Investing In Your Home

Interior hallway with a wooden staircase, white walls, and dark wooden flooring. A console table with decorative vases is against the wall, topped by a circular mirror with a textured frame. Doors line the corridor.

Agenda

Utilizing Home Equity as a Retirement Tool

Remodel vs. Renovation

Funding a Renovation

DIY vs. Professional

Q&A

Suburban street at sunset with houses, trees, and a bright sun on the horizon.
Silhouetted family standing on a beach at sunset, holding hands and facing the ocean.

Retiring with home equity

  • Significant source of wealth

  • The market is stable

  • No more mortgage

  • Move into a rental

What is a Renovation?

Man and woman cooking in a modern kitchen with red cookware.
Interior building under renovation with exposed brick walls, construction tools, and a worker on a ladder.

Popular Renovations

  • Replacing cabinet hardware

  • Painting a room

  • Installing new light fixtures

  • Installing a programmable or smart thermostat

  • Painting cabinets or replacing them with open shelving

  • Installing a new bathroom vanity, faucet and mirror

  • Taking on a small kitchen renovation

Assorted colorful paintbrushes with various paint colors on bristles, arranged together on a textured surface.

Starting a Remodel

Table titled 'Cost vs. Value: National Averages' showing different home improvement projects with columns for project type, job cost, value at sale, and percentage cost recovered. Projects include garage door replacement, kitchen remodels, and more, with percentage cost recovered ranging from 48% to 94%.

Tapping into a HELOC

  • Revolving line of credit to use as you see fit

  • Credit card vs HELOC

  • Is it a personal loan?

Person holding an open empty wallet

To DIY or Not

Backyard with wooden deck, overgrown with weeds, next to a murky pool and surrounded by trees.
Spacious kitchen with white cabinets and a central island, featuring a stainless steel refrigerator, double oven, and a window with outdoor views. The kitchen has pendant lighting, a ceiling fan, and wooden bar stools at the island. There's also a dining table with chairs and large windows allowing natural light.
Bathroom with double sink vanity, large mirrors, glass shower with stone tiles, and overhead lighting.
Empty room with beige walls, red curtains, carpet, radiator, and two windows.