According to the Internal Revenue Service, the average tax refund is nearly $3,000. That is a lot of money – more than enough to spruce up your home and make it look its best.
If you want to make the most of your tax refund this year, why not put the windfall into some much-needed home improvements? If you have been putting off these home upgrades, now is the perfect time to get going.
Replacing your old windows with newer and more energy-efficient models may be the best way to use your tax refund. When you replace your old windows, you can lower your heating and cooling bills month after month and season after season.
The energy savings alone could be enough to pay for the cost of the windows. If you doubt the importance of upgrading your windows, do a simple experiment. Replace one or two windows, then compare your energy bill to what you paid last year. You will quickly see the savings – and the value of replacing the rest of your old worn-out windows.
New Siding for Your Home
Siding makes your home look good, but it does much more than that. The siding on your home protects the structure underneath from the elements, preventing water damage and other issues. If your siding has seen better days, why not use your tax refund to finance a replacement?
Many siding contractors run specials around tax time, so keep your eyes open. You might be able to get the siding replaced and still have money left over for other home improvement projects.
Maintenance for Your Roof
A leaking roof could cost you thousands of dollars, but proper maintenance now could prevent those future problems. If you see staining on your ceiling or notice loose or peeling shingles, your roof probably needs some attention.
Your tax refund can help you pay the roofing contractor and make any necessary repairs. Once the repairs are done, you can rest easy knowing that you and your family are protected.
Improving the Landscaping Around Your Home
Curb appeal is important, especially if you are thinking of selling your home. Improving the landscaping around your house is a great way to use your tax return. That $3,000 tax refund will buy a lot of trees and bushes.
If you do the work yourself, you will probably have lots of money left over to make your home look even better. You could use the extra money to plant a vegetable garden, add some flowers around your mailbox or repaint the front door. Before you know it, you will have the most beautiful home in the neighborhood – all courtesy of Uncle Sam.
If you are expecting a tax refund this year, you can use the time spent waiting more productively. Just make a list of the home improvement projects you have been putting off, set up your shopping list and wait for the check to arrive.