Home Improvement Credit Cards
Whether you are looking for minimal upgrades or major renovations, you can apply for home improvement credit cards. These cards can be used for anything from a fresh paint job to a new appliance. You can also use these cards to earn cashback rewards on your purchases. Many credit cards offer 0% APR periods, which means that you won’t pay interest for a whole year.
One of the best ways to improve the value of your home is to add new features. You can upgrade an outdated bathroom or add more counter space and storage. An added pantry or kitchen island can also increase the space for meal preparation. Older homes often have outdated bathrooms, so modernizing the bathroom is a great way to update the space and improve its comfort level.
In 2017, 5.2 million Americans replaced flooring, ceiling tiles, and paneling. These renovations were the most popular home improvement projects. Homeowners spent an average of $3,283 on these projects. The average value of a home improvement project depends on location and its features. Some improvements, such as new countertops, can add more than a thousand dollars to the value of the home.
Another popular category of home improvement, according to a recent Axiom survey, is backyard and outdoor space work. More than a quarter of respondents plan to repair or build a patio or deck. With the onset of the pandemic, demand for at-home entertainment areas is increasing sharply. The survey also revealed that nearly 90 percent of respondents plan to spend more time on home projects in 2021 than they did in 2017.