Posted by: islamicfinancingnews | February 8, 2014

Some great DIY projects to increase your home’s equity

Before you dive headfirst into home renovations, it pays to take a few moments to consider which ones give the best return on the investment.  Use the same logical process that helped you to arrive at Islamic home loans as the best choice to start the whole process off.  Keep in mind that some of the best makeovers don’t cost a lot of money but have excellent returns in equity.

  • A front yard makeover.  Curb appeal is the end goal and touching up the walkway in front of your home or even adding some new colors to the planter in the front makes a big difference to the first impression your home gives off. Even if you’re not planning on selling, a front yard tune up tells your neighbors that you’re looking after your property and it helps to make your home stand apart from the others around it.
  • A furnace replacement.  This might not be at the top of everyone’s wish list but getting a energy efficient unit can save you money and increase efficiency at the same time.

Consider that replacing the furnace is like signing on with Islamic mortgage loans in that you need some time to see the benefits. Typically, it takes five years to enjoy the financial rewards of getting a new furnace through energy savings.

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