Warm weather is approaching, and spring is the ideal time to shake off the dust and get your house back into shape! Get started on your next home renovation with a strategic Home Equity Line of Credit from Putnam Bank. Our custom financing allows you to withdraw only the funds you need along the course of your future project. Inspiration can be found everywhere when updating common areas such as the kitchen, bathrooms, basement, or outdoor living area. See what these average home renovations cost with this handy guide courtesy of Putnam Bank.
Kitchen Remodel: Creating your ideal culinary environment is more than just choosing cabinets and countertops. With all the updates and finishing work, a typical New England kitchen remodel can cost around $35,000 to complete. Carefully crafting the heart of your home takes concentrated decision making and long term planning. Consider updating your kitchen appliances in order to save time and energy while preparing future meals. You may want to refinish or replace worn out flooring to match the new feel of your fresh remodel.
Bathroom Remodel: Giving your common space a much needed facelift can help you add value to your home. With updates as simple as new hardware and a tasteful backsplash you can bring some timeless style to a functional space. When undertaking a full renovation, features like a walk-in shower or a double vanity can bring a bold statement to the room. The average bathroom remodel in Connecticut typically runs under $12,000 for a completely revamped space.
New Deck: Building a fun outdoor patio or deck can open up the area for countless fun family activities. Costing around $8000 for the average East Coast deck, you can complete this exciting renovation in time and under budget. Spice up your new construction with added rails to hold beverages or food during grill outs and get-togethers.
Finishing a Basement: Depending on your foundation and other structural issues, most basement renovations center on adding dry wall, placing new flooring, and waterproofing the entirety of the room. Typically costing under $25,000, a finished basement can serve as additional space for an office or play room, increasing the livable square footage of your home.
There are endless projects to begin your spring to-do list this season. Let Putnam Bank help you get started on your next home renovation with a tailored Home Equity Line of Credit. Speak with one of our helpful lenders to get started today!