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Tax Refund

By
Real Estate Agent with Exit Realty

Paying income taxes is never fun, but there's a silver lining when you get money back. The average tax refund fluctuates from year to year, but lately it's been in the neighborhood of $2,500.

An extra $2,500 from the IRS can do a lot of good around the house, from insulating an attic to sprucing up a dated bathroom. It can also pay down high-interest debt, help you get ahead on mortgage payments, or improve it  to sell.

Tips for investing a tax refund in your home depends on your life stage and financial circumstances, sometimes it makes sense to invest the money in home-related projects. Other times, the best investment you can make in your home is not investing in it at all.

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