Home Remodeling Projects for Your Tax Return

Richard Rampton

Forward-thinking Chicago homeowners have already filed their 2016 taxes and may have already cashed their refund checks. But before you begin burning through that refund like a kid in a toy store, think about where you can use that money that will benefit you the most. The answer to that for most homeowners in Chicago will be to invest in their home.

To aid in planning your tax return investment, below are some of the most beneficial home projects that you can do. From putting in floors and shutters to purchasing modern appliances, these ideas will get you the most out of your tax refund.

Get New Floors This Spring

Awesome new floors are some of the best things you can give your Chicago home this spring. Alongside your annual spring cleaning, new flooring can completely change the look and feel of your home for the new season. Just think about how a new hardwood or tile floor might look in one of the rooms in your home.

Chicago hardwood floor and blinds

New flooring is a great tax return project because it can increase your home’s value. It’s proven that certain flooring like real hardwood and stone or tile can up the appraisal value of a home, while a stylish new carpet, vinyl, or laminate can decrease time spent on the market if you’re thinking of listing your home on the market any time in the future.

Spring Into New Window Treatments

As with new flooring, a new window treatment can radically change your home’s style. But tax season is an even better time to consider new window treatments, as the weather starts changing with each day and you start opening up your windows more. A few of our favorite window treatments for the spring are plantation shutters and shades.

Chicago shutters in kitchen and family room

Certain window treatments can help you get even more money back on your next return. Polywood® plantation shutters are such an energy efficient window treatment that in addition to lowering your monthly AC bills, the shutters qualify you for energy tax credits. If new window treatments are your gift to your house with your tax refund, be sure to consider energy efficiency and home value in addition to their looks.

Invest in New Appliances

After new window treatments like shutters or putting in a new hardwood floor, what’s the next best home project to invest in? For the majority of Chicago homeowners, the answer is investing in new appliances. Like window treatments and floors, new appliances can make a bold fashion statement and modernize the look of your home.

Chicago kitchen with shutters and appliances 

Begin with your kitchen appliances. The refrigerator, microwave, and range are some of best places to start when thinking about replacements, since those are frequently the most-used and most often seen. Be sure that any new appliance you purchase has a neutral look. For example, stainless steel appliances look stylish while remaining relatively neutral, so even if you refinish your counters or choose a new color scheme, your appliances complement the decor just as well.

More Tax Refund Home Projects

Putting money back in your home is one of the smartest decisions Chicago homeowners can make. For more suggestions or for help starting on those new window treatments, call Sunburst Shutters Chicago at 847-250-6544. We’ll make our way to your house for a free, no-strings-attached design consultation to help you make the best decision for your home this season.