Upgrading your home can offer many advantages, like personalizing your space, improving your energy savings, and increasing the total resale value of your home. Whether you’ve recently purchased a home or you’ve lived there for years and are looking to upgrade your humble abode, consider these five popular home renovations from Citizens Bank.
Keep in mind that some home improvement projects can also lower your home’s resale value, making it difficult to attract potential homebuyers in the future. However, these popular renovations suggested by Citizens Bank can offer up to 78% percent return on your investments. If you’re part of a homeowner’s association or know there are strict building codes in your town, make sure your renovations are in line with your neighborhood or city rules and regulations to avoid any potential fines.
Depending on the style of your home and where you live, the return of investment may vary. However, these five popular renovations offer the best value for your money for an average, mid-sized, single-family home. If you’re ready to move forward with remodeling your home, the next step is to determine what you can afford and obtain the funds you need to finance your improvement project. Get quotes from several contractors, then learn how to get a home equity line of credit from Citizens Bank to turn your house into the home you’ve always wanted.
Learn about renovating your home with a home equity loan from Citizens Bank