Do you ever look at your home and get the urge to pick up a power tool and start crafting some creative transformations? If so, you’ve caught the DIY bug – and you’re not alone. Our latest infographic looks at the rise of DIY’s popularity, how much we spend and what our favorite job is to get stuck in with! Infographic provided by https://www.cbytools.co.uk
Use home equity loans & lines of credit to add value to your home
If you’re thinking about remodeling your home, you should consider the resale value as well. Different remodeling projects will result in varying returns on investment (ROI) in terms of:
The use your family gets out of the new space
Money you save from energy efficient upgrades
An improved resale value of your home
ROI is especially important if you’re using home equity loans or home equity lines of credit to finance your renovations as you’re counting on the renovation to improve the value of your home and therefore your equity investment. You also want to make sure the renovations you make are in keeping with neighborhood upgrades and will appeal to a broad audience when you’re ready to sell. Cost and return will depend on the scope of your remodel and where you live, but these are the top five home renovations with the best return on investment, on average, for a mid-sized, single family home. Speak to a home loan advisor to learn more about home equity loan options from Citizens Bank.
Thanks to brushless DC motors, tackling home improvements projects is simpler than ever. On average, over half of the adults in the U.S. tackle a DIY project each year. Because of BLDC motors, power tools have longer run times on a single battery charge, are more compact, lighter in weight, more powerful, smarter and last longer. This infographic explores trends in home improvement projects across America, the power tools used and the evolution of brushless DC motors.