Why Now Is The Time For a Bathroom & Kitchen Remodel

Susan Gentry

Prepping for a Tax Refund

The final day to file taxes was April 15. Surveys have found that nearly 80% of people receive a return after filing federal taxes. Though the exact amount of the refund will vary depending on your financial situation, most people can expect to receive several hundred — or thousand — dollars back in their bank account, and soon.

Rather than spending this money on disposable goods, invest it in your home by putting it toward your next bathroom or kitchen remodeling project. Remodeling provides lasting results and increases resale value when selling a house.

What Will You Upgrade?

Depending on the scope of your project, there’s no denying it can be somewhat pricey. However, your tax return may be the perfect amount for an initial deposit — or it could fully fund a smaller remodel. Focus on features that are the most visible and used, such as sinks, toilets, custom shower systems, and cabinetry.

Even if you aren’t planning full-scale kitchen remodeling, use your tax refund for other necessary plumbing improvements, like a more efficient garbage disposal or a new faucet that won’t leak. These kinds of projects make life easier, and they aren’t as expensive as you might think — especially when your tax refund lets you avoid dipping into your savings.