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Home > Tools & Resources > 8 Home Improvements to Make with Your HELOC Savings

8 Home Improvements to Make with Your HELOC Savings

5/29/2024

Have you been dreaming of a more beautiful and functional home? SharePoint Credit Union’s Home Equity Line of Credit (HELOC) can help you get there! We offer competitive rates, flexible terms, and convenient access to the funds you need for the projects you’ve been planning. And with up to $500 off closing costs through July 31, 2024, now is the time to renovate your home.

Looking for inspiration for your next home remodeling project? Thinking of ways to add value to your home before selling? Keep reading to explore some of our favorite home improvements to make with your HELOC savings!

Boost Curb Appeal

The front exterior of your home can make or break a guest or homebuyer’s first impression. Make it shine with these additions.

  • Install a new front door: Thinking about repainting your front door? Consider replacing it altogether. A new steel door offers extra security and durability in addition to style. If your current door is letting in a draft, installing a new one will also better insulate your home and help you save on energy costs.
  • Spruce up your landscape: A beautiful landscape takes more than a well-manicured lawn. Fresh mulch, flowers, and shrubs can go a long way toward creating a healthier, greener space and adding value to your property in the long term. 

Remodel the Kitchen

The kitchen is the heart of the home, and it’s also one of the easiest rooms to renovate. Check out these cost-effective projects.

  • Update your appliances: Kitchen technology has come a long way in the last few years. New energy-efficient models will save you money in the long term, and smart appliances bring extra convenience and accessibility.
  • Upgrade countertops: Replacing your countertops with new granite, quartz, or soapstone refreshes the look of your kitchen with a natural appearance that is easy to keep clean.
  • Add an island: If space allows, installing a kitchen island can create additional counter space, storage, and seating.

Refresh Your Bathroom

These simple upgrades can give your bathroom a clean, new look while adding considerable value to your home.

  • Replace the tile: Modernize your bathroom with new tiles on the floor and shower walls! There are many designs available, so choose one that fits your style.
  • Add modern fixtures: Replacing old faucets, showerheads, and toilets will bring a significant return on your investment. Consider water-saving fixtures to keep your bills low, too!
  • Install an additional sink: If space allows, adding an extra sink to a bathroom with multiple regular users will make everyone’s lives easier.

Bring Your Dream Projects to Life with a HELOC

Whether you want to give your home a new look, increase convenience and functionality, or add value before putting your house on the market, a HELOC from SharePoint Credit Union can help you build the home improvements of your dreams. Contact us to discuss your options and apply today for up to $500 off closing costs through July 31, 2024.
 



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