Tax Refund Spark Home Remodeling Projects

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Miramar, FL – March 4, 2013– Getting a tax refund? Millions of Americans will receive a refund and allocate the funds toward remodeling their kitchens and bathrooms as an investment in their home. Granite Transformations, a global full-service home and business remodeling resource known for its revolutionary stone resurfacing process, offers a variety of exclusive products for homeowners looking to reinvest their tax refund dollars in home renovations this spring.

“Granite Transformations is the perfect choice to help homeowners remodel with a great product selection and convenient in-home shopping,” said Carmine DeChiara, director of marketing, Granite Transformations. “Reinvesting tax refund dollars into the home allows homeowners to plan for the future, while also improving the look of their space.”

The average American received a $2,803 refund on returns filed in 2012, according to the Internal Revenue Service. The home is one of America’s most valuable assets, and it pays to take care of it and reinvest in its future. Home renovations can increase property value anywhere from 10% to 20% depending on the remodeled space.

Spending on home improvements should surge to $134 billion by the second quarter of 2013, according to Harvard’s Leading Indicator of Remodeling Activity, which is up 21% from 2011.

“Strong growth in sales of existing homes and housing starts, coupled with historically low financing costs, have typically been associated with an upturn in home remodeling activity some months later,” said Kermit Baker, director of the Remodeling Futures Program at the Joint Center. “While the housing market has faced some unique challenges in recent years, this combination is expected to produce a favorable outlook for home improvement spending over the coming months.”

As the highest-traffic area of the home, the kitchen experiences a lot of wear and tear. It’s also the room that can become outdated the quickest. Granite Transformations can help homeowners utilize their tax refund to upgrade their countertops with granite, reface cabinets and add a backsplash. This spring, bold patterned granite countertops play a starring role in any kitchen as a durable and solid surface and darker wood tones add warmth to kitchen cabinets.

Next to kitchens, bathrooms are the most-remodeled room in the home. Granite Transformations offers gorgeous glass mosaic tiles available in a variety of colors and custom design patterns to adorn shower and bathtub walls, vanity options with granite countertops in a wide array of colors ranging from traditional earth tones to vibrant reds and oranges and stylish flooring selections.

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