Lifestyle September 18 2018

The Best Home Improvement Projects for You

If you’re exploring home improvement options, you know there are a lot of tips out there. But there are most likely just two reasons that you would be researching major home improvement projects: You either want to improve your home, or you absolutely need to improve your home. If either of the above reasons apply to you, you could benefit from some home improvement tips from Eagle Home Mortgage’s home improvement experts. Here are the best ways to improve your home whether you’re moving or simply improving your current living situation.

Reason 1: You Want to Improve Your Home

If you want to improve your home, you most likely aren’t selling it—you just want to better your living space, add some exciting new features, and make things more enjoyable for your family. These home improvements might not add a ton of value to your home, but they’re worth pursuing simply for a better quality of life. Here are some common home improvements for this situation.

New home features

You have a couple teenagers in your family, but just one bathroom. It goes without saying that the morning bathroom situation is extremely chaotic. To improve the morning routines of each family member—not to mention their sanity—you’re looking into building a new bathroom. In this situation, you and your whole family would benefit from another bathroom, it doesn't matter if it generates a high return on investment or even decreases the value of your home (which is unlikely). If you have the money to add a new bathroom and aren’t looking to move, you should add the bathroom and not worry about the overall value to your home—just the value to your quality of life.

New recreational features

You love grilling up some meat every weekend, but your sprawling backyard is missing a barbecue patio. If you can picture yourself installing and actually using a custom-built natural gas grill, you should look into installing it. Here, return on investment shouldn’t be your biggest concern. You should be more worried about improving your lifestyle. Many recreational home features can be compared to purchasing a depreciating asset like a nice car or dirt bike. If a barbecue is installed to a patio in a very nice neighborhood—but the installation destroys the entire backyard in the process—you might not get a very good return on investment. In fact, there’s a good chance that very little of the actual cost of installing a barbecue will be recouped in a sale. If you feel like you’d benefit from installing a pool, go ahead and do it. But it’s worth checking with a real estate professional first to make sure you understand the potential consequences of installing a pool. It might actually lower your property value and make your home more difficult to sell later on. Even if you’re not planning on moving right now—or ever—it’s worth knowing how any home improvement projects will affect your home’s cost and sellability in case your plans eventually change. If you’ve already done some preparation, you won’t be surprised upon putting your home up for sale.

learn about the fha 203(k) loan

Reason 2: You Need to Improve Your Home

If you need to improve your home, you’re most likely selling it. With some home improvement projects, you can actually make your property more marketable, maximize return, minimize loss, and speed up the sales process. A good real estate agent can walk you through the possible home improvement projects that will attract more potential buyers. Ideally, a real estate agent-approved project will pay for itself either through increasing home value or shortening the time it takes to sell the house. Typical projects include the following:

  • Roof repair or replacement
  • New paint, either because the existing paint is in bad shape or is an unusual color
  • New carpet because the existing carpet is old or a strange color or style.
  • Driveway or sidewalk repair or resurfacing
  • Kitchen cabinet facelift
  • Landscape trimming or beautifying

It might not seem too appealing to spend thousands of dollars on home improvement right before your house goes on the market. But these investments often pay for themselves, whether through higher home selling prices or shorter sale time. No matter the type of home improvement projects you’re looking to do, it’s important to consult with an experienced real estate agent. They’ll give you time-tested advice on the home improvement projects that will increase your property’s value for a sale, or simply help improve your quality of life.  

Ready to learn more?

speak to a loan officer today!

April 18 2019

What is HBSG?

If you’re ready to buy a home, but are unable to qualify due to credit challenges, our HBSG team is here to help you get...

Read More

March 27 2019

Interest rates have dropped!

Get Your Home Equity Working for YOU and Refinance Today 

Read More

March 25 2019

5 Steps to Kickstart Your Mortgage Refinance

Ready to refinance your home, but don’t know where to start? Here are some necessary steps to get you started to possibly...

Read More

March 15 2019

Student Loan Debt? How You Can Still Get A Mortgage.

While your student loan debt may look like the biggest obstacle getting in the way of homeownership, a lender may not see it as...

Read More

February 07 2019

A Modern Mortgage with a Personal Touch

In the digital age, we know that you expect a simple online experience that is quick, easy and guides you step-by-step through...

Read More

February 04 2019

How Secure Is Financing Your Home Online?

Technology has changed the way we live our lives – including home financing! Eagle’s Digital Mortgage has been found...

Read More

January 23 2019

A Community That Fits Your Lifestyle

You’ve worked your sixty-hour weeks and raised your family, now is the time to live the lifestyle you deserve. Lennar's...

Read More

December 17 2018

FHA Announces New Loan Limits for 2019

The Federal Housing Administration (FHA) has announced their new loan limits—and it looks like it’s another increase...

Read More

November 15 2018

The Impact of Rising Rates

If you’ve ever had a credit card or purchased a car, you should be familiar with interest rates. An interest rate is the...

Read More

12345Last

Search Results for query

September 04 2018

Alexa Commands You Can Use Every Day

If you’ve brought Amazon Alexa into your home, here are the coolest and most useful skills and Alexa commands you can use every day!

Read More

August 31 2018

Notarize and Eagle Home Mortgage Join Forces to Complete a Fully-Digital Mortgage Closing in Texas

Notarize, the first digital platform to offer a fully-online closing experience, and Eagle Home Mortgage, a full-service mortgage lender, announced the execution of a fully-digital mortgage closing in Kyle, Texas, for a Lennar homebuyer.

Read More

August 30 2018

Eagle Home Mortgage Hosts Back-To-School Drive for Local Foster Children

Eagle Home Mortgage hosts Back-To-School Drive and raises $2,327 in donations for Treehouse Wearhouse, in an effort to help local foster children in the greater Seattle area.

Read More

August 27 2018

Eagle’s Guide to the Cost of Living in America

Read about how the cost of living in America affects your ability to purchase a home and follow our tips to combat these trends.

Read More

August 24 2018

The Ultimate Home Seller’s Checklist

Your house is sold. What next? Eagle Home Mortgage has prepared your closing checklist as you reach the end of the home buying process. Services Gather your receipted bills for taxes, water, sewer and civic association dues and fees. This will ensure you...

Read More

August 22 2018

20 Tips for Your Next Yard Sale

By the time anyone is ready for a yard sale, they’ve been accruing clutter for years. Most yard sales end up being a last-minute mish-mash of junk, yielding no profit. To avoid spending fruitless hours in the hot sun, here are 20 tips on how to manage a...

Read More

August 21 2018

How To Start Planning for Retirement in Your 20's

Read about how you can start planning for retirement, even as early as your 20's. A healthy budget makes for a healthy retirement!

Read More

August 21 2018

Are You Ever Too Old to Get Approved for a Mortgage?

Whether you’re looking to downsize into the upgraded home of your dreams, refinance to pay off your home a little quicker, or looking for some extra cash to help fund your retirement, we want you to know that nobody is ever too old to get approved for a...

Read More

August 20 2018

Low Cost Ways to Spruce Up Your Home

Need maintenance tips to prolong the life of your home? Whether you’re a first-time buyer or your home is heading to market, it’s important to invest in regular upkeep to avoid hefty costs in the long-run and make the most on a future sale. A...

Read More

First23456Last

Mortgage Calculators

Crunch the Numbers With Our Helpful Mortgage Calculators

Payment Calculator

payment calculator

Payment
Calculator

Affordability Calculator

affordability calculator

Affordability
Calculator

Refinance Calculator

refinance calculator

Refinance
Calculator

The Modern Digital Mortgage with a Personal Touch

Paperless. Effortless. Awesomeness TM

Simplify the home financing process with our Digital Mortgage. We'll be here to help navigate you through the entire process.

Get Pre-qualifiedWhat is a Digital Mortgage?