Life at Home - MoneyTips https://moneytips.com/homes/life-at-home/ Finally, money tips that make cents. Tue, 21 Mar 2023 18:44:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 How Much Does It Cost To Insulate a House? https://moneytips.com/homes/life-at-home/home-renovations/how-much-does-it-cost-to-insulate-a-house/ Mon, 31 Oct 2022 19:07:21 +0000 https://moneytips.com/?p=16005 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? https://moneytips.com/homes/life-at-home/home-renovations/what-home-improvements-are-tax-deductible/ Tue, 18 Oct 2022 14:53:48 +0000 https://moneytips.com/?p=15772 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? https://moneytips.com/homes/life-at-home/home-renovations/how-much-does-a-new-driveway-cost/ Thu, 13 Oct 2022 18:14:33 +0000 https://moneytips.com/?p=15613 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? https://moneytips.com/homes/life-at-home/home-renovations/what-is-sweat-equity-in-real-estate/ Fri, 07 Oct 2022 13:47:01 +0000 https://moneytips.com/?p=15264 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 https://moneytips.com/homes/how-to-increase-home-value/ Fri, 30 Sep 2022 12:27:03 +0000 https://moneytips.com/?p=14585 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? https://moneytips.com/homes/buying/what-is-an-encumbrance/ Thu, 02 Jun 2022 19:23:00 +0000 https://moneytips.com/?p=9306 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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Vacant Home Insurance: Do I Need It? https://moneytips.com/homes/buying/home-insurance-taxes/vacant-home-insurance-do-i-need-it/ Tue, 10 May 2022 16:05:13 +0000 https://moneytips.com/?p=8451 When it comes to standard home insurance policies, the coverage when you’re going away for a few days isn’t the same level of coverage you’ll need if your house is empty for an extended period of time. Whether you’re waiting for your house to sell or looking for the right tenant, a vacant property generally...

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How Much Does It Cost To Build a Deck? https://moneytips.com/loans/home-improvement/how-much-does-it-cost-to-build-a-deck/ Wed, 04 May 2022 20:15:06 +0000 https://moneytips.com/?p=8300 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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The Ultimate ‘Moving Into a New Home’ Checklist https://moneytips.com/homes/the-ultimate-moving-into-a-new-home-checklist/ Wed, 16 Feb 2022 15:13:12 +0000 https://moneytips.com/?p=4808 You’ve persisted through long weeks of negotiations, tons of paperwork and hours of scrolling through home furnishing websites as you mentally decorated your new pad. But dreamtime is over. Now it’s time to collect those keys and rest your weary feet in your new home.  It also happens to be a time for checklists and...

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