DIY & home

New Decor? Let Your Home Pay For It

Did you know that at any given time, 70% of homeowners are unhappy with their interior decor?

It would be foolish to assume that decorating your home is anything but an act of vanity. In reality, your decor is what makes the house or the flat your home. It acts as an extension of your personality and helps you, the homeowner, to identify with your surroundings. In other words, if you don’t invest any amount of time or money in your interior decor, you can’t let down your guard.

You can’t relax when you don’t feel at home. And without a sanctuary where you can forget about your work stress and let go of all your worries, your mental health is at risk. There’s no vanity in decorating your home. It’s about defining a safe territory. Unfortunately, creating a new decor that suits your personality doesn’t quite come for free. So you need to be smart and make sure the home can pay for your improvement project.

Decorating and home maintenance doesn’t come for free

How much does it really cost to decorate your home? According to the NAEA Propertymark, British homeowners spend over £40 billion making their house a home. From home improvements to bathroom renovations, Britons are desperate to change the look of their properties. But unfortunately, as the cost of living has been on the rise since the Brexit referendum, homeowners are often forced to postpone their improvement plans, if not cancel because they can’t sustain the costs. So, it’s fair to say that you need to look for alternative funding options to make your decorating dreams come true. It isn’t enough to tell yourself that you’ll eventually recoup the costs when you sell the house. You need a solution that can pay for the home improvement work as it happens.

I want to redesign my guest bedroom

Empty rooms are some of the most challenging decor projects. A blank canvas can be daunting if you’re not sure what you want to do. However, leaving a room blank can eventually put its structure at risk, as you stop going into the room and can’t notice maintenance issues on time. So if you’ve got a spare bedroom you ignore, it’s time to transform it into the perfect room. A good tip is to create symmetry within your decor, as it sets a peaceful atmosphere. You can use bedside tables on each side of the bed with matching lamps, for example. Keep the decor minimalist, as it’s not only a growing trend but also a sophisticated layout. You can then rent your newly decorated spare bedroom through the rent a room scheme. With up to £7,500 tax-free, you can be sure the room can pay for itself!

The house needs maintenance work

If the house is in dire need of improvement works, you need to look for funding options that let you plan accordingly. For instance, a cramped kitchen might benefit from an extension, or you need to completely renovate the bathroom to get rid of mould patches. When you can’t postpone the change of decor, you can use secured homeowner loans from Evolution Money to pay for it. This kind of loans lets homeowners use their house as a financial guarantee, which ultimately means that the house can help you pay for the improvement work.

I need to update my decor

Same old table. Same old chairs. You haven’t changed your furniture in years and, frankly, you’re getting quite bored of it all. If you’re looking for a solution to transform your decor dramatically, you can let your old items pay for the change. Small and medium-sized furniture can be profitable to sell on eBay if you concentrate on shippable items.

You’ll need to set up shipping in advance so that you can provide future buyers with a fair shipping price. For large pieces of furniture, you can offer a local pickup option.

I’m planning big works after the summer holiday

How about letting the home pays for itself while you’re not using it? You can place your property as a rental on Airbnb and make a profitable income, even if you only rent it during your holiday. Start by listing your space with as much information as possible. You can find a variety of home types, starting with house and including tents, so this can be helpful if you’ve got more than one kind of accommodations. Use the calendar to let holidaymakers know when the property is available.

Ultimately, changing decor is a costly investment that doesn’t only add value to your home but also improves your well-being. You can find smart ways of letting your home pay for improvement works, through rental activities, secured loans, or selling your unwanted objects.

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