online
• 4 Tips for Saving Money on Your Next Home Improvement
• CouponPaste Chrome Extension Review and How-To
• Handy Tips on Interior Design that Won’t Break the Bank
• Large Family? Our Best Tips for Saving Money at the Grocery Store
• Top 10 Budgeting Strategies To Help You Curb Overspending

Cool Home Improvement Projects You Can Do on a Budget

Check out Cool Home Improvement Projects You Can Do on a Budget

This post contains paid affiliate links, please read our Advertising Disclosure Statement.

It might be time to make some updates around your home.

There are a number of home improvement projects that you can do without spending a fortune. With a little bit of DIY skill and some creative ideas, you can create some incredible transformations.

Closet Organization

You can make your closet look bigger than it really is when you organize it properly. You don’t have to spend thousands of dollars to have a professional company to create shelves and drawers. Instead, there are a few DIY tricks that you can do. Use boxes or baskets to keep some of the smaller accessories. Add another clothes rod in the closet, too, allowing you to get a second row of clothes into the same space. You may want to consider installing a few shelves in the closet so that things can be removed from the floor.

Garage Floor Epoxy

Epoxy installation is easier than you might think. If you’re tired of looking at the cracks and stains on your garage floor, there are kits that you can buy. Before applying the primer, you'll want to sand or grind the top of your concrete thoroughly and vacuum up any dust. Then, you can even add colored bits to ensure that you have the garage floor that you have always wanted. It will be easier to keep the garage floor clean, too.

Kitchen Backsplash

If you’re tired of looking at the same boring wall in your kitchen, you can add some color and style with a backsplash. With some glue, tile, and grout, you can create a backsplash above the sink, behind the stove, and around all of the countertops. It’s a great way to keep the area clean, too. Now, if you splash spaghetti sauce or something else on the wall, it’s easy to wipe clean.

Paint

Off-white walls are the standard inside of most houses. You can transform any room in the house with a little bit of paint. Metallic paints can add a luxurious look to dining rooms and hallways while chevron and harlequin prints can add whimsy to bedrooms and home offices. Choose bright colors that can add plenty of personality to a room. With a drop cloth, a paintbrush, and a few stencils, you can accomplish quite a bit.

Don’t be afraid to think out of the box for your home improvement projects. By doing it yourself and using creative ideas, you don’t have to spend a lot of money.

Thank you for stopping by and checking out our MONTH Shopping Guide! Which Krazy Deal are you most excited about this month? Be sure to let us know in the comments below!

If you enjoyed this post, we’d be very grateful if you’d help it spread by emailing it to a friend or sharing it on Twitter and/or Facebook. Don't want to lose this? Pin it on Pinterest so you can get back to it later!

Have a great day!

    

Other Krazy Deal Daze Post You May Be Interested In: 

• 4 Tips for Saving Money on Your Next Home Improvement
• CouponPaste Chrome Extension Review and How To
• What's a Daily Goodie Box?
• Handy Tips on Interior Design that Won’t Break the Bank
• How to get your FREE PINCHme Subscription Box
• My AncestryDNA Journey Review
• Large Family? Our Best Tips for Saving Money at the Grocery Store

Handy Tips on Interior Design that Won’t Break the Bank

 Handy Tips on Interior Design that Won’t Break the Bank

This post contains paid affiliate links, please read our Advertising Disclosure Statement.

You want your home to look like a designer's dream, but you don't have wads of cash to

throw around to make it happen. Fortunately, there are ways you can create an exquisite

design for your home's interior without breaking your budget. All it takes is patience and

a good eye for a bargain. Let's examine four ways you can get the décor of your dreams

on a budget.

Buying Gently Used Furniture

Brand new furniture can be enticing. Just take a walk through a furniture store and you

are surrounded by furniture that would look good in every corner of your home. Unfortunately,

if you take a look at the price tag, you will go into sticker shock. You can blow your decorating

budget on just one couch or chair. For those looking for a bargain, gently used furniture is the

way to go. Sometimes thrift stores used to make money for charity have fantastic deals on

everyday household items and furniture. Then, not only are you receiving a good deal, but

you’re also helping to support others in need.

Invest in Certain Items

Certain items make a big impact on a space. Curtains, rugs, and artwork can bring a room

together. If you have a small budget, it is important to set aside a part of it to cover these c

ritical items. Consider them an investment in your home's beauty and functionality. Window

coverings are one area you don't want to skimp on. Invest in really nice curtains to spruce up

the room as they are cheap and help diffuse harsh sunlight into your rooms. You can add

blinds for light control or shutters for a different look.

Rugs are another area you need to invest in. They offer an additional layer of color and

texture on top of your flooring. They are also practical offering a soft surface to walk and

sit on. High-quality rugs will last for decades with routine care. Artwork can also brings

beauty into the space. On a limited budget, the smart move is to invest in a focal point piece.

It doesn't need to be the most expensive, but it should carry a significant impact.

Patience and a Plan

When it comes to decorating on a budget, the biggest way to save money is to have patience

and a plan. Patience is required to find your ideal pieces at a bargain price. You must wait for

sales and price markdowns. You need to spend time finding those gently used furniture pieces

that pop up on occasion. You have to gather the parts for your DIY projects. You need to

decide where to invest your budget. You can also use that time to save up money for the

next phase of your design project.

A plan is ultimately how you save the most money. When you have a plan, you have a

roadmap of what you want to buy. You know the textiles you desire, the furniture pieces you

need and the look you are going for. With a plan, you aren't buying unneeded or impulse

items. Plus, as you gather the things for your project, you can check them off one-by-one

with a sense of budget satisfaction.

Go the DIY Route

Image Source: MoneyCrashers.com

One of the most significant costs of professional interior design is the labor involved in some projects.

It is not uncommon to hire professionals to handle installing a new floor or painting the walls.

For someone on a budget, labor costs can put certain upgrades out of reach.

Fortunately, a bit of DIY skill and some sweat equity can keep the budget under control.

There are videos and how-to articles available on our website to help you tackle many

of your interior design projects. Additionally, many home improvement stores have experts on

hand for advice and some even teach classes on common DIY projects. If a project is a bit

too daunting, ask your family and friends to help. It's likely one of them has done a similar

project and can give you an experienced hand. It will make the work go faster and usually

won't cost more than a pizza and a drink.

Don't let your dreams of a well-decorated home go to the wayside due to budget concerns.

You can use these tips to help you get the interior design you dream about without breaking

the bank in the process.

Thanks for stopping by to read our Handy Tips on Interior Design that Won’t Break the Bank. Which tip was your favorite? We would love to hear your feedback. Please let us know in the comments below!

    

Have a great day!!

Other Krazy Deal Daze Post You May Be Interested In:

• https://www.krazydealdaze.com/2018/03/diy-furniture-makeover-transforming-old.html
• https://www.krazydealdaze.com/2018/06/couponpaste-chrome-extension-review-and.html
• https://www.krazydealdaze.com/2018/02/whats-daily-goodie-box.html
• https://www.krazydealdaze.com/2017/08/hot-to-get-your-free-pinchme.html
• https://www.krazydealdaze.com/2018/03/my-ancestrydna-journey-review.html

Garage to Man Cave Makeover Phase One

Garage to Man Cave Makeover Phase One

This post contains paid affiliate links, please read our Advertising Disclosure Statement.

In every home we have ever lived we have never used our garage as well, a garage... We have always utilized it as an additional living space and place to hang out. Our newest home features a 500 square foot garage that we have been using as storage while we were unpacking and settling in. Well, fast forward 2 years and we are still not 100% unpacked and our garage has turned into a cluttered mess... So we decided enough is enough! It's time to remodel the garage.

So first things first we have to get everything out of the garage so we can start cleaning and prepping the walls for new paint. To accomplish this we needed to rent a storage unit. Because of what we needed to store and how much we needed to store, we had to spend the extra money on a large climate controlled storage unit. Thankfully there were three of us in the family that was in need of a storage unit so we combined our stuff and split the cost three ways.

Once we got everything in storage, it was time to start prepping the walls to be painted. To do this we first removed all the outlet covers and switch plates. Then filled and patched all the holes that were in the walls. We used Silka Pro Select Stucco Patch and ProForm All Purpose Joint Compound and a putty knife to accomplish this. Dry time for the Stucco patches took at least 1-hour minimum for a partial cure, depending on temperature, humidity, and depth of repair. Full cure can be achieved in 72 hours. The Drywall patches took 24hrs to fully cure. Note that wet or damp conditions will slow the drying process. Subsequently, 24 hours dry time may not be sufficient. We also used Dap painters acrylic caulk to seal up a few things before painting. According to instructions, you should allow the caulk to dry 2 hours, longer in cool/humid conditions before painting.

While waiting for our patches and caulking to dry we moved on to the next item to be done before we started painting. We have an extra refrigerator that we use in our garage and where we wanted to move it to would have blocked the light switches and garage door opener. So we had an electrician move them over a few inches to accommodate where we wanted to relocate the refrigerator. Then we went over all the wall patches with Wall Texture by Homax in Orange peel, to match the texture of the rest of the walls. Once painted the patches should blend right in.

After everything is set and dry, it's time to paint. Here is a list of supplies we needed for this project:

 










Masking tape

Plastic drop cloth

Paint trays

9" roller handles

9" rollers

4" roller handles

4" rollers

Small trim brush

Extension Pole

Trim guards

Paint cup

Paper towels

Paint key

Screwdriver

stir sticks

Paint

First, we took the masking tape and taped off along areas we did not want to be painted whatever color we were using at the time. After taping off the baseboards and door trim we also hung plastic over the door. Although we are going to apply a new finish to the floors we still laid down a drop cloth to avoid having to potentially clean up a big mess in the event of an oops!

Now it's time to open the paint, this is where a paint key comes in handy, you can also use a screwdriver if you don't have a paint key. Although we had our paint premixed when we bought it, we still mixed our paint using a stir stick. We also punched drainage holes into the rim of the paint can with a screwdriver and hammer. This hack helps lessen the amount of paint that can accumulate around the rim and lid.

Using our small trim brush and trim guards we painted along the ceiling, baseboards, light switches, electrical sockets.., etc. We also were very careful when painting certain corners as the walls were going to be painted in different colors. Once all the trim painting was done we grabbed our paint roller and proceeded to paint the rest of the wall. We repeated this process for each wall color. Each wall took 2-3 coats of paint to reach the desired finish that we were happy with. 

Please enjoy our video on Phase one of the Garage to Man Cave Makeover below

Because of the theme of this makeover, which will be revealed at a later date. We chose Behr's Crimson Red and Asphalt Gray as our wall colors. Next step will be cleaning and prepping the floors.

Thank you for stopping by and checking out our Garage to Man Cave Makeover Phase One! Which Krazy Deal are you most excited about this month? Be sure to let us know in the comments below!

If you enjoyed this post, we’d be very grateful if you’d help it spread by emailing it to a friend or sharing it on Twitter and/or Facebook. Don't want to lose this? Pin it on Pinterest so you can get back to it later!

Have a great day!

    

    

Other Krazy Deal Daze Post You May Be Interested In:

• https://www.krazydealdaze.com/2018/03/diy-furniture-makeover-transforming-old.html
• https://www.krazydealdaze.com/2018/06/couponpaste-chrome-extension-review-and.html
• https://www.krazydealdaze.com/2018/02/whats-daily-goodie-box.html
• https://www.krazydealdaze.com/2017/08/hot-to-get-your-free-pinchme.html
• https://www.krazydealdaze.com/2018/03/my-ancestrydna-journey-review.html