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Beneficial Home Improvements on a Budget

In our last blog post we discussed mortgages for those who resolved to finally get that new home they’ve been talking about for far too long this year. But perhaps you don’t need a new, but just want to make a few improvements. Well, you’re in luck because Iowa State Bank is offering up some great home improvement tips for those on smaller budgets.

There are many small home improvements you can make yourself -- like changing your faucet -- that will provide some new life to your home.

There are many small home improvements you can make yourself — like changing your faucet — that will provide some new life to your home.

Caulk windows and weather-strip doors- help boost the energy efficiency of your home by shutting out the cold winter weather. A caulk gun and 12 caulk cartridges costs around $50, and you can give an exterior door a new threshold and weather-stripping for around $65.

Updating handles on kitchen cabinets and drawers- this is a simple fix that can give your kitchen a fresh look for much less than a full remodel. Handles and knobs run between $5 and $10 each depending on the finish.

Tile backsplash for the kitchen- another way to freshen up your kitchen for less. The average cost for a 10-ft. long by 12-in. high tile backsplash done by a professional is $388 according to DIYorNot.com. However, motivated and skilled homeowners can generally do this type of project for less.

Replace your bathroom fixtures- energy-efficient models provide a new look plus savings on the utilities they use. Energy-rated toilets can start as low as $140, faucets at $32 and tub faucet and showerhead combo at $50.

Painting interior walls- one of the most visual upgrades you can make, adding a fresh coat to your walls also provides could return on investment if you want to sell your home. Costs vary because of paint expenses, but be sure to factor in paint, primer, brushes, rollers and tape.

Of course, if you have a larger budget and need the funds to improve your home, Iowa State Bank can assist by providing a home improvement loan customized to your needs. Our knowledgeable lenders can help make your home improvement dreams a reality, so call or come by any of our offices today!

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