December 1, 2025
Moving Across the Country? Here’s How to Plan
Moving across the country is exciting: a new job, a new city, a new chapter. But it’s also a challenge that tests your planning skills (an...
It’s tax season and although you may dread this time of year, at least you can potentially look forward to receiving a tax refund. The average tax refund in 2016 was about $3,000 and spending this extra money on refreshing your home can be a wise decision. It not only presents an opportunity to make your home more comfortable, but it can also increase the value of your home for the future.
Home improvements can be made on a large or small scale depending on your scope of budget. Here are a few tips on a variety of ways to refresh your home with your tax return:
First assess the areas in your home where you would like to make changes. Focus your efforts on a specific room to help maximize your impact and budget, if possible.
Popular rooms to make over are typically kitchens and bathrooms. Updates to these important and frequently used rooms will make the most impact on the rise in value of your home. According to Remodeling Magazine, in 2016 the average bathroom remodel recouped 65 percent of the investment made and minor kitchen remodels recouped 83 percent of the initial investment.
If you want to dramatically increase the value of your home, add on an extra bedroom by either converting your attic or garage space. Adding-on is a significant investment but a worthwhile one when it comes to your return. You may also like to consider adding a back deck to your outside space.
If your budget allows, consider replacing old appliances such as your fridge, oven or washer. Having newer appliances automatically increases value on your home and makes day-to-day life a little easier.
If you don’t plan on spending your entire tax refund on home improvements, you may choose to update a few smaller areas instead. Follow these tips for ways to get the best bang for your buck:
Another option to consider is purchasing previously rented furniture at a discounted price. CORT’S Clearance Center offers great savings and an extensive inventory of previously owned home and office furniture that are built to last.
Rocking chairs, patio loungers, and wicker chairs also make for great additions to any outdoor space.
If you’re lucky enough to get a tax refund check this year, it’s a great opportunity to reinvest in your home and help increase its value. If you’ve been meaning to repair or upgrade your home for a while, your tax refund might just be the perfect opportunity to do so.
For more CORT Corner tips:
