One of the best ways to put your mortgage refinancing equity cash to good use is by investing in home renovation. The right home improvements can increase the property’s resale value significantly in addition to bettering the quality of life for your family. We look at 5 interesting home improvement ideas you could implement with the refinancing money.
The kitchen is often considered the heart of the home. That’s why any improvements to the kitchen are almost guaranteed to raise the value of the home. The cost of a kitchen remodel can range anywhere from $1,000 to $100,000; or more. It all depends on how far you want to go. At the minimum, the kitchen should get a fresh coat of paint. Replace older or outdated appliances with preferably energy-efficient, environment-friendly models.