6 Reasons You Need to Upgrade Your Mudroom this Winter
Your mudroom is usually a small hallway attached to the back door that in theory will keep winter dirt, sand and mud from getting further into your home. If your mudroom is in rough shape, any time is a good time to repair it, but, for the following reasons, Winter can also be a good time to do some worthwhile general remodeling.
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In northern climates, like Minnesota real estate or Chicago, outdoor construction will grind to a halt as the weather gets snowier and colder, and this can free up all lot of talented carpenters, bricklayers and drywall experts. This situation can work to your advantage because even in a tight labor market, bad winter weather can make it a lot easier to find qualified workers.
If this were 2009, your chances of getting a home remodeling loan would have been greatly reduced. Banks had just been stung by Great Recession economic factors and government dictated tight lending standards, and they would only lend to the absolute most creditworthy customers. If you were not one of these, you would have been out of luck.
Today you can certainly tell the difference in the lending environment; you may receive several credit card offers in the mail weekly, and you will be greeted nicely at the bank if you’re in search of home remodeling money. Also, interest rates—although they have recently risen—are still very manageable.
Tight Home Resale Market
Home prices have risen sharply in many areas partly due to a lack of supply, and you may be tempted to put your home up for sale to cash in on this hot market. Any remodeling should of course be completed before you even contemplate selling your home.
If You Want to Rent
So, you received a great job offer in a distant city, you have to move, but you just aren’t ready to part with your beloved home. You’ve decided to rent it, cover the mortgage, and perhaps even pocket some extra cash. To do that and get a top rent, however, you’ll need to have your home in tip-top condition, so start and complete any remodeling projects now. And be sure to view trusted rent reports, like this one from Athens, Georgia for example, to make sure you know what price you can get.
You Have Time
Summer can be a busy time, and the last thing you may want is the disruption of a major remodeling project. The thought of tearing apart a room or repairing your mudroom may not be appealing during the winter either, but wouldn’t it be great if you were able to have all of this done before summer arrived?
You Really Need to Do It
If the pan has corroded in your upstairs bathroom and water is leaking through the kitchen ceiling, or if every time it rains you have a puddle on the living room floor, or if that greasy wooden paneling in your family room depresses you every time you walk past it, it probably is time to roll up your sleeves and get the job done.
Again, remodeling is a disruption, but if any of the above six situations apply to you, quit reading this article and start making plans to improve your space.