Home Improvements You Should Use Your Home Equity for This Summer

Home Improvements You Should Use Your Home Equity for This Summer

Face it home improvements are fun and make you feel good when they are done! Have you ever wanted to improve your home, but not had the funds to do it? Consider taking out a home equity loan. This is where you borrow money based on the amount of mortgage you’ve paid or the amount of increase that your home has received. If you then put this money into your house, you will increase its worth. You’ll also be enjoying the benefits of an improved home. Here are some ideas of things you can do to improve your home.

Home Improvements: Room Additions

If you’ve always wanted a guest room or you plan to grow your family, now is a great time to add a bedroom. You can do this by splitting a room or adding an addition to the side of your home. If you choose the latter option, make sure that you have the work done by professionals. Doing the work yourself could result in violating city building codes. It also might not look as nice. By adding a room to your home, you will increase the total room count which is an important factor in the evaluation of a home’s worth.

Backyard Amenities

You can also use your home equity loan to improve your backyard. If you’re looking to make the place more fun, you could put in a pool or basketball/tennis court. Pools are fun to have but can also require a lot of maintenance. Make sure you know what is required of you before you invest in this option. If you don’t have the room for a tennis court, you could try a pickleball court.

If you’re looking for more functionality, you could put in a deck, clubhouse, or outdoor kitchen. These can be great gathering places for parties when you want to spend a little more time outdoors. These types of amenities are really attractive to buyers and increase the worth of your home.

Home Improvements: Home Theater

Sometimes it is nice to just stay inside and relax after a long day. What better place to do that then in your very own home theater? Considering recent events, a home theater may soon become the only way to get the theater experience. Many movies are starting to skip the theater and go straight to streaming services. It’s fairly likely that the traditional movie theater industry is going to disappear entirely. With your own home theater, you will bring movies to life in your own home.

If you’re worried about going deeper in debt, talk with a financial advisor. If you reinvest your money into your home, then you will be offsetting a lot of your debt by an increase in equity. Do your research and you will find that your financials will be better off than you think.

Looking for more home improvement ideas? Check out these tips: What You Should Know Before Hiring Professionals to Work on Your Home

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 



$170,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
988
SQFT
2022 Cuba St
Fort Myers, FL 33916
Fort Myers Subdivision
New Listing - 3 weeks online
$750,000
Commercial For Sale
Active
0.4677
ACRES
LEE
COUNTY
1517 N Tamiami Trl
North Fort Myers, FL 33903
 
New Listing - a week online
$240,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,413
SQFT
1355 Torreya Cir
North Fort Myers, FL 33917
Foxmoor Subdivision
New Listing - 3 weeks online
$54,900
Land For Sale
Pending With Contingencies
0.344
ACRES
LEE
COUNTY
2043 NE 5th Ter
Cape Coral, FL 33909
Cape Coral Subdivision
$49,900
Land For Sale
Pending With Contingencies
0.234
ACRES
LEE
COUNTY
133 Cultural Park Blvd N
Cape Coral, FL 33909
Not Applicable Subdivision
$155,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,348
SQFT
8145 Ebson Dr
North Fort Myers, FL 33917
Suncoast Lakes Unrecorded Subdivison Subdivision
$429,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
2
TOTAL BATHS
2,237
SQFT
2212 SW 8th Ct
Cape Coral, FL 33991
Cape Coral Subdivision
New Listing - 3 weeks online
$24,900
Land For Sale
Pending
0.255
ACRES
LEE
COUNTY
1137 NW 9th St
Cape Coral, FL 33993
Cape Coral Subdivision
New Listing - 4 weeks online
$29,900
Land For Sale
Pending With Contingencies
0.241
ACRES
LEE
COUNTY
3810 NE 8th Pl
Cape Coral, FL 33909
Cape Coral Subdivision
$22,900
Land For Sale
Pending With Contingencies
0.244
ACRES
LEE
COUNTY
4214 Connection Ave
Cape Coral, FL 33909
Not Applicable Subdivision
New Listing - 4 weeks online
$224,900
Land For Sale
Pending
0.23
ACRES
LEE
COUNTY
4428 SW 10th Ave
Cape Coral, FL 33914
Cape Coral Subdivision
New Listing - a week online
$639,900
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
2,597
SQFT
11594 Royal Tee Cir
Cape Coral, FL 33991
Cape Royal Subdivision
New Listing - 2 weeks online
$18,900
Land For Sale
Pending
0.267
ACRES
LEE
COUNTY
1407 Alan Ave S
Lehigh Acres, FL 33976
Lehigh Acres Subdivision
$68,900
Land For Sale
Pending With Contingencies
0.222
ACRES
LEE
COUNTY
8342 Butternut Rd
Fort Myers, FL 33967
San Carlos Park Subdivision
$11,900
Land For Sale
Active
0.25
ACRES
LEE
COUNTY
2814 58th St W
Lehigh Acres, FL 33971
Lehigh Acres Subdivision
$13,900
Land For Sale
Pending With Contingencies
0.252
ACRES
LEE
COUNTY
2718 23rd St W
Lehigh Acres, FL 33971
Not Applicable Subdivision
$119,900
Single Family Home For Sale
Pending
2
BEDS
2
TOTAL BATHS
920
SQFT
118 Andros St
Lehigh Acres, FL 33936
Lehigh Acres Subdivision
Short Sale
$111,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,283
SQFT
220 Ancona St
Fort Myers, FL 33913
Mirror Lakes Subdivision
$224,900
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,686
SQFT
103 Jayside Ln
Lehigh Acres, FL 33936
Sable Springs Subdivision
$285,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,650
SQFT
117 Columbus Ave
Lehigh Acres, FL 33936
Lehigh Acres Subdivision
Price Change - 3 weeks ago
$33,999
Land For Sale
Active
0.8316
ACRES
LEE
COUNTY
Corner Lot
Lehigh Acres, FL 33974
Lehigh Acres Subdivision

 

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