How to Fund Your Next Home Repair or Renovation Project
- A 2022 study shows that homeowners spent a median of $22,000 on renovations.
- Funding options are available for financing a home project, such as equity loans, credit cards, and refinancing your mortgage.
- Knowing your project timeline and equity can help you choose the best option for you.
Owning a home comes with inevitable repairs or the desire to give your space an upgrade. A recent study revealed that in 2022, homeowners spent a median of $22,000 on renovations, with more than 50% of them planning to spend at least $15,000 on upgrades.
But don’t let the cost of these projects