April 17, 2018

Tax Day – April 17 this year – has swiftly approached. Now is the time to decide how to spend your tax refund in the most smart way possible. Most people would spend their tax refund to pay off a bill or a set of bills. A better and smarter way to spend the tax refund would be to use the funds to improve the home. The home improvement idea can be a single project such as a kitchen or bathroom remodel or a set of projects such as exterior landscaping, repairing old flooring or painting a new color in any of the interior rooms.

Choosing a project that will give the best bang for the buck can be a little nervous. This article will explain a few tips each home owner can follow for deciding on how to spend the tax refund.

1. Which Project? Knowing what type of project will give you the best return on investment to your home is very beneficial. The top 3 home improvement projects for the home are 1. kitchen remodel 2) bathroom remodel and 3) Exterior Landscaping. Kitchens and baths are the areas in a home "where you can tell if money has been well spent or not." They're the most expensive areas of the home in terms of construction. And they're where people spend time in their home. If people drive by your home and are not impressed by the exterior landscaping, they're not going to walk inside. Most bath and kitchen remodel projects when completed will give a greater than 100% return on investment when resale of a home is completed.

2. Finding A Good Contractor. Do your due diligence research when looking for a home remodeler or landscaper. Do a Google search on the contractor and read the Yelp reviews, Google reviews, Better Business reviews and other review websites. It is always a good idea to hire a General Contractor with a few years of experience with good reviews.

Thanks for reading our Few Tips Tax Day Is Here, Best Way To Spend Your Refund!