10 home projects you can do for the amount of the average IRS tax refund
One way to put that cash to good use is to reinvest in your home. After all, a big chunk of the refund may be coming from your mortgage interest deduction. But just how far will that $3,000 get you?
A few weekends ago, I stopped channel surfing in the middle of one such show and got sucked into watching a bathroom renovation with a budget of $3,000.
Of course for the show, the designer called in favors for this and that, and the clients ended up with what probably amounted to a $20,000 bathroom. I would hate to be a contractor and have potential clients watch unrealistic programs like this and then call me for an estimate.
To set the record straight, I asked local builders and remodelers to suggest home improvement projects that would be in the range of $3,000 or less, including labor. From their suggestions, here are 10 of my favorites:
1. Paint. Three average rooms prepped, primed and painted will run about $3,000. Willing to do it yourself? You could probably do the whole house.
2. Crown molding or wainscoting. Add detail and sophistication to formal dining and living rooms. Hire a carpenter and save the headache of trying to miter and cope the joints yourself.
3. Flooring. Refinish up to 1,200 square feet of hardwood flooring or, depending on the size of room and grade of materials, new hardwood or wall-to-wall carpet in one or two rooms.
4. Laundry upgrade. Replace the floor in your laundry room with an eco-friendly resilient tile and install a new Energy Star-rated front-load washing machine with matching dryer.
5. Tile. Install a new tile floor or a stone backsplash in the kitchen.
6. Powder room upgrade. Start over with new stone flooring, toilet, pedestal sink and faucet, medicine cabinet and wall lighting installed. Paint the room yourself, and you've got a completely new space.
7. Granite countertops. Depending on the grade of stone, you could do a small to medium kitchen, and maybe even add a new undermount sink and faucet
8. Built-ins. Create cubbies, shelving, lockers or cabinetry for storing coats, collections, sports equipment, school book bags, laptop holders, books, TV and stereo equipment, and more.
9. Shutters. Dress up the façade with low-maintenance vinyl shutters and paint your front door in a complementary color or upgrade to six pairs of real wood or fiberglass operable shutters.
10. Outdoor structures. A pergola adorned with climbing vines instantly creates an outdoor room for dining al fresco, a hot tub or an intimate seating area.
Advice from the experts