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Are you looking to upgrade your home? With warmer weather and extended sunlight hours, spring is the perfect time to give your home a bit of extra TLC. Here are five renovation projects you can do this spring that can increase your home’s appeal, inside and out:
- Repave your driveway.
You may have noticed that your driveway is beginning to sink, or the snow, mud, salt and tire runs have taken a toll on its surface over the years. Repaving your driveway won’t be a simple DIY project, but because it’s at the front of your home, it’s worth thinking about giving it a fresh repave or investing in a more ornate design to bring your curb appeal up a level.
- Landscaping makeover.
Consider lining your driveway or adding flower beds, shrubs, and trees around the perimeter of your home to not only provide privacy and a beautiful aesthetic and give homes to pollinators and other wildlife. If you want options to help mow the lawn less, consider replacing some grass with bark mulch.
- Reseal doors and windows.
Good sealing is crucial for weatherization, making your home less drafty, more comfortable, and energy efficient. During the colder months, your door and window caulking can crack or shrink. Ensuring that there are as few gaps as possible in your door and window sealing can prevent cold or hot air from escaping or entering your home.
- Outdoor kitchen and seating area.
An outdoor kitchen and seating can be a great home addition to entertain guests during the warm spring and summer months. With an outdoor kitchen, everything you need can be conveniently left outside, such as barbeques, ice makers, and refrigerators, saving time from making trips in and out of the house. Additionally, you can keep lingering cooking odours and messes outside. Adding an outdoor fireplace, comfortable seating, and tables lets your family and friends gather around to relax and create everlasting memories.
5. Retrofit your home.
You may have an emotional attachment to your home and desire to age in place, but you have not planned any renovations that make it easier to move around during your golden years. To boost the accessibility and comfort of your home, you can prepare for a safer washroom by replacing a tub-style shower with a curb-less or walk-in model, or you can plan features that enable single-level living, such as moving your laundry space to the main floor.
Renovating your home can be an exciting project but comes with a price tag. If you’re a homeowner aged 55-plus, the CHIP Reverse Mortgage by HomeEquity Bank is a great option to provide you with the funds you need to refresh your home to enjoy for many years to come. You can unlock up to 55% of your home’s equity in tax-free cash, and you’re free to use your money in any way you like, such as investing in your home.
Written by HomeEquity Bank
As your dedicated mortgage professional, we are always here to help evaluate your needs and find a solution for you. Contact us today if you are looking at ways to finance home upgrades.
