The recession has long passed and you now have the opportunity to drive your home improvements this New Year. You may have pushed these projects to the bottom of your priority list, but now might actually be the best time to invest money in your home.
In this post, Tittle Brothers Construction, the leading name in windows in Ann Arbor, discusses why home improvement makes a great investment this year:
Home improvement spending will likely accelerate
This spending may have slacked over the past quarters, but the Leading Indicator of Remodeling Activity (LIRA) from the Remodeling Futures Program at Harvard University, expects it to rise this year. The LIRA estimates an annual spending growth from 2.4% in the third quarter of 2015 to 6.8% in the second quarter of 2016.
This growth can lead to cheaper loan rates, affordable building materials, as well as more contractors. In addition, there may be an influx of new design ideas, which you could take advantage of for your home.
Reduced energy expenses
With energy efficient upgrades, you’ll usually earn your money back. Replacement windows, siding, insulation, and ENERGY STAR® appliances will afford you energy bill savings for years to come. You could also be eligible for federal tax credits, which will further bring down your monthly bills.
Accommodate lifestyle needs
Perhaps you need to make your home more accessible for an elderly family member or adapt it for your own easier living. Rather than deal with the stress of looking for a new home, you can simply remodel your current one and stay put.
Increased home value and appeal
Whether you’re putting your house on the market or you simply fancy a fascinating charm, remodeling will boost the value of your home. Fresh siding, a new roof, and neat landscaping are simple ways you can enhance curb appeal, if you’re looking to give your home a different look.
As the trusted experts in window repair in Ann Arbor, we offer a variety of home improvement projects that suit your taste and budget. From siding and masonry to bathroom and kitchen remodels, we got you covered.
We work with top brands in the industry to provide only the best products and services. Give us a call today at (877) 228-5658 for a FREE estimate on the remodeling needs of your home. You can also fill out our online request form and we will get in touch.