Why Should You Invest in a Home Remodel Right Now?

Three major bank collapses that have happened in the U.S. since March have caused a lot of anxiety. After Silicon Valley Bank, Signature Bank, and First Republic were shut down, you are, no doubt, asking a single question: is this the beginning of a financial crisis? With prices for housing, gas, food, and even haircuts jumping in March and April, you may be thinking that the sky is going to fall. Who would even want to talk about house remodeling these days?

At The Guy Corporation, we stay positive, and today we want to share our optimism with you. Read on for the top reasons why you shouldn’t put your home remodeling plans on the back burner.

Getting Inflation under Control

According to the government, while core inflation is still above the target level, it is still lower than in other advanced economies. It is currently below 5% for the first time in two years, and the Federal Reserve believes that the measures taken to get inflation under control have been working well. So, this is great news for us!

With the economy gradually getting back to normal, every homeowner should look into home remodeling. Not only could this help make your home more energy efficient and decrease your energy bills, but it would also increase your home’s value if you are planning on selling it in the future.

Increased Energy Efficiency

Have you heard about the Inflation Reduction Act? This plan aims to make it easier for homeowners to remodel their homes to make them more energy efficient.

Did you know that heat pumps, for example, are an effective way to reduce the cost of your energy bills? Families can get tax credits to replace their heating or cooling systems with efficient heat pumps. Heat pumps keep homes warm in the winter and cool in the summer. They use electricity to move heat from a cool space to a warm space.

The Guy Corporation is an expert in green building and remodeling, so we’ll be happy to help you cut down on your home-related costs.

Increased Home Value

Remodeling services range from transforming the style of your kitchen to turning your basement into a functional space. Studies show that window replacements, as well as kitchen and bathroom upgrades, provide the highest return on investment. Customers definitely find houses with modern designs and customized areas, such as a home gym or even a theater in the basement, far more appealing.

Customized remodels are the key to boosting your home’s value. The Guy Corporation is committed to understanding your needs and preferences and working with you to complete the project according to your vision.

Everyone may be panicking right now about the state of the U.S. economy. At The Guy Corporation, though, we always look ahead and stay optimistic. Investing in a house remodel could not only help you cut down on your energy bills but also help you win in the long run if you decide to sell your house. Contact us today for a consultation!