Home Renovation Projects for Your Tax Return

Gary Harding

Proactive Colorado Springs homeowners have likely already completed their taxes for 2016 and may have already cashed their refund checks. But before you begin going through that refund like a kid in a candy store, consider where you could spend that money that will benefit you in the long run. The answer to that for many in Colorado Springs will be to invest that money back in their home.

To aid in planning your tax refund investment, here are a few of the best home projects that you can do. From putting in floors and shutters to putting in modern appliances, these projects will help you get the most out of your tax refund.

New Flooring For Spring

A dazzling new floor is one of the best gifts you can give your Colorado Springs home with your refund. Complementing your yearly spring cleaning, new flooring can completely change the look and feel of your house for the new season. Just think about how a new carpet or hardwood floor might look in one of the rooms in your space.

Colorado Springs hardwood floor and blinds

Getting new floors is a great tax refund project because it naturally increases your home’s value. It’s a fact that certain types of floors like hardwood and stone or tile can up a home’s appraisal value, while a beautiful new carpet or laminate floor can improve a house’s walkthrough appeal if you’re thinking about listing your home on the market in the near future.

Spring Into New Window Coverings

Similar to new flooring, the right window treatment can radically change the style of your home. But tax season is an even better time to consider new window treatments, as the weather changes with each day and you start opening up your windows more. Some of our favorite window treatments for springtime include plantation shutters and shades.

Colorado Springs shutters in dining room and living room

Some window treatments can help you get even more money in your pocket during tax season. Polywood® plantation shutters provide such great energy efficiency that as a bonus to saving you on your monthly heating and AC bills, the shutters qualify you for energy tax credits. If new window treatments are your present to yourself with your tax refund, make sure to think about home value and energy efficiency as well as their looks.

Choose Newer Appliances

After new window treatments such as shutters or putting in a new hardwood floor, what’s the next best home improvement you can make? For most Colorado Springs homeowners, the answer is investing in new appliances. Similar to window treatments and floors, new appliances can be a bold fashion statement and modernize the look of your home.

Colorado Springs kitchen with shutters and appliances 

Begin with the appliances in your kitchen. Your refrigerator, dishwasher, and stove are some of best appliances to start with when thinking about replacements, since they’re frequently the most-used and most visible. Ensure that any new appliance you install has a neutral look. For example, stainless steel appliances look modern while still being relatively neutral, so even if you install new counters or repaint the walls, that stainless steel will complement the decor just as well.

More Tax Return Home Projects

Putting money back in your home is one of the savviest choices Colorado Springs homeowners can make. For more info or for help getting started on those new window treatments, call Sunburst Shutters Colorado Springs at 303-625-6431. We’ll come out to your house for a free, no-strings-attached design consultation to help you make the best decision for your home this season.