How to Find Money for Home Upgrades
Home upgrades can certainly increase the value of your home, but you have to make sure that remodel aligns with your budget first. Doing your research on which types of upgrades will give you the best return on your investment can help you make the right decision and prioritize the home renovations you want to invest in. After all, home improvements take money and time—so make sure you're making a worthwhile use of both.
Sometimes, a simple paint upgrade is all it takes to freshen up a space in your home and increase its value. "You could paint your front door, add new house numbers, buy a new doormat, and even replace your mailbox if yours is outdated," says Tyler Forte, CEO of Felix Homes, an online home buying and selling platform.
Of course, envisioning home renovations can be exciting, but you have to figure out how to fund them, too. Whether you have money saved or are looking to take a loan, here are expert tips on how to find funding for your home upgrades and prioritize according to your budget.
>> Smart home renovations can turn out to be a great investment, proving to be worth all the money you put in. However, not everyone has thousands of dollars saved to remodel the kitchen or upgrade that half bath. That's where personal loans come in. A Discover personal loan offers up to $35,000 to cover your project costs, fixed interest rates, flexible repayment terms, it's unsecured and funds can be sent as early as the next business day after acceptance—so you can stay on top of your finances while investing in your dream home. Discover makes loans without regard to race, color, religion, national origin, sex, handicap, or familial status.
Sponsored by Discover Personal Loans