Reinvesting Your Tax Return By Making Home Improvements

Reinvesting Your Tax Return By Making Home Improvements

Why using your tax return to make home improvements is a good investment.

With tax season upon us, many United States citizens will be receiving tax refunds.  Homeowners often receive, on average, more money back from taxes thanks to tax breaks given to homeowner who have mortgages.  Most financial and tax publications estimate the average tax return at around $3,000 per family.  $3,000 is a sizable amount of money that can either be saved or reinvested.  The purpose of this blog post is to show why reinvesting some of this tax return money into the home.

The first reason why making home improvements is a good investment for homeowners is that all home's need maintenance, and just like with a car, preventive maintenance will keep a home in good working and livable shape. Doing home improvements like painting, installing new flooring, or remodeling the bathroom will not only spruce up the look of the home, it also prevents things from deteriorating.  Carpet gets worn, paint gets dull, and bathrooms get grimy, and making improvements to them helps keep things from getting out of control, leading to more costly renovations at later dates.

Another reason why doing home improvements is a good reinvestment for homeowners is that homeowners generally are good money managers.  To qualify for a home mortgage, banks screen potential homeowners for credit, savings, down payment, etc.  Generally speaking, banks do a good job at making sure a homeowner is financially sound before loaning money on a home.  So most homeowners aren't dependent on tax return money for living expenses, thus spending tax refund money on a home improvement can keep homeowners from dipping into saving for money to spend on the home.  Also, homeowners get tax deductions for mortgage interest, so using that tax break to improve the home, is almost like using the interest on the loan to fix up your home.

Last but not least, making regular home improvements leads to higher resale values and quicker resale time frames, when the time comes to sell the home.  Most Realtors will tell you that home's with modern flooring, bathrooms, kitchens, etc., will always sell quicker then home's with outdated flooring, bathrooms, and kitchens.  While some home improvements won't increase the value of the home, almost all home improvements will make the house more sellable.  In addition to being up to date, many home buyers will get a professional home inspector to inspect a property for damages and costly repairs, and being up to date on home improvements will reduce the amount of problems a home inspector will find.  Often times if a home inspector find damages, many sellers will either have to make the repair, or deduct money from the sale price to cover repairs.  So keeping up with home improvements can make selling the home a lot easier when the time comes.

In conclusion, using tax return money is a great way to reinvest money in your home.  Keeping a home well maintained, not having to dip into savings for home improvements, and keeping the home in a sellable condition is always a good investment.  What better way to find money to make the home improvements you've always wanted. and/or the home improvements you need to make?  If your a homeowner in the Salisbury, Charlotte, or Concord North Carolina areas looking to make home improvements after you receive your tax return, then give MB Construction Company a call or a email.  We have free estimates on all of our home improvement services, so it cost nothing to see how affordable making home improvements can be.  Thanks for reading our blog, and check in for new blog post frequently.

Authored by:

Brad Basinger
MB Construction Company
224 Prescott Drive
Salisbury, NC 28144
Phone:704-267-7763 (Brad)
Email: brad@mbconstructioncompany.com
Website: http://www.mbconstructioncompany.com

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Charlotte, NC Kitchen and Bath Remodeling Service Trends for 2013

Kitchen and Bath Remodel Trends in Charlotte for 2013

Sales Increases in MB Construction Company of Salisbury, NC's, kitchen and bath remodeling trends.

It seems as if the Charlotte, NC home and remodelling industry in Charlotte, NC and surrounding areas has picked  up a little in 2013. From our business perspective at MB Construction Company of Salisbury, NC, our Charlotte NC business has been up in the year 2013.  From a recessionary recovery still lacking steam, many homeowners in Charlotte were current on their mortgages, and because of instability in the economy, these homeowners were basically forced into 3-5 years of equity. Also new lending laws have made it harder for homeowners who have stayed current on their mortgages, simply don't want the hassle of selling or larger down payment for moving into a larger home. With the combined factors, trends for our company's kitchen and bath remodelling services,  have seemed to lend homeowners choosing home improvements over building new.

As our blog is intended to be an idea generator for our potential customers, MB Construction Company of Salisbury, NC, would like to share some of the information we have seen in our trends.  Some items like mosaic tile back splashes in bathrooms, and tile shower installations, really add some pop to outdated bathroom fixtures. Just like new cabinets in the kitchen, or a new stove and counter tops.

Below is a list of our top selling kitchen and bath designs, that are trending in Charlotte, NC and the surrounding areas. 

Top 5 trends in our Charlotte NC, Kitchen and Bath Remodelling Services

1. And the winner is...tile flooring in the kitchen and bathroom areas of the home. Tile looks really good in bathrooms and kitchens, and whether ceramic or porcelain tile, it is very durable and can hold up in two or three of the most used rooms of your home.

2. Coming in a close second to tile flooring, mosaic tile back splashes are very popular right now, in both the kitchen and the bathroom. They look really good and unique to the style of the colors the homeowners pick out for them. Affordable pricing rates have made mosaic tile back splashes, popular among Charlotte, NC homeowners this year of 2013.

3. New appliances seem to be trending very well this year, though based on just MB Construction Company of Salisbury NC sales, appliances seem to be selling very well this year. Our customers often need cabinets moved or cut, leading to a lot of small jobs for our company, in assisting with appliance installation.

4. New Cabinets in the kitchen. Many homeowners in Charlotte, NC are in tract homes, and often didn't have the more affordable options they offer now with cabinet design and cabinet installation.

5. Interior Painting Services. With big box retailers offering classes to customers on interior painting techniques, and do it yourself classes, a lot of homeowners in the Charlotte, NC area are doing their own interior painting. However, some homeowners just don't like to paint, so it has kept construction companies that have kitchen and bath painting services busy, and keeping it still one of the most common home improvement projects for homeowners in the Charlotte, NC area.

Although the year is young, we have seen an increase in these top 5 home improvement services in 2013 in the Charlotte area, among our own personal data through sales at MB Construction Company of Salisbury. Our blog is intended to give homeowners some ideas, when looking to remodel their homes. If your a homeowner in the Charlotte, NC area, looking to make improvements to your home, then give MB Construction Company of Salisbury NC a call today at 704-267-7763.

Please leave comments with questions, and other blog ideas that interest you as a reader.

MB Construction Company
224 Prescott Drive
Salisbury, NC 28144
Phone: 704-267-7763
Website: http://www.mbconstructioncompany.com

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