Home Renovations - MoneyTips

How Much Does It Cost To Insulate a House?

Josh Richner — Mon, 31 Oct 2022 19:07:21 +0000

If you’re constantly running your heater and boarding off rooms like you’re defending the Wall from the Night King, it’s time to winterize your home. Though not an epic CGI battle, the cost of insulating a house can feel daunting. Several factors influence the cost to insulate your home, such as the size of your...

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What Home Improvements Are Tax Deductible in 2023?

Jonathan Pressman — Tue, 18 Oct 2022 14:53:48 +0000

If you made changes to your home in 2023 or are planning to make improvements, you might be able to save on your taxes. Most home improvements aren’t tax deductible, but there are a few exceptions you should know about before tax season comes around. The rules on home improvements you can write off can...

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How Much Does a New Driveway Cost?

Jonathan Pressman — Thu, 13 Oct 2022 18:14:33 +0000

Replacing your driveway isn’t something you do very often. But when the time comes, you’ll want to know what you’re getting yourself into. Driveway prices can vary significantly, depending on the type of driveway you choose and the square footage. Concrete, which is the most popular material used for driveways, has an average cost of...

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What Is Sweat Equity in Real Estate?

Amanda Petersen — Fri, 07 Oct 2022 13:47:01 +0000

The term sweat equity is used to describe non-monetary contributions to a business or project resulting in increased equity in an asset. It’s a general and subjective measure of a person’s time, energy, and labor toward a particular effort. This term is frequently used when referring to entrepreneurs and startups since long and unpaid hours...

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How To Increase Home Value With 5 Renovations

Jonathan Pressman — Fri, 30 Sep 2022 12:27:03 +0000

While you may love nothing more than living in your home right now, there must be some part of you that hopes – and expects – your home’s value to climb, especially if you’re thinking about selling your home one day. We don’t want to make any assumptions, but for most sellers, their highest priority...

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What Is an Encumbrance and How Does It Work?

Andrew Paniello — Thu, 02 Jun 2022 19:23:00 +0000

If you’ve never been to a closing, it pretty much looks like this: You sign a bunch of paperwork, pay your closing costs and get a mortgage. Then the moment you’ve been hotly anticipating arrives, and you finally get the keys to your new home from your real estate agent. Once you’ve cemented your status...

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How Much Does It Cost To Build a Deck?

MoneyTips Writer — Wed, 04 May 2022 20:15:06 +0000

A deck is one of those home improvements that keeps on giving. While you’re living in your home, it expands your living space and makes it more comfortable to enjoy the great outdoors. When you’re ready to sell, a deck can increase your home’s property value and bring in a bigger profit. If you’re thinking...

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