Home Improvement Loans for Spring Renovations
Find spring home improvement projects you can pay for with your home equity loan
A home equity loan can help with financing home improvement projects, especially when you're trying to add resale value to your home. With warmer weather and longer days, spring is the perfect time to consider home improvement projects. The following projects will help you ensure your home is ready for rainy as well as warmer weather, and may increase the appraisal value of your home.
Great outdoor home improvement projects
If you've been cooped up all winter inside, start your home improvement plans by taking a look at the outside of your home. After the harsh conditions of winter, your property could probably use some maintenance.
- Gutters: Spring isn't just the perfect time to clean out the gutters, it's also a good time to repair any that may have dented or broken under the weight of winter snow. Gutters can also help create a rainwater conservation system. Ending your gutters in a rain barrel allows you to collect this water for your garden, giving you a little more bang for your buck.
- Roof repairs: If your roof sustained damage from the snow and icicles, take this time to get your roof inspected. Obtain several quotes to figure out the cost and extent of the damage and decide if you need a home improvement loan. You don't want to wait for heavy spring rains to realize you need your roof repaired!
- Siding: Spring is the perfect time for a fresh coat of paint or stain on wood siding, or to replace old siding. If you're just doing touch ups or an isolated section to freshen up a sunspot, it's an easy fix for a do-it-yourselfer. Consider getting quotes from professionals if you want to repaint or reside the entire house.
- Pipes, plumbing, hoses & air conditioning: Check pipes for any breaks or leaks that might have occurred with freezing temperatures throughout the winter. Home improvement loans can be used to cover the cost of repairing broken pipes as well as any damage caused to walls, furniture or valuables.
Increase your home's aesthetic value with landscaping
Some simple landscaping additions can make your home more marketable. The important thing to remember is to make your home what you want it to be without creating something too high maintenance for future owners. But, plants and other outdoor features can start to get costly, so you may want to consider financing these types of home improvements:
- Re-sod the lawn: Now that the frosts have passed, it's a great time to remove those brown patches of grass and replant or re-sod your lawn. Make sure you find the right sod to live in your climate. Plus, if you're only replacing patches, be sure that the type of sod matches the rest of your lawn.
- Re-pave the driveway: Winter can do some serious damage to your driveway from plows, snow blowers and ice. Take advantage of spring weather to re-pave or resurface the driveway.
- Build a deck/patio: Create the perfect spot for summer barbeques with a deck or patio. There are a lot of structural options to consider, including poured concrete, pavers, bricks, tile or wood. Depending on the size of your plans, you may need a contractor to do the appropriate excavating and foundation work to create a secure structure.
- Install new plantings: While you don't want to go overboard with the landscaping, some simple additions can create both beauty and privacy. Less obtrusive than a fence, planting a hedge row near your property line can give you more privacy. Trees can also provide privacy as well as cool shade and a place to hang a hammock in the summer. If you don't have a green thumb, find quotes from landscapers.
Shop around for the best quote before applying for a home improvement loan
When you're looking for contractors to help with your home improvement projects, be sure to get quotes from several companies or individuals. Even if you're a do-it-yourselfer, you'll still want to check the prices at several home improvement stores to create the right budget for your renovation. Once you've created a budget, you'll know how large a home improvement loan you'll need. When you're ready for home improvement financing, talk to a Citizens Bank home loan advisor at 1-800-340-LOAN. We can help you learn more about using a home equity loan or line of credit for home improvements and get you started with your loan application.
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